We're in the Alta Vista / Ask Jeeves stage of the next boom cycle. Everyone sees an opportunity, and lots of smart people are chasing it. Who will win is unknown.
Based on your references, I assume you were around for that cycle -- in hindsight, what did/should you have done during that stage of the boom cycle to prepare yourself to thrive during the inevitable bust?
There are obvious answers like "live within your means, save money, and invest conservatively." But curious about deeper ones. Particularly when it comes to career trajectory.
I think the key is to figure out who is going to win and work for them, invest in them, or at least stay out of their way. I know easier said than done.
LLM capability scales with money, so deep pockets will win, that simplifies things a great deal.
Microsoft looks like a better place to work these days strategically. They were an early Facebook investor and, as evidenced by the Sam Altman incident, essentially own OpenAI. They have now shown a pattern of being early to see disruption and get their money and influence in. They are diversified and don't make big money on search, which seems like the obvious area of disruption for AI. I think the rise of LLM helps them more than any other company, but we'll see?
Based on your references, I assume you were around for that cycle -- in hindsight, what did/should you have done during that stage of the boom cycle to prepare yourself to thrive during the inevitable bust?
There are obvious answers like "live within your means, save money, and invest conservatively." But curious about deeper ones. Particularly when it comes to career trajectory.