Did you see the network security stock sell-off after Anthropic announced a code security analysis feature? There's a sliver of nothing between mob mentality and wisdom of the crowd.
It's too soon to bother making predictions. Shits gonna be wild for the next few years, then some type of market correction will happen, and we'll start to get an idea of how things will actually look.
Can we please have some calm, stable, boring years please, before I'm dead? The last 5 years have already been "wild" enough. The world is unrecognizable. I'm unprepared for further wildness.
Excluding the batshit insane political side, I don't actually think it's been as nuts as people think, or at least not uniformly so.
I have a lot of friends in the tech sector, but outside the FANNG/silicone valley/startup bubbles. It's been largely business as normal across the board. Twitter and social media warps our perspective I think.
It depends where you lived. In my city (harshest/longest restrictions in the world), we were not allowed to leave the house for more than 30 minutes a day for 2.5 years unless we were out buying groceries. No large gatherings allowed at our homes. Mask usage enforced everywhere in public.
In the city in my country reknowned for having a much higher level of hypochrondria before the pandemic, imagine the mental health issues my city is going through now.
Stow the propaganda. 1) it's not over, the pandemic continues and will likely continue for a long time 2) it's already the fifth deadliest pandemic in known history. "Quarter pandemic" is an insane thing to think let alone say out loud.
The market is losing its shit over this because people are operating on the thesis that "AI will be able to ..." rather than "AI can demonstrably do ...". At some point they're all gonna get margin called on their futurisms. It would be a lot better if, before getting excited, we ask to see experimental results. So you say you have a world-beating security tool? Show me something it can do that all the other ones can't. That would be worth getting excited about, not a vague blog post about vibes and dreams.