There’s received wisdom — which ChatGPT corroborates — that it was more profitable during the California Gold Rush to support those prospecting gold than it was to be a prospector yourself. Supporting goods included everything from mining equipment and clothes to housing, food, and banking, and these entrepreneurs were significantly more profitable because they sold bare necessities that every prospector needed, whether the prospector was successful or not. Prospectors on the other hand rarely struck it rich because gold was genuinely difficult to find.
Yes, there is a great rush in the AI application space, and everyone wants to add AI to their portfolio, and get the box ticked. There is Gold, Silver and Bronze to be found in every layer of the AI stack today - Hardware, Platform , Models, Apps. But the skills required vs financial resources required in each of these layers are very different. Whether you approach from top-down or bottom-up. The requirements of the enterprises also differ vastly and so we will see "No one size fits all" slogan and enterprises need to keep their eyes wide open and choose the right ingredients for their business outcomes.
Yes, there is a great rush in the AI application space, and everyone wants to add AI to their portfolio, and get the box ticked. There is Gold, Silver and Bronze to be found in every layer of the AI stack today - Hardware, Platform , Models, Apps. But the skills required vs financial resources required in each of these layers are very different. Whether you approach from top-down or bottom-up. The requirements of the enterprises also differ vastly and so we will see "No one size fits all" slogan and enterprises need to keep their eyes wide open and choose the right ingredients for their business outcomes.