When I started angel investing in the late 1990s, a tech investment included a significant technology risk, with the potential upside being groundbreaking innovation. Being an investor at this time meant taking a considerable technology risk and betting on actual tech, such as nanotech, semiconductors or biotech.
E-commerce, albeit hyped and interesting, was not considered tech. It was “Business 2.0”, plain and straightforward, hype included.
You raise good points. Thank you for your replies. All of this still requires planet-cooking levels of power for garbage and to hurt workers.
Thanks for the respectful discussion! I work in ML (not LLMs, but computer vision), so of course I’m biased. But I think it’s understandable to dislike ML/AI stuff considering that there are unfortunately many unsavory practices taking place (potential copyright infringement, very high power consumption, etc.).