> Indeed, but a lot of railroad startups went out of business because their capital investments far exceeded the revenue growth and they went bankrupt
That was similar to what happened during the dotcom bubble.
The difference this time, is that most of the funding comes from companies with huge profit margins. As long as the leadership in Alphabet, Meta, Microsoft and Amazon (not to mention Elon) believes that AI is coming soon, there will be funding.
Obviously, most startups will fail. But even if 19 fail and 1 succeed, if you invest in all, you're likely to make money.
That was similar to what happened during the dotcom bubble.
The difference this time, is that most of the funding comes from companies with huge profit margins. As long as the leadership in Alphabet, Meta, Microsoft and Amazon (not to mention Elon) believes that AI is coming soon, there will be funding.
Obviously, most startups will fail. But even if 19 fail and 1 succeed, if you invest in all, you're likely to make money.