> AI is a seismic event for technology, venture investment, and eventually society.

I think this definitely remains to be seen. Might be, might not be. They were saying the same thing about the Segway.

Segway sold about 6,000 units per year at a $5k price point, adding up to an ARR about 300 times lower than OpenAI. It's already a lot more real than the Segway ever was.

That’s such a ridiculous comparison in the current year.

Segway sold at most 10k units in a year.

ChatGPT currently has 77 million MAUs in the U.S.

Maybe after the VCs set fire to enough money my own dollars will be worth a little more.

Seismic events for venture investment tend to be seismic events for the economy, and thus for society, whether or not the investments pay off as expected.