Veteran CEO critiques AI hype as disconnected from business reality after 25 years of tech cycles
By
Gil Mandelzis
Warm and crisp on the edges. A bagel with a bit of bite.
Summary
A veteran CEO with 25 years of experience critiques the current AI hype cycle, arguing that boardroom and investor conversations about AI have become hysterical rather than thoughtful. Drawing on experience through previous tech revolutions (internet, mobile, crypto, blockchain, cloud), the author contends that while AI is real and matters, the panic-driven discourse doesn't match on-the-ground reality, especially in fintech. The article calls for a more measured, practical conversation about AI's actual business applications.
Key quotes
· 3 pulledThe way AI is being talked about today — especially in boardrooms, investor decks, and venture capital echo chambers — has stopped being thoughtful and started being hysterical.
I've lived through all of it: the internet, mobile, crypto, blockchain, cloud computing. All of them mattered. None of them matte
Yes, AI is real. Yes, it matters. And yes, after 25 years of running companies through one tech revolution after another, I'm exhausted by the way we're talking about it.
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