> How much risk investors are willing to undertake for this prize is evident from their investments, after all, these investors all lived through prior business cycles and bubbles and have the institutional knowledge to know what they're getting into, financially.
There are not that many unicorns these days, so anyone missing out on last unicorn decades are now in immense FOMO and is willing to bet big. Besides, AGI is considered(own opinion) personal skynet(wet dream of all nations’ military) that will do your bidding. Hence everyone wants a piece of that Pie. Also when the bigCo(M$/Google/Meta) are willing to bet on it, makes the topic much more interesting and puts invisible seal of approval from technically savvy corps, as the previous scammy cryptocurrency gold rush was not participated by any bigCo(to best of my knowledge) but GenAI is full game with all.
There are not that many unicorns these days, so anyone missing out on last unicorn decades are now in immense FOMO and is willing to bet big. Besides, AGI is considered(own opinion) personal skynet(wet dream of all nations’ military) that will do your bidding. Hence everyone wants a piece of that Pie. Also when the bigCo(M$/Google/Meta) are willing to bet on it, makes the topic much more interesting and puts invisible seal of approval from technically savvy corps, as the previous scammy cryptocurrency gold rush was not participated by any bigCo(to best of my knowledge) but GenAI is full game with all.