Just what the title says, I really think the AI bubble is going to send the market in full circle. Yes it has been a long held belief that selling the tools and hope is where the real money is, and surely that will still be the case. However, anytime there is a boom, there will be consolidation and the top dawgs will dominate. Full cycle, now the whole trying to vibe code an app is fine, and someone's going to get rich, but now it is going back to those actually willing to do the leg work are going to be the minority and thus have much much less competition.
Unpopular Opinion: 'Selling Shovels' will be a philosophy of the past. Fortune now favors those who act.
byu/walston10 inEntrepreneur
Posted by walston10
2 Comments
Agree and disagree. There will always be money to be made by selling shovels. Less money, maybe, but safer money (and it’s not as if people who invested in NVIDIA in 2021 are complaining about inadequate returns rn).
There is something to be said about looking beyond the normal “shovels”. The company mining copper for wires is a shovel, and they need support and infrastructure networks too. The company’s who maintain machinery or fabricate parts are shovels too, and they have their own shovels and so on and so forth.
And the thing about shovels sellers is that they don’t care who is the top dog, people need their shovels regardless.