đLeader's Dispatch: Inside the Great AI-Washing Epidemic â Whoâs Selling Real Tech & Whoâs Selling Smoke?
Leader's Dispatch Volume 3
Top of the Series: đLeader's Dispatch: Has OpenAI Lost Its Strategic Edge? (Windsurf AI â˘ď¸Falloutđ§¨)
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Poll: How Real Is the âAIâ in Most Startups You See?
đ¤ Rock-solid, solving real problems
đ§ Some brains, mostly buzzwords
đ All demo, no depth
đ§ź AI-washed within an inch of its life
𤥠Straight-up clippy cosplay
đž Bubble.com
All of This Has Happened Before and All of This Will Happen Again
Picture this: itâs 1999 and everyoneâs convinced the internet has rendered the laws of gravity moot. A sockâpuppet dog becomes a celebrity, appearing in Macyâs Thanksgiving Day Parade and the Super Bowl, while his company rakes in a mere US$619âŻ000 in revenue even as it burns through US$11.8âŻmillion in advertising and sells kibble at a loss. Investors still cheer because Pets.com isnât just a businessâitâs a symbol of the new economy. Across town, Webvan is writing a US$1âŻbillion order for automated warehouses and buying rivals for US$1.2âŻbillion, even though its sales (US$178.5âŻmillion) are a fraction of its expenses (US$525.4âŻmillion). Analysts breathlessly predict that a company with only US$395âŻ000 in revenue and more than US$50âŻmillion in losses deserves a US$4.8âŻbillion valuation. And in Europe, Boo.com raises US$135âŻmillion, uses it all in 18âŻmonths and launches a 3âDâladen site that takes minutes to load on dialâup. Within a year it enters receivership and is later ranked among the greatest dotâcom busts.
The zeitgeist of the dotâcom boom was unfettered optimism: if you added â.comâ to your name, you were suddenly a technology company; if you spent more on Super Bowl ads than you earned, you were âinvesting in eyeballs.â Then overnight, gravity returned. Share prices cratered, warehouses were shuttered, and sock puppets were retired to dusty basements.
âAll this has been seen before, and all this will be seen again.â Itâs a phrase that feels prophetic when you consider todayâs headlinesâAI startâups sporting nineâfigure valuations with no revenue, vendors slapping âAIâpoweredâ onto basic software, and venture capital flowing like itâs 1999. Of course weâve learned from the past. Surely no one would ever repeat those mistakes. Not with AI, can it?
Of course not. Weâre all far too wise, experienced, and discerning to fall for rebranded vaporware and AI-washed promises... right?
If todayâs tech scene has taught us anything, itâs that hype may win headlinesâbut trust wins teams.
đ Thatâs exactly why I wrote Collaborate Better. In an era of inflated claims and fragile foundations, we need leaders who build trust architectures, not just buzzword pyramids.
đ Preorders are now open at CollaborateBetter.us â secure your copy, support the mission, and join a movement committed to substance over spin. Because when the hype fades, the real builders are still standing.
đŹ DĂŠjĂ Vu.ai
The Analogue.com you opened with sets the stage for a deeper lesson: bubbles are built on optimism, not fundamentals. Pets.com, Webvan, and Boo.com were celebrated, cashâburning mascots of a new economy; their failure didnât stop the internet from changing the worldâit merely killed companies that had no real plan beyond burning money. Fastâforward to the AI boom and the pattern feels eerily familiar.
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