Everything Everywhere Daily · Thursday, October 1, 2026
The host expressed uncertainty about the future business models of AI companies, likening the current situation to a structural bubble similar to the dot-com crash. He noted that while AI companies' valuations are not justified by current revenue, many companies did not survive the internet bubble, but those that did became giants.
“Darren, I have no idea what the end business model for AI companies will be. I'm not even sure what the AI industry is going to look like or if there will even be dedicated AI companies.”
“I do think we are in an AI bubble, and honestly, that is almost to be expected.”
“The valuations AI companies are getting are not justified by the revenue they're bringing in or their profits, which at this point are non-existent.”