Combination of 1) short-term business thinking (save $1 today = $1 more of EPS) and 2) fear of competition building AI products and taking share. thus rush to use first usable platform (e.g. openAI).
Psychology and FOMO plays interesting role in walking directly into a snake pit.
100%.I was even gonna add to my comment that these psychological biases seem to particularly affect business people, but omitted to stay on point. I don’t think like that, but I also can’t say what works better on average, so I’ll try to stay humble.
Also, with AI there’s not really a “roll your own” option as with Cloud – the barrier of entry is gigantic, which obviously the VCs love, because as we all know they don’t like having to compete on price & quality on an open market.
Psychology and FOMO plays interesting role in walking directly into a snake pit.