This is about switching/adoption rates in general industry. For investments, this means following the value proposition - and business results.
Upthread we see:
“Solution in search of a problem”
“If you build it, they will come”
“Benefits with no direct tie to financial value”
and several equivalent statements.
Do these statements make investments profitable? It depends…
It’s case specific, so each company should be evaluated on it’s own merits.
We should just rename this thread to: “I want to make generic investments for the AI space. It’s so new, I am finding lots of conflicting information and cannot make a decision”
Salesforce (CRM) has been a laggard this year, losing more than 20% at times to peers. Is this due to marketing (hype generation), strategy or approach? They have their annual conference in San Francisco where Mark B. is revving up the hype machine to signal greater AI involvement.
Many companies are doing this same thing (lagging behind the Mag 5-8 mega caps), but on the journey to value none-the-less.
The results for each company should be evaluated to see “if they follow”.