Research Notes: The Exponential Growth of AI
The Starting Question
Every tech newsletter suddenly claimed “this time is different” with AI. But AI has gone through hype cycles before (the “AI winters” of the 1970s and 1990s), so what made 2022-2023 different? Was it just ChatGPT buzz, or were the underlying numbers actually unusual?
That question sent me looking for investment data to separate genui…
