Why AI is not a bubble, it's a trend

View profile for Brad van Leeuwen

Co-Founder and COO @ Cledara

Everyone that says that AI is a bubble is lying to you. Or they just haven't taken the time to look at the data. I have, and I can tell you're they're wrong. AI is changing the software companies are buying and it's changing the way companies are operating. The trends is only going in one direction. If you're a SaaS vendor and you're *not* AI. You're competing for dollars with things your customers care more about right now. If you're a company is not aggressively adopting AI, this data shows that all your competitors probably are and you need to change something *quickly* So is AI a bubble? I think Daniel Ives said it best: It may be 9pm, but the party's going until at least 4 in the morning. #AI #SaaS

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There is no question that we have entered an incredible era of AI advancement. We are seeing just the early shoots right now. I fully expect to have an AI assistant within a year or two that will undertake a significant burden of my day with minimal interaction from me. This said, I think the use of the word bubble largely comes from people recalling the dot com bubble. We knew at that time the race was on but we did not forecast false starts. Right now, we should expect some adjustments as we move forward. Some valuations are simply unrealistic, espcially when factored against the ease with which AI platforms can be put together. The strong valuations should be reserved for those who are proving that they can land grab and hold on to it.

Robert Flickinger

Co-founder @Scale Tech Solutions - Digital Transformation, Cloud, Database, SaaS, ML, AI, DevOps Solutions for Enterprise, Sports-Tech, Media, Ad-Tech, Mar-Tech, Gaming, Telco, HealthTech

1mo

Brad van Leeuwen Thanks for sharing. Yes and you have data to support. Adoption is increasing exponentially and it's still relatively early. It's an exciting time where we're helping companies to adapt and accelerate AI automations.

Luke Scott

Growth Marketing Manager at Cledara

1mo

This is awesome data. But are there any non-ai believers left?

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Matt Harney

Founder of Cloud Ratings

1mo

Great data.

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