Why Software AI Companies are Struggling to Make Profits

💡Software AI companies are struggling to generate profits due to the lack of a clear monetization strategy.

🚀Legacy companies are eager to become AI companies overnight, leading to unrealistic expectations.

👥Healthcare companies may be the ones to benefit the most from AI, raising the question of who will actually make money from AI.

📉Oracle's recent earnings call suggests that generative AI revenue may not be as expected.

⏳Patience is needed as software AI companies face challenges in finding a profitable business model.

Why are software AI companies struggling to make profits?

—Software AI companies are struggling to make profits due to the lack of a clear monetization strategy and overhyped expectations.

What is the problem with legacy companies getting into AI?

—Legacy companies are trying to become AI companies overnight without fully understanding the technology, leading to unrealistic expectations.

Which industry may benefit the most from AI?

—Healthcare companies may be the ones to benefit the most from AI, raising the question of who will actually make money from AI.

What does Oracle's recent earnings call indicate?

—Oracle's recent earnings call suggests that generative AI revenue may not be as expected, raising questions about the timing of revenue generation.

What should the expectation be for software AI companies?

—Patience and realistic expectations are necessary when it comes to software AI companies, as they face challenges in finding a profitable business model.

00:00Software AI companies are struggling to generate profits due to the lack of a clear monetization strategy.

01:40Legacy companies are eager to become AI companies overnight, leading to unrealistic expectations.

03:40Healthcare companies may be the ones to benefit the most from AI, raising the question of who will actually make money from AI.

04:50Oracle's recent earnings call suggests that generative AI revenue may not be as expected.

06:30Patience is needed as software AI companies face challenges in finding a profitable business model.