Part 2/12:
Vikram, a seasoned investor, emphasized that AI is here to stay; however, he raised caution about the focus areas within the industry. He distinguished between building foundational infrastructure—the core models and technologies that underpin AI—and producing outputs or "rappers" (applications and solutions that leverage foundational models).
"Most investments today are on rappers, which can be outcompeted quickly," Vikram noted. For sustainable growth, he stressed the importance of investing in infrastructure and fundamental research. According to him, the initial stage of AI investment resembles the "day one" of a vast journey. If entrepreneurs and investors prioritize core technologies, the so-called AI gold rush could evolve into a long-term, thriving industry.