A new AI agent platform is taking the internet by storm!
But a few words from the founder caught our attention -
Words that might shatter everything pessimists thought about the "AI bubble"...
The company is barely a year old,
The founder? - 23 years old.
Meet Instinct, which just raised $250 million at a $2.5 billion valuation.
So what exactly does the company do?
They are building AI that behaves less like an application and more like a person working for us,
Meaning - instead of AI chat applications as we know them today...
They changed it to something that feels at least a bit more human to us.
You write to it or call it - and it connects to your email, messages, calendar, and other services - and then simply does things:
It books flights and restaurants, buys groceries and tickets, cancels subscriptions, follows up on emails, and plans trips.
And the internet - is already going wild, everyone who got access to this product - claims it's a completely life-changing product.
But another point caught our attention - many thousands of developers are still waiting in line to get access to the product, which is currently only available in a closed beta program.
But why on earth isn't this product, which supposedly changes people's lives - being released already?
Note the simple explanation found here in the founder's official tweet:
"It's only available in a closed beta program while we actively scale up computing power..."
Meaning - the reason thousands of developers aren't getting access to it is the persistent problem - lack of computing power.
Now think about what's really happening here:
We are seeing more and more amazing, 'life-changing' and 'groundbreaking' products, but these products remain closed and limited due to a shortage of computing power.
The shortage of computing power still serves as a bottleneck.
Leading companies are still enjoying demand that far exceeds supply - and their real problem is that they currently lack the ability to produce enough to meet demand due to supply chain limitations.
For anyone who doubted - the artificial intelligence revolution, it seems - is truly just beginning!