The concentration of investor investment is tracking the spread of AI. The diffusion rate of the tech serves to prick excessive buildup of investor interest in companies that are driving horizontal AI that has economy-wide application. As of now, capital is piling up with the pioneers. But it should move as adapters, enablers and disruptors emerge. Generative AI's productivity-enhancement capabilities will become clearer as smaller companies adapt LLMs for industry-specific use cases.
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