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#metaverse

4 posts2 participants0 posts today

I think I see an AI #bubble forming in my inbox

I'm getting daily daily pitches from AI startups I’ve never heard of, from PR peeps and agencies I’ve never worked with before.

I’ve even spotted a PR company that used to specialize in blockchain rebrand itself to de-emphasize all things crypto.

I’ve seen this before with the #metaverse, #blockchain, #virtualreality and several other waves of tech hype.

It seems to me that when a market heats up, many funded companies spend some of their money on hashtag#PR. Almost none of those companies survive. PR companies score some dumb money and grow, then shrink again.


Their PR isn't pretty because the startups don’t have a lot to say and their pitches tend to follow a formula of mentioning the VC that funded them, the fact their founder worked at Big Tech companies, and their intent to revolutionize/democratize something.

If I'm right, I'm in for about 2 years of this junk

"Napster to become a music-marketing metaverse firm after $207M acquisition."

Im not sure what is more surprising, that Napster still existed or that companies are still throwing around several hundred million dollars on metaverse stuff.

arstechnica.com/gadgets/2025/0

Ars Technica · Napster to become a music-marketing metaverse firm after $207M acquisitionBy Scharon Harding