Are clichés from the Gold Rush relevant for the AI time?
Generative AI is now the big thing within tech and startup companies, especially in Silicon Valley, which is making comparisons to the gold rush of 1849. We have already seen many clichés about this, but let’s dig deeper, especially because we cannot avoid these metaphors. The reality is much more complex. Few diggers got rich during the California gold rush History tells how only a few diggers got rich during the California gold rush, but there were several successful companies that started their business by selling items and services to people who were looking for gold. Wells Fargo, Levi Strauss, and Ghirardelli are often mentioned as classical examples.