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“What really distinguishes generative AI from other hyped technologies of recent years, like cryptocurrency or the metaverse, is its tangible, practical nature. the set of technologies needed to build a generative AI application. There are four layers to the stack:What kinds of companies will make the most money from generative AI? And the flows into AI companies are growing many multiples faster than the venture capital market overall. There was a drop off last year in dollars invested into the AI space, but that reflects a dip in the venture market more generally.