The vibes around the current AI boom aren't great, even in the tech industry.
In Brief
Posted:
1:17 PM PDT · May 16, 2026
Image Credits:z_wei / Getty Images
The vibes around the current AI boom aren’t great, even in the tech industry, according to a lengthy social media post from Menlo Ventures partner Deedy Das.
AI made a tiny slice of Silicon Valley filthy rich and left the rest wondering why they bother
Indian-American exec Deedy Das paints bleak picture of Silicon Valley's AI boom: ‘Rich aren’t happy either’
There's no joy in Silicon Valley these days, Menlo Ventures partner says: 'The rich aren't particularly happy either'
Wall Street Is Pricing AI's Upside. Nobody Is Pricing This.
According to Menlo Ventures partner Deedy Das, about 10,000 people in Silicon Valley have amassed fortunes of over $20 million…
Indian-origin venture capitalist Deedy Das has painted a bleak picture of life inside San Francisco’s AI boom, referring to the…
Some are worried that the rapid rise in the value of AI tech companies may be a bubble waiting to burst.
Tech leaders called AI a democratizing force. But it’s concentrating power and wealth in a handful of American companies.
More money, more problems, as they say. Menlo Ventures partner Deedy Das paints a bleak picture of the mood in Silicon Valley…
The euphoria is drawing comparisons to the dotcom bubble of the late 1990s and the 2008 financial crisis.
