AI is scaling 3x faster than the internet wave and it’s NOT slowing down

One thing that stands out about the current AI boom is that it hasn't had a slow phase.
A lot of previous technology waves had a big moment, cooled off for a while and then found their next use case.

Recent estimates suggest GenAI companies are generating around $110B in annual revenue and the growth rate is reportedly around 3x faster than previous IT waves like the internet and mobile.

What's interesting is that the pace has held through every phase since 2022; first it was chatbots, then coding copilots and now it's AI agents and if you’ve followed this space closely enough, you can see instead of one trend replacing another, each wave seems to be creating demand for the next one.

I think that's also changing how people build and consume.
A year or two ago, most of the conversation was about finding the best model, but now devs are paying attention to everything around the model too such as: retrieval, evaluations, data pipelines, deployment, and infrastructure.
If AI is becoming part of more products, the supporting stack starts to matter just as much as the model itself.

You can see it in the open-source ecosystem. Models keep improving, but so do the tools around them