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>ChatGPT is already good enough to produce something close enough to fool venture capitalists VC funding is centered around making high risk/high payout bets i
by mikewarot 4y ago
>ChatGPT is already good enough to produce something close enough to fool venture capitalists
VC funding is centered around making high risk/high payout bets in quantity. If they took the time it would take a functioning prudent investor to carry out due diligence, the startups would have already used up their runway and died.
VCs trade risk for reward, and make it up on volume. Fooling a VC isn't a high bar in the eyes of this Midwesterner.