5 ms·
Not many of them. Google or Microsoft can see what works for these startups and then put it in their own products. If you don't own the model, you don't have a
by icapybara 3y ago
Not many of them. Google or Microsoft can see what works for these startups and then put it in their own products. If you don't own the model, you don't have a safe business.
- chpatrick 3y agoI think it's only a matter of time until open source models catch up.
- jumpCastle 3y agoClosed source models are also improving. Not clear to me why would open source models will catch up.
- chpatrick 3y agoI mean if GPT-4 is good enough at its current level for people to start companies on it then they will be able to do the current level with open source models at some point.
- chaoz_ 3y agoright, or giant corps will treat such startups as marketplace app creators for their LLM API and kinda "outsource" the innovation, while providing the platform and enjoying API income?
- didgeoridoo 3y agoThat’s assuming there is API income to be had. Assuming the “We Have No Moat” memo is accurate, the open source models may soon catch up to GPT4-level performance—and especially if inference compute requirements drop to consumer-level specs, there won’t be any money on the table.
- karmasimida 3y agoWell there isn’t a sure way to guarantee they won’t tap into your business Just look at Apple They eventually will, and it is totally legitimate for them to do so.
- tikkun 3y agoIn theory the same was true about the SaaS wave and the mobile wave. In practice, many startups have built valuable businesses around things that Google could've done, but didn't do successfully. The same will be true in the AI wave. In theory, FAANG-co could do it. In practice, they can't. The exceptions to this will be the things where the winner is determined by a dimension that Google will always win on. In practice, those things are rare.
- itake 3y agoTo add,FANGA it does not go after $100 million ideas
- tikkun 3y agoAnd, FAANG doesn't go after ideas that look like $100 million ideas that end up becoming $100B ideas.
- moneywoes 3y agoFor example? Looking at killed by google I don’t see any obvious examples
- tikkun 3y agoMany of these https://en.wikipedia.org/wiki/List_of_unicorn_startup_companies https://en.wikipedia.org/wiki/List_of_unicorn_startup_compan... could've been in theory done (to the point that there was no room for a multi-$b startup) by Google (Canva, Instacart, Telegram, Miro, Airtable), but weren't.
- hluska 3y agoYour contributions to this discussion have been very thoughtful and quite interesting to read. Upvotes stopped sufficing. Thanks for adding so much!
- lkbm 3y agoHas the fundraising environment shifted such that Google/Microsoft can more easily purchase their competitors? I'd assume raising funds has gotten harder, and that that change will make a selling more appealing.
- deleted 3y ago[deleted]