4 ms·

As with all Hype Cycles; stick the buzzword into your company name (see "dot com" for examples) work it into every sentence of every conversation that you have

As with all Hype Cycles; stick the buzzword into your company name (see "dot com" for examples) work it into every sentence of every conversation that you have and benefit from the torrential flow of investment chasing said buzzword. Ignore all else and get the company name infront of the cheque books as quickly as humanly possible. Product-market fit, MVP, bootstrapping and stealth are naughty words that have no place in Hype Cycles. No further strategy required, however, for the advanced entrepreneur - be aware that all cycles have a bust phase - and this time it is not different. (unless you wrote blog posts and "content" - in which case copy the article you wrote about Product Strategy in the Age of NFTs a couple of years ago and swap the crypto for ai - you will get lots of clicks and nobody will notice)

klysm 3y ago
Picking a time when interest rates are zero doesn’t hurt either
- blitzar 3y ago
  Blaming interest rates is for losers with blocks, chains, tokens and metas in their name. Interest rates were high in the "dot com" era and that didnt stop them. If you raise 100mil now you can make your payroll and your AWS bill from the interest alone.
keiferski 3y ago
Yes I find myself wishing that "AI" wasn't the term chosen for generative text and image tools, as this term has been pushed by culture/movies/games for the last half-century to mean something specific, not just (still very impressive) tools to generate images and text. Of course, this could have never happened, as the temptation of "AI" for marketing products is irresistible and the confusion between "real AI" and "new generative LLM tools" is actually beneficial for companies. I don't know what will happen to the term "AI" after this hype cycle dies down.
- suoduandao2 3y ago
  Serious question, do you think the current generation of llm cannot pass the Turing test? If you think it can, did you not put much stock on the Turing test before they passed it?
  - keiferski 3y ago
    Yes I think they can pass the Turing test, yes I think this was a poor test to begin with if we are attempting to clarify what machine intelligence is and how it compares to human intelligence.
    - suoduandao2 3y ago
      I genuinely do not understand how this attitude is so common on a site with so many experts. Surely two things being indistinguishable is a step change if we’re trying to compare them?
      - keiferski 3y ago
        The Turing Test is a test of mimicry, not of identity. It's based on a metaphysics that says appearance = reality, which has all sorts of issues. There are plenty of ways we can distinguish humans from machines and I expect this other "background information" (primarily biological in nature) will play an increasingly important role. Especially embedded cognition and the gradual realization that intelligence is embedded in its environment, not some kind of abstract, external entity. I wrote this comment a few weeks ago, maybe relevant here: https://news.ycombinator.com/item?id=37221294 https://news.ycombinator.com/item?id=37221294
- komali2 3y ago
  "crypto means cryptography" is bouncing around in my head. I guess we'll enjoy adding "AI means artificial intelligence, not generative text" to that statement for the rest of our lives.
- famouswaffles 3y ago
romanovcode 3y ago
Just out of curiosity I googled the title with AI replaced by Blockchain and viola - hundreds of similar type articles that have no meaning nowadays. I know it's a stupid comparison but still funny to me.
naillo 3y ago
This is all making me realize investors are just people with money (not these super intelligent market predictors that they're often portrayed). You'd do the same to market a product as you would to skim off the flood of money going into a hyped field I suppose.
- eru 3y ago
  Yes, investors are just people. Some of them smart, some of them less so.
- quickthrower2 3y ago
  Other People’s Money TM!
- re-thc 3y ago
  > not these super intelligent market predictors that they're often portrayed If that was true there wouldn't be that many funded failed startups. In fact there might not even be startups at all. The investors can take the funds and just find someone to do their binding instead of randomly "investing".
quickthrower2 3y ago
Content will be flooded with chatgpt waffling on too

klysm 3y ago

Picking a time when interest rates are zero doesn’t hurt either

blitzar 3y ago
Blaming interest rates is for losers with blocks, chains, tokens and metas in their name. Interest rates were high in the "dot com" era and that didnt stop them. If you raise 100mil now you can make your payroll and your AWS bill from the interest alone.

keiferski 3y ago

Yes I find myself wishing that "AI" wasn't the term chosen for generative text and image tools, as this term has been pushed by culture/movies/games for the last half-century to mean something specific, not just (still very impressive) tools to generate images and text. Of course, this could have never happened, as the temptation of "AI" for marketing products is irresistible and the confusion between "real AI" and "new generative LLM tools" is actually beneficial for companies. I don't know what will happen to the term "AI" after this hype cycle dies down.

suoduandao2 3y ago
Serious question, do you think the current generation of llm cannot pass the Turing test? If you think it can, did you not put much stock on the Turing test before they passed it?
- keiferski 3y ago
  Yes I think they can pass the Turing test, yes I think this was a poor test to begin with if we are attempting to clarify what machine intelligence is and how it compares to human intelligence.
  - suoduandao2 3y ago
    I genuinely do not understand how this attitude is so common on a site with so many experts. Surely two things being indistinguishable is a step change if we’re trying to compare them?
    - keiferski 3y ago
      The Turing Test is a test of mimicry, not of identity. It's based on a metaphysics that says appearance = reality, which has all sorts of issues. There are plenty of ways we can distinguish humans from machines and I expect this other "background information" (primarily biological in nature) will play an increasingly important role. Especially embedded cognition and the gradual realization that intelligence is embedded in its environment, not some kind of abstract, external entity. I wrote this comment a few weeks ago, maybe relevant here: https://news.ycombinator.com/item?id=37221294 https://news.ycombinator.com/item?id=37221294
komali2 3y ago
"crypto means cryptography" is bouncing around in my head. I guess we'll enjoy adding "AI means artificial intelligence, not generative text" to that statement for the rest of our lives.
famouswaffles 3y ago

romanovcode 3y ago

Just out of curiosity I googled the title with AI replaced by Blockchain and viola - hundreds of similar type articles that have no meaning nowadays. I know it's a stupid comparison but still funny to me.

naillo 3y ago

This is all making me realize investors are just people with money (not these super intelligent market predictors that they're often portrayed). You'd do the same to market a product as you would to skim off the flood of money going into a hyped field I suppose.

eru 3y ago
Yes, investors are just people. Some of them smart, some of them less so.
quickthrower2 3y ago
Other People’s Money TM!
re-thc 3y ago
> not these super intelligent market predictors that they're often portrayed If that was true there wouldn't be that many funded failed startups. In fact there might not even be startups at all. The investors can take the funds and just find someone to do their binding instead of randomly "investing".

quickthrower2 3y ago

Content will be flooded with chatgpt waffling on too