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Are people so used to monopolies in the modern market that the idea of launching a business where there exists a possibility of competition is seen as a sign of
by jameshart 3y ago
Are people so used to monopolies in the modern market that the idea of launching a business where there exists a possibility of competition is seen as a sign of a scam?
- zarzavat 3y agoA lot of these new AI startups just give a plain text prompt to the GPT API with a smattering of web glue. This creates a product that looks impressive and might get funded, but has close to zero value add. There’s a difference between having competition and having a business that can be trivially cloned. The challenge for a lot of AI startups is to show that they are adding something and are not just a dumb wrapper.