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It seems that YC is funding a lot of these companies despite all that. I've been wondering why, because I agree with you about the current capabilities of AI. I
by crackalamoo 2y ago
It seems that YC is funding a lot of these companies despite all that. I've been wondering why, because I agree with you about the current capabilities of AI. Is it
* they expect AI to drastically improve, making these GPT-based products much more useful? e.g. almost fully automating a sector of white collar labor
* over time, they expect these companies to build more sophisticated non-AI or in-house AI products in the same problem space?
* they are hoping for positive EV due to unforseen events even if they expect most of these companies to fail?
* something else?
- al_borland 2y agoIf these companies release with subpar products that fail to live up to the claims, all based on the hope they the backend that they don’t own will eventually get good enough… that seems like a recipe for failure. By the time it gets good enough, if it gets there, people and companies may have already rejected the whole concept due to too many false promises and burned bridges.
- burnte 2y agoI think they want to spread out the bets and expect a bunch of these to become acquihires fairly quickly.