5 ms·
It's like VR in 2018. I'd love to see a Silicon Valley season for the current tech environment.
by candiddevmike 2y ago
It's like VR in 2018. I'd love to see a Silicon Valley season for the current tech environment.
- jrockway 2y agoI think 2018 was the year of FinTech, which translates mostly to "altcoins". I was looking for a job in the summer of 2018 and that's what all the ads were for. Ended up working for an ISP though, which was nice.
- pram 2y agoHaven’t seen any “Web 3” shills for a long time, gone right out of style it has!
- jrockway 2y agoEveryone spent the cash they were going to invest into startups on NFTs, I guess.
- reducesuffering 2y agoDidn't stop YC from funding almost 100 of them[0] including signal boosting[1] this obvious scam that blatantly ripped off another's website and company too.[2] [0] https://www.ycombinator.com/companies?tags=Crypto%20%2F%20Web3 https://www.ycombinator.com/companies?tags=Crypto%20%2F%20We... [1] https://x.com/ycombinator/status/1517556338750074881?lang=en https://x.com/ycombinator/status/1517556338750074881?lang=en [2] https://news.ycombinator.com/item?id=31686140 https://news.ycombinator.com/item?id=31686140
- throw46365 2y agoScroll back far enough on the X timelines of a few AI evangelists/specialists/advisers: oop, there they are. NFTs, Ethereum, altcoins.
- rshah_45 2y agoSeason 9 Erlich: "Oh my god. It's an AI play. That's the frothiest space in the Valley right now. Nobody understands it but everyone wants in. Any idiot could walk into a fucking room, utter the letters A and I, and VCs would hurl bricks of cash at them.”.
- triyambakam 2y agoThat was well done
- rshah_45 2y agoIt's literally a quote from season 4 with VR replaced with AI.
- temp20240604 2y ago[flagged]
- ethbr1 2y agoSeason 9 Erlich = an actual GenAI Erlich Botman.
- sneak 2y agoVR won’t touch every aspect of society and government and corporate operations in five years. AI will.
- ethbr1 2y agoThat's like saying computing will. Yes, but...
- AlexandrB 2y agoI remember people saying the same about blockchain and, a little later, "the metaverse". A prominent, large tech company even changed its name to show its commitment to this promising technology!
- thisgoesnowhere 2y agoI mean there is absolutely no reason to think that AI (broadly) and blockchain are going to follow similar trajectories. I agree that every company becoming an "AI company" is not in the cards. However, I think there is going to be a slow ramp where every startup just throws a few annoying problems at a LLM instead of hiring ML people. And kinda like the internet it's just a tool that you use when appropriate, but the things where it's appropriate will continue to expand.
- mypalmike 2y agoSure, but it was fairly obvious to the critical eye that neither blockchain nor VR/metaverse were likely to have much impact beyond a few niches. Neither solves problems many people actually have. And a lot of the tech world rightly scoffed at the whole Facebook/Meta "transformation". But machine learning has been used for years behind the scenes in things like recommendations and clarification. And LLMs specifically, even in their current infancy, have shown immediate value in some cases (e.g. coding assistants) and obvious potential across a vast number of domains.
- fnalelal 2y ago"Apple Computer CEO Steve Jobs, who got a sneak preview, said Kamen's creation was as big a deal as the PC, and that it would change the ways cities were designed. Renowned Silicon Valley venture capitalist John Doerr said it might be "bigger than the Internet" and invested millions in it."
- threeseed 2y agoThe current tech environment is very different from 6 months ago. Now most VCs are actually somewhat cautious about AI largely because they over-invested in companies at ridiculous high valuations and aren't seeing the ROI. Especially with many companies simply not seeing the promised benefits from deploying AI. YC is actually the one that is out of touch with reality.