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This isn’t just a poorly made joke it’s also not even making fun of the right thing. The vast majority of investment is inside of public firms into themselves

This isn’t just a poorly made joke it’s also not even making fun of the right thing. The vast majority of investment is inside of public firms into themselves for ai. VCs have actually broadly been sidelines as they both lack the capital to make major moves nor see small enough direct application to invest. There are plenty of jokes to be made about AI, this is a dumb one.

JumpCrisscross 2y ago
> vast majority of investment is inside of public firms into themselves for ai FAANG spent $114bn on R&D in 2022 [1]. VC funded nearly 4x that amount [2]. There are valid complaints about the state of venture capital. Lack of money isn't one of them. [1] https://www.calcbench.com/blog/post/676274365248274432/charting-big-rd-spenders https://www.calcbench.com/blog/post/676274365248274432/chart... [2] https://www.wipo.int/global_innovation_index/en/gii-insights-blog/2023/venture-capital-2023.html https://www.wipo.int/global_innovation_index/en/gii-insights...
debo_ 2y ago
As a sampling exercise, go here: https://a16z.com/portfolio/ https://a16z.com/portfolio/ Select AI as focus area, choose your stage of choice, "Active." Then look here: https://www.ycombinator.com/companies?batch=S24&batch=W24&tags=AI https://www.ycombinator.com/companies?batch=S24&batch=W24&ta... Combine that with JumpCrisscross's comment, and your take seems passing strange.