AI tools and LLMs have been overfunded. A few are able to stand out, but many aren't able to catch up with the likes of OpenAI. Image, video, music, speech are

AI tools and LLMs have been overfunded. A few are able to stand out, but many aren't able to catch up with the likes of OpenAI. Image, video, music, speech aren't fully solved yet, and new models are still competing with giants like Imagen and Midjourney. The startups that build on AI can still be heavily funded. Most likely you aren't going to see many AI startups like character.ai. They'll be things made possible with AI. Uber wasn't an app company nor a cloud company, it's a company made possible by the two. Reddit and FB/Meta didn't need mobile apps, but it certainly increased engagement.