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Yes the sheer number of AI slop companies is so uninspiring. Where is the creativity? There are still plenty of great technology companies to be built that are

by dbbk 2y ago

Yes the sheer number of AI slop companies is so uninspiring. Where is the creativity? There are still plenty of great technology companies to be built that are not ChatGPT wrappers.

echelon 2y ago
> AI slop companies There is so much market up for grabs. Most companies will fail, but the ones that succeed can win really big. And the surface area is so much larger than attempting a non-AI company since the advantages are potentially huge. > ChatGPT wrappers. Create value. Doesn't matter how you do. Just create value.
- threeseed 2y ago
  > but the ones that succeed can win really big May. Not can. There is no evidence yet that AI is anything other than a feature.
- xelamonster 2y ago
  I like your first point, hadn't thought of it that way; makes it seem just a bit more reasonable. Regarding "create value" though, that's where I think a lot of the negative sentiment comes in: the vast majority of these new AI companies offer nothing at all of value to anyone. Outside of a very small few even the ones with an attractive premise fail to live up to the experience they advertise.
  - SR2Z 2y ago
    The point is that the small few will become extremely popular. ChatGPT isn't particularly useful. A wrapper around ChatGPT which extracts specific entries from a PDF bill? That's incredibly useful. The only niche so far that seems to have caught on for LLMs is code autocomplete, but that's already recording real revenues.
senko 2y ago
Go build one? (with or without YC support) I do like your comment as the critique of contemporary tech entrepreneurship culture that is very hype oriented, likely at the expense of comparatively few blue ocean ideas that get crowded out. However I do fear that's global and not something specific to YC or the valley. Here across the pond we have the same gold rush, except at minor league level.
- dbbk 2y ago
  I am building one

by dbbk 2y ago

Yes the sheer number of AI slop companies is so uninspiring. Where is the creativity? There are still plenty of great technology companies to be built that are not ChatGPT wrappers.

echelon 2y ago

> AI slop companies There is so much market up for grabs. Most companies will fail, but the ones that succeed can win really big. And the surface area is so much larger than attempting a non-AI company since the advantages are potentially huge. > ChatGPT wrappers. Create value. Doesn't matter how you do. Just create value.

threeseed 2y ago
> but the ones that succeed can win really big May. Not can. There is no evidence yet that AI is anything other than a feature.
xelamonster 2y ago
I like your first point, hadn't thought of it that way; makes it seem just a bit more reasonable. Regarding "create value" though, that's where I think a lot of the negative sentiment comes in: the vast majority of these new AI companies offer nothing at all of value to anyone. Outside of a very small few even the ones with an attractive premise fail to live up to the experience they advertise.
- SR2Z 2y ago
  The point is that the small few will become extremely popular. ChatGPT isn't particularly useful. A wrapper around ChatGPT which extracts specific entries from a PDF bill? That's incredibly useful. The only niche so far that seems to have caught on for LLMs is code autocomplete, but that's already recording real revenues.

senko 2y ago

Go build one? (with or without YC support) I do like your comment as the critique of contemporary tech entrepreneurship culture that is very hype oriented, likely at the expense of comparatively few blue ocean ideas that get crowded out. However I do fear that's global and not something specific to YC or the valley. Here across the pond we have the same gold rush, except at minor league level.

dbbk 2y ago
I am building one