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You’re kidding, right? In no way did Humane generate $115 million; they lost over $100 million. The list of ways not to do that is infinite. Start with: an AI
by sonofhans 2y ago
You’re kidding, right? In no way did Humane generate $115 million; they lost over $100 million. The list of ways not to do that is infinite.
Start with: an AI which emits a binary yes/no to, “Should I invest some of this $230 million such that it becomes $115 million 5 years from now.”
- signatoremo 2y agoI mistakenly thought they generated a totally of $116 million in revenue. I meant to ask "If you were to get $230 million, how would you plan to generate as much money as Humane was able to generate during the length of its existence". Do you have an answer? > an AI which emits a binary yes/no to, “Should I invest some of this $230 million such that it becomes $115 million 5 years from now.” If you were pitching that to me, I'd ask: what is the AI's confidence in its answer, and how can you verify that?
- vel0city 2y ago> how would you plan to generate as much money as Humane was able to generate during the length of its existence". Do you have an answer? Humane generated negative $114M. They turned $230M into $116M. My prospectus is to buy a $1M house, throw $1M parties every day for a month, and burn the house down at the end and sell the charred remains for $1. I'll take a million dollar salary for these services. Then I'll shut it all down and return the leftovers to the investors. So total expenses for this endeavor: $1M + 31 * $1M + $1M in salaries so $33M. That's $81M better than Humane did, and I'll do it in less time!