2 ms·
This is the year 1999 again. You have companies that are valued tens of billions with no product AND no revenue. There is also a race to zero where the best AI
by rvz 2y ago
This is the year 1999 again. You have companies that are valued tens of billions with no product AND no revenue.
There is also a race to zero where the best AI models are getting cheaper and big tech is there attempting to kill your startup (again) by lowering prices until it is free for as long as they want it.
More YC startups accepted are so-called AI startups are just vehicles for OpenAI to copy the best one and for the rest of the 90% of them to die.
This is an obvious bubble waiting to burst. With Big Tech coming out stronger, AI frontier companies becoming a new elite group "Big AI" and the so-called other startups getting wiped out.