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VCs are betting they'll get out with at least some gains before this bubble bursts. They have literally nothing new, not even in theory. They'll build a smaller
by Runsthroughit 1y ago
VCs are betting they'll get out with at least some gains before this bubble bursts. They have literally nothing new, not even in theory. They'll build a smaller-but-not-that-small-still-better-than-you-expect model which will be kind of open for others, which means they'll cut some deal and pretend they did something and that they received something in return.
- JumpCrisscross 1y ago> They have literally nothing new, not even in theory They haven’t built anything yet. It’s a bit premature to call out the non-existing product as insufficiently novel.
- StanislavPetrov 1y ago>It’s a bit premature to call out the non-existing product as insufficiently novel. I think the point is that the pie-in-the-sky promises are insufficiently novel.
- JumpCrisscross 1y ago> point is that the pie-in-the-sky promises are insufficiently novel You have no data to judge novelty on. If you think AI rocket science, they’re flubs. If you don’t, they have a shot. Either way, I can’t see novelty being unsatisfied.