I’m eavesdropping (well, they’re so loud I can’t ignore them) on two young startup guys at this coffee shop, a version of a conversation I’ve heard a million times. But what’s striking vs 10 or 15 years ago is… almost nothing they’re talking about is the tech. Everything is financial engineering and how to hustle the ecosystem. Nothing about products or even markets and competition, all fussing about banks and crypto and VCs. Explains a lot about my fatigue over the industry in general.
@anildash This is actually why I’m somewhat excited about LLMs honestly. It’s one of the few core underlying shifts I’ve seen in… a decade? Far more work to get to safe translation to domains (but that’s good!)
@allafarce @anildash There is some great trolling to be done by convincing the world that VCs will soon be replaced by AI.
@LeonardoDiOttio @allafarce @anildash (Looks at last ~5 yrs of vcs and the spiraling crashes of ‘successes’). I mean, is it really trolling if the idea has merit?
@InkomTech @allafarce @anildash You’d still be trolling all the breathless VCs who claim that ChatGPT will be able to perform open heart surgery by next month.
@LeonardoDiOttio @allafarce @anildash AI funding decisions can’t be any worse, right?