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I hope the founders take their share home and have fun burning the rest. At least hopefully some open software/AI models will have come out of it when the company collapses under its own weight.
Hugging Face is early in the Silicon Valley enshittification cycle - currently burning VC money being incredibly good to it's users. Next would be shifting that value to its business customers. Then clawing back and squeezing as much value as possible from those. Then collapse. Although, is it technically a platform / marketplace? Anyway for now, enjoy the free beer from the VCs.
Yeah, enjoy the free beer and have a plan to take a case with you when the bar is closing.
2) How in the world are they going to pay it back?
They better have a damn good idea because this seems like a good recipe for popping like a balloon.
Hugging Face is early in the Silicon Valley enshittification cycle - currently burning VC money being incredibly good to it's users. Next would be shifting that value to its business customers. Then clawing back and squeezing as much value as possible from those. Then collapse. Although, is it technically a platform / marketplace? Anyway for now, enjoy the free beer from the VCs.
Genuine question … What business are you in when selling AI/ML? I’m far from being knowledgeable in this space, but it seems like AI/ML “is a feature, not a product”. And if that’s the case, what business are you in when a company sells AI/ML? Are you in the business of licensing the model you created? Charging for the output? Hosting infrastructure? What exactly are you in the business to sell? To use an analogy, if…
The further you keep the user away from training and hosting, the less you’re in those businesses. But I would think it’s only economical to do that if you have some type of advantage in implementing the things you’re abstracting away.
Really, throughout the entire funding process no one raised the similarity of "Hugging Face" to "Face-huggers", the larval name for the Xenomorphs from Alien ?
Really, throughout the entire funding process no one raised the similarity of "Hugging Face" to "Face-huggers", the larval name for the Xenomorphs from Alien ?
I love Huggingface. I worry they will be the next Docker. What is the moat? "We will run your inference" can't be the answer.