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It would be a cheaper alternative for at least some use cases. At least some companies that were currently using the big version would switch to the lite version.
Then they would have been viable customers for a smaller challenger…?
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Having evolutionary success does not mean having intelligence.
For sure... but birds in general are surprisingly smart if you really pay attention. Even chickens are smarter than they usually get credit for. Chickens mostly lack the opportunity to learn...chickens raised in a completely open environment develop surprising behaviors and show unexpected insight. Im guessing that pelicans, being predators, are probably much smarter.
Not pelicans. Pelicans are dumb.
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For sure... but birds in general are surprisingly smart if you really pay attention. Even chickens are smarter than they usually get credit for. Chickens mostly lack the opportunity to learn...chickens raised in a completely open environment develop surprising behaviors and show unexpected insight. Im guessing that pelicans, being predators, are probably much smarter.
Bird intelligence is popular culture. Parrots, crows, even seagulls. Not pelicans. Pelicans are dumb.
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Truly curious, why does it "stink" for the loser? Being funded with pay to pursue a failing business venture with a chance at wild financial success seems like a pretty good gig.
From the perspective of people with capital, it doesn't. From the perspective of a loser it sucks because they may or may not have invested significant emotional, financial, and otherwise non-fungible capital into a future that relied on the success of this venture (and also the people they employed), and I can tell you from personal experience being an underling when this kind of venture collapses really sucks. Mayb…
Competition is a given usually anyway.
Maybe even in the same batch having very similar companies makes sense -- see the recent rush of YC funded companies that build on whatever OpenAI released -- because different founders/teams can be introduced to different contacts in the YC network.