31–40 of 128 posts
Like a lot. Didn't YC even fund that startup that wanted to turn middle class suburban homeowners into slumlords by building rental poverty shacks in their back yards?
I don’t know what startup you are mocking, but this is a very bad faith way to characterize building ADUs cheaply. You don’t know the first thing about housing, besides making drama about it.
The weird thing with AI startups is the funding is kind of smoke and mirrors. So much of the funding is tied up in NVDA, MSFT, GOOGL, or AMZN incentives that the actual cash value is... murky. May be hard to pay salaries with GPU credits.
https://justdario.com/2024/05/no-nvidia-is-only-one-piece-of...
It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…
Earlier quoted context omitted.
Interesting, I didn’t realize that the “Bro” app from Silicon Valley was based off of a real app.
I think that might have been Yo, which I actually enjoyed https://en.wikipedia.org/wiki/Yo_(app) super dystopian channels got setup on there like get a yo everytime a missle alert came in Israel
Ya think? I mean, whatever could parent be referring to? :-)
https://news.ycombinator.com/item?id=41037336 (or let your eyes go drift four lines above your own comment).
The weird thing with AI startups is the funding is kind of smoke and mirrors. So much of the funding is tied up in NVDA, MSFT, GOOGL, or AMZN incentives that the actual cash value is... murky. May be hard to pay salaries with GPU credits.
And how many of these companies' customers are just other VC funded startups burning money and buying services adjacent to their own? Like a bigger circle.
It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…
I dunno, for all the perceived (and real) failures, the last few generations of these experiments have spawned some of the highest earning, and arguably transformative, companies in history.
The weird thing with AI startups is the funding is kind of smoke and mirrors. So much of the funding is tied up in NVDA, MSFT, GOOGL, or AMZN incentives that the actual cash value is... murky. May be hard to pay salaries with GPU credits.
But overall this is good. Why should we complain? Why would I rather have VCs hoarding their capital?
i have no problem with investment, but investing in an obviously stupid startup just cause they were launched by a friend's kids doesn't seem like a way to allocate capital that Adam Smith would appreciate.
It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…
> startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness But we retain the solutions that work. A slime mold tries a bunch of useless paths in a maze before it finds the right one. Then it trims and reinforces. Most start-ups failing isn't a sure sign of wasted work.
It's not just AI startups. It's almost all of them. The startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness. Self-driving cars, VR, EVs, AI, and so on. People soon realize that you can't just take a bunch of hipster tech employees and suddenly create non-solutions that need to have problems created for them to even be solutions, much less choosing extreme…
> startup world is just a massive pump and dump scheme, and so it moves from field to field finding the next hotness But we retain the solutions that work. A slime mold tries a bunch of useless paths in a maze before it finds the right one. Then it trims and reinforces. Most start-ups failing isn't a sure sign of wasted work.
You can save months of research by spending years of work and hundreds of thousands of people-hours building something that doesn't work.