Oh maybe smarter than a dog huh Lecun?
GPT-4 Outperforms Humans in Pitch Deck Effectiveness
61–70 of 90 posts
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#62How about we try the other end too - have GPT-4 choose what to invest in, see how it compares with VCs.
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#63Earlier quoted context omitted.
The humans are probably constrained by things like “reality” and “what their business has done in it” while GPT-4 could make up anything it wanted. You clearly know different founders than I do.
Wait, lying is an option? Gross.
you don't need to lie. come up with 50 pitch decks, submit all of them, which ever gets the most feedback probably also has more market fit so go with that.
I'm not 100 percent on what I want to build, I just know it'll involve ai models, automation, and autonomous agents. The way money is flowing to this space. I think a rough idea and a good team is all you need for funding.
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#64The key question here isn’t so much whether GPT-4 beats the actual human decks as much as what it had to fabricate to do so. The humans are probably constrained by things like “reality” and “what their business has done in it” while GPT-4 could make up anything it wanted. A fair comparison would be to humans given the same prompt and told to invent whatever facts they wanted.
I'd conjecture that the training corpus also tends to be at either end of the spectrum (good and bad, little in the middle). People don't tend to share pitch decks unless:
* They're bragging, showing why it was so good.
* They're reflecting, analyzing why it was so bad.
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#65Earlier quoted context omitted.
what if lying is the real superpower of ceos and all those marketing blogspams were also lies
right, CEO as a service it is then.
You're in luck! We're offering a brand new moral-spinedectomy operation, guaranteed to turn mushy humanity into glorious ~~psychopathy~~ - I mean leadership!
Got a CEO who just can't do the right thing (for the shareholders)? We offer up to 20-way split billing so the whole board of directors can chip in for the surgery!
Four-hour recovery before your CEO is ready to do ANYTHING to meet quarterly expectations, no matter how cruel and capricious! Or your money back!
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#66“ Via a survey of 250 investors and 250 business owners…”
Who cares what humans think. What did GPT-4 think about the pitches?
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#67> 1 in 5 investors and business owners pitched by GPT-4 would invest $10,000 or more. This is a completely useless metric and also a common pitfall. It's been shown many times that what people say they would invest/pay for something is completely unrelated to what they actually do when push comes to shove.
Not to mention, founder and team are basically the main criteria, at least early on. So people claiming to be making invest decisions without that are full of crap anyway.
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#68In my experience having pitched to VC's it's not that there is a perfect deck but many really bad ones. I.e. there is diminishing returns on a "perfect" pitch deck. You just want to be in the category of not sucking and the decks level of perfection is no longer important. Today I would even go as long as to say the pitch deck is much less important than a demo. You can in theory pitch in an email, the rest is just t…
If that's true.. I can make demos all day. Sometimes multiple. Or for something complex a few weeks.
Is there a service for people like me who are much better at that than other things?
I guess that's Product Hunt or something. But it seems even with that it's fairly marketing and networking focused.
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#69Earlier quoted context omitted.
Wait, lying is an option? Gross.
you don't need to lie. come up with 50 pitch decks, submit all of them, which ever gets the most feedback probably also has more market fit so go with that. I'm not 100 percent on what I want to build, I just know it'll involve ai models, automation, and autonomous agents. The way money is flowing to this space. I think a rough idea and a good team is all you need for funding.
"you don't need to lie. come up with 50 pitch decks, submit all of them, which ever gets the most feedback probably also has more market fit so go with that."
All you're getting is feedback on what VCs like the most...
Don't 90% (or a high percentage) of their investments to go bust?
Re: GPT-4 Outperforms Humans in Pitch Deck Effectiveness
#70The key question here isn’t so much whether GPT-4 beats the actual human decks as much as what it had to fabricate to do so. The humans are probably constrained by things like “reality” and “what their business has done in it” while GPT-4 could make up anything it wanted. A fair comparison would be to humans given the same prompt and told to invent whatever facts they wanted.
The humans are probably constrained by things like “reality” and “what their business has done in it” while GPT-4 could make up anything it wanted. You clearly know different founders than I do.
I found that, by far, the most interesting thing ChatGPT has given us up to this point (and there are a lot of interesting things) are new perspectives on things that we humans do and believe, on a entirely plain, non-philosophical level.
"Well, actually" moments, everywhere, all the time.