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How the AI bubble ate Y Combinator

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Re: How the AI bubble ate Y Combinator

#81

HN's AI hate-boner has always been a bit off-putting to me. This is a technology forum, and it's pretty much the biggest advance in recent technology that has potential implications for all of our lives. I definitely also get AI-fatigue, but it's no mystery why there's a preponderance of content about LLMs, diffusion models, self-driving cars, etc. YC's goals are to manage risk and to make money, and new tech like th…

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Re: How the AI bubble ate Y Combinator

#82
YC remains a great source of creative inspiration for me. However, I tend to skip most AI-related content on HN, as the topic does more harm than good to me in my daily life. Some people around me delegate more and more decisions to the chat, and that frightens. Especially if you are somehow dependent on them or your work gets evaluated by some creepy AI-driven bossware. We should admit that AI, particularly LLMs, is not just eating: it is destroying society, human communications, the education system, and the scientific community. This enumeration is merely the sides that I personally faced.

Re: How the AI bubble ate Y Combinator

#83

Is it just me or anyone else fed up with the startup community. I cannot find anyone who actually cares about values and have backbone. The stories I grew up with of Wozniak, Jobs, Larry and the hacker community does not resemble them anymore. Everyone I know who raised money is a moron or narcissist. YC has became like a resume builder. And the genuine hackers I know of are wasting life away working on pointless pro…

The self-described "startup community" hasn't produced much of any value to me in a really long time. Dropbox-like things are somewhat useful, but that started in 2007 or so and the one I actually use in maybe 2011 or so.

I just took a look at yclist.com, which ends in 2019. Noticed only a few that I've ever heard of and none that I use. Possibly there are some since then but I sort of doubt it.

There are a couple of things that started later than say, 2015 that I actually use but none that come immediately to mind came out of the "startup community."

There are some others, like Stripe, from which I probably benefit somewhat indirectly, but even that dates back to 2010.

So yeah, for me, the SV "startup community" has been a wasteland for a long time. There are probably a few things that I'm not thinking of at the moment, but the fact that they don't come to mind suggests that they just aren't very important.

Re: How the AI bubble ate Y Combinator

#84
post #75
post #56

Earlier quoted context omitted.

The smart kids might be happy to work on model interpretability research at Anthropic. But 90% of AI companies are ChatGPT wrappers which don't sound particularly fun.

The vast majority of engineers out there don't have the skills to work in core AI development, so the only option for "working in AI" is building one of these API wrappers.

The vast majority of engineers don't have access to the machine resources either.

Re: How the AI bubble ate Y Combinator

#86
post #67
post #24

Earlier quoted context omitted.

According to The Information (which is hard-paywalled unfortunately) venture capital as a whole is set to run out of money in 18 months if things continue at the current pace. AI companies had better turn profitable sharpish.

article link ?

https://www.theinformation.com/articles/dry-powder-running-s...

Summarized by Ed Zitron: The Information recently published some worrying data from venture capitalist Jon Sakoda — that “at today’s clip, the industry would run out of money in six quarters,” adding that the money wouldn’t run out until the end of 2028 if it wasn’t for Anthropic and OpenAI.

Re: How the AI bubble ate Y Combinator

#87

If you drive through San Francisco on I-80, every single billboard between the Bay Bridge and the 101 is for some kind of AI service (except, amusingly, the one for Yudkowsky's new book about AI doom). All of them look terrible and completely useless. There was one that said "Still using PowerPoint? Use our AI slide maker instead" with a picture of a three-eyed cat, as though to brag that their service makes unappeti…

Yeah, a few times per year, I take a drive to SFO, and I am again struck by the absurdity. It's not just the current AI fixation. They always seemed bizarrely niche to me. I assumed billboards were for mass consumer marketing. What tiny percentage of the people on these highways are actually in a position to act on any B2B tech marketing? I don't understand the economic choice to pay for a billboard like that. The on…

There is one on 101 that says "My boss really wants you to know Redis is an AI company". Blows my mind how that marketing team is still employed.

Re: How the AI bubble ate Y Combinator

#88

Is it just me or anyone else fed up with the startup community. I cannot find anyone who actually cares about values and have backbone. The stories I grew up with of Wozniak, Jobs, Larry and the hacker community does not resemble them anymore. Everyone I know who raised money is a moron or narcissist. YC has became like a resume builder. And the genuine hackers I know of are wasting life away working on pointless pro…

> Everyone I know who raised money is a moron or narcissist.

Not all though but to me, I okay, I am mentioning this a lot nowadays but I am in high school and this is relevant.

When I first lets say wanted to do a startup, my idea was that people would invest in me for me to grow and then I can sell it really later after 15 years of working or sorts to have financial freedom.

I wanted to build things that could make profit for 15 years and be something that could've needed capital to expand the growth just like any other business.

Just because it is in coding/tech and its spicy right now doesn't make the principles of sound business go away.

Yet, the more time I invested in here / seeing YC, it seems that the story is about hype/growth/operating at a loss knowing things aren't sustainable/building wrappers.

Only to sell them at insane profits to somebody later on while the company never made a single profit or something while hiring many people...

What can I say, its just something that I can understand if someone is doing and there might be companies that have this fundamental but untill I find something like that, I am pretty sure not gonna just go and paste AI sticker in somethings as some other people are doing right now...

Its a matter of moral backbone. I can't charge my investor wrong knowing that my project doesn't have potential or sorts and its an hype thing... ,Idk. There are a lot of systemic issues in the whole world that we have to think through to discover how we got here.

> And the genuine hackers I know of are wasting life away working on pointless projects.

Man this is something that I grapple with a lott, we must do something to survive and so most of us work a dead end job even though we can be really passionate about something and so there's definitely that which I resonate with a lot.

Re: How the AI bubble ate Y Combinator

#90

HN's AI hate-boner has always been a bit off-putting to me. This is a technology forum, and it's pretty much the biggest advance in recent technology that has potential implications for all of our lives. I definitely also get AI-fatigue, but it's no mystery why there's a preponderance of content about LLMs, diffusion models, self-driving cars, etc. YC's goals are to manage risk and to make money, and new tech like th…

The hate boner comes from HN's love for technology - software and hardware - and AI is so dominant in tech news. Once you learn the basics of LLMs and agents, which are really not that complicated, it gets sort of dull to hear about again and again and again.
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