I'm an AI software engineer and I predict that most AI startups being funded today will die
businessinsider.com
I'm an AI software engineer and I predict that most AI startups being funded today will die::Here's how to tell which ones could make it.
I'm an AI software engineer and I predict that most AI startups being funded today will die::Here's how to tell which ones could make it.
It's not that hard to predict, given that ~90% of startups fail.
https://blog.hubspot.com/the-hustle/how-many-startups-fail
https://explodingtopics.com/blog/startup-failure-stats
https://www.failory.com/blog/startup-failure-rate
Not to mention all things end. eventually.
Not my love for god
/s
Your AI achieved superintelligence and achieved the singularity, and you think your startup is going great, but then trillions of years later it fails due to the heat death of the universe.
I predict, over 90% of all people will die. There, I said it.
Everyone exposed to air and water will eventually die. Doctors won’t tell you this.
Don’t scare me like that.
I’m not an AI software engineer and I could have told you that - not only is it true for all startups of any kind, but given the insane level of hype around AI, it’s obvious
AI is the new crypto. Idiots will be fleeced. Schemes will be hatched. Vaporware will vape.
In 2-5 years there will likely be some Intel- or Google-like companies with big controlling stakes in AI. Investing in the them then will likely be a good idea. Trying to figure out now which of the 61,000 AI startups will become them, and hoping to win the lottery in the process, is a fool's game.
Also a non-zero chance that AI itself is all vaporware and the "industry" fizzles out completely.
I thought you were comparing their utility as technologies and I was going to disagree, but as investment opportunities you have a good point.
It will be higher for AI than other industries specifically because of the hype cycle.
I guess he could leave out AI. Most startup will die. There was a time they use to say 9 out of 10
Exactly.
No shit sherlock, most startups fail regardless of the industry.
In other news: the sky is blue, water is wet, the sun is hot and u/spez sucks.
The porn ones will probably make it
I disagree. There will definitely be porn ones that make it, but there's a lot of AI porn startups.
They're planning a numbers game, if one out of a thousand grows a thousand times as large, you're still money up
Is this a hot take? 99% of all startups die within the first few years.
"here's how to tell which one" so this guy has solved VC investment. Got it.
Crashing open doors :
most business go bankrupt,
most innovations we try fail,
most of Nature's attempts are ludicrous.
Still ...we shall try again and again.
I'm a human and i predict that most humans alive today will die
What, you're saying startups (known to go bankrupt within months in most cases) will go bankrupt? I can hardly contain my gasps! What incredible insight. /s
Imho, the only guys who have a chance to develop an AI for general use are those funded by Google, Microsoft or Elon. The Big Tech guys with deep pockets, who are prepared to burn cash for the long run. Others need to find their niche.
And those are the guys who should be the least trusted with such an AI.
Nobody can be trusted with such an AI. That's why, hopefully, there won't be one dominant player.
Who cares, nost of them are front ends for ChatGPT anyway