AI will create more successful founders(ycombinator.com)
ycombinator.com
AI will create more successful founders
https://www.ycombinator.com/blog/opportunities-in-ai/
5 comments
This feels like a marketing video to lure young people into the startup world, promising big returns. The truth still is that about 7 out of 10 startups fail. Yes, new technologies create opportunities but it's still hard to leverage that into success. It's not like everyone creating a LLM wrapper is becoming rich. For that, you need a superior business model setup, like great (pre-) existing (marketing) channels.
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> When a major new technology comes out, huge new opportunities open up for founders that get in on the ground floor.
> Moments like these don’t happen often. When they do, it’s the people that put themselves right at the bleeding edge that find the opportunities
I hate this framing, and the associated mindset. This "creating a sense of urgency" is a tactic employed by car salesman and phishing emails.
Nothing but respect for the people doing cutting edge on LLMs/GenAI, but this post and video exude a sleazy, get-rich-quick vibe. It feels similar to the crypto hype-rush, which is unfortunate because in contrast to crypto, it seems there's real utility in LLMs/GenAI.
I think the part that rubs me the wrong way is they don't even pretend to care about the technology itself, how people might use it, or build businesses around it. They even directly acknowledge this at 3:00 with "we're not even saying we know the ideas".
It's all just "I smell money" and a rush to try and cut yourself a slice of the pie. I've never founded a startup so maybe I know nothing, but if a founder was asked why are you starting this business and their answer was "to get rich before anyone else", I don't know if I'd bet on that business.
> Moments like these don’t happen often. When they do, it’s the people that put themselves right at the bleeding edge that find the opportunities
I hate this framing, and the associated mindset. This "creating a sense of urgency" is a tactic employed by car salesman and phishing emails.
Nothing but respect for the people doing cutting edge on LLMs/GenAI, but this post and video exude a sleazy, get-rich-quick vibe. It feels similar to the crypto hype-rush, which is unfortunate because in contrast to crypto, it seems there's real utility in LLMs/GenAI.
I think the part that rubs me the wrong way is they don't even pretend to care about the technology itself, how people might use it, or build businesses around it. They even directly acknowledge this at 3:00 with "we're not even saying we know the ideas".
It's all just "I smell money" and a rush to try and cut yourself a slice of the pie. I've never founded a startup so maybe I know nothing, but if a founder was asked why are you starting this business and their answer was "to get rich before anyone else", I don't know if I'd bet on that business.
There is a surprisingly large component to business success that is not technical. I can absolutely see how AI can help decrease technical barriers for those willing to push on an idea and make solutions possible that wouldn't otherwise be available.
There is absolutely some truth to this.
There is absolutely some truth to this.
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