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.

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[–] 103 points 3 years ago* (2 children)
  • [–] 27 points 3 years ago (2 children)

    Not to mention all things end. eventually.

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  • [–] 1 point 3 years ago

    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.

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  • [–] 19 points 3 years ago (3 children)

    I predict, over 90% of all people will die. There, I said it.

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  • [–] 48 points 3 years ago (2 children)

    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

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  • [–] 5 points 3 years ago (1 child)

    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.

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  • [–] 30 points 3 years ago* (last edited 3 years ago) (1 child)

    I guess he could leave out AI. Most startup will die. There was a time they use to say 9 out of 10

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  • [–] 27 points 3 years ago (1 child)

    No shit sherlock, most startups fail regardless of the industry.

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  • [–] 17 points 3 years ago (1 child)

    The porn ones will probably make it

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  • [–] 16 points 3 years ago

    I'm a theoretical physicist and I can predict most dropped objects will fall to the floor

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  • [–] 14 points 3 years ago

    They're planning a numbers game, if one out of a thousand grows a thousand times as large, you're still money up

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  • [–] 12 points 3 years ago (1 child)

    Is this a hot take? 99% of all startups die within the first few years.

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  • [–] 8 points 3 years ago

    I'm a human and i predict that most humans alive today will die

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  • [–] 8 points 3 years ago

    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

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  • [–] 8 points 3 years ago

    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.

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  • [–] 6 points 3 years ago (1 child)

    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.

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  • [–] 2 points 3 years ago

    Who cares, nost of them are front ends for ChatGPT anyway

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