My AI investment thesis is that every AI application startup is likely to be crushed by rapid expansion of the foundational model providers.
App functionality will be added to the foundational models' offerings, because the big players aren't slow incumbents (it is wrong to apply the analogy of "fast startup, slow incumbent" here), they are just big. Far more so than with any other prior new technology, there is a massive and fast-moving wave that obsoletes every new app almost as fast as it can be invented. There is almost no time to build a company and scale it.
There are two ways AI application startup founders can make money:
- Make a flash-in-the-pan app that generates a ton of cash and bank the cash (my estimate is that you have about 12-18 months cashflow generation)
- Make a good enough app that you get acquired by one of the big players for sufficient equity
The situation is highly unstable - we don't know if it's going to crash or go to the moon but both scenarios make it very unlikely that any AI application startup will independently become a generational supercompany (baseline odds are low to begin with).
The best odds are finding an application niche in a highly specialized field with extremely unique and specific data barriers, ideally ones relating to real atoms (hardware or world-related) data and not software/finance.
In conversation with @CNBCTV18 at the Global Fintech Fest, Zeta's co-founders Bhavin Turakhia and Ramki Gadipatti discuss the future of UPI-based credit lines and their vision of the 1-Trillion-Dollar opportunity in the fintech space.
#CreditLineOnUPI#BankingInnovation
An absolute misfit to run a media company as powerful as twitter.
Hypocrisy, abuse of power, manipulation, attention seeking, sensationalism, irresponsible, and what else?
@AbhishekMarkets Thanks for the detailed notes and feedback. Our team works with hdfc bank to develop this app.
We are working to improve the CC experience.
Could you please share the utility options you missed?
Nothing reveals depth of people more than the quality of questions they ask.
Questions are tools that allows us to understand the world and progress in someone can be seen in quality of questions over a period of time.
AI entertainment should be genre. I mean not necessarily AI generated entertainment but the amazement we can feel looking ai do what it is doing. Like this video: https://t.co/sVPXjgetk7
Quite likely there is a YouTube channel for it. Do you know one?
@cmadala@tesselizabethx All the very best @cmadala for your big screen direction debut.
Wish this unique time-travel spin will get love of the audience.
Here's the exhilarating Title & First Look Poster of #ArcusFilms Production #1 - 𝟳:𝟭𝟭 𝗣𝗠 🤩
Experience a Genre-blending Extravaganza on Big Screens 🔜 ❤️🔥
#711PM 🌎
🌟ing @saahaspagadala @deepika_vreddy @tesselizabethx
Directed by Chaitu Madala
@petergyang Are there any evidences of ponzi schemes disappearing on their own without lawmakers and law enforcement authorities’ intervention? Crypto ecosystem is as complex as internet. Can’t be regulated by any agency of any one country. #cryptocurrecy will survive as long as greed does
It’s strange how many people say #FTX failure is a failure of regulators and are looking for regulators to help them now and in future. Do they mean companies should be regulated but currencies shouldn’t be!?
#cryptocurrecy#Decentralization
For all the security scanners out there, stop asking for root access and ssh port. You can’t have a prerequisite of making system less secure before your can assess the system for security. Learn to be non-root. #Pentesting#vulnerabilities
@bhavintu That’s how one might start at the age of 16 with INR 50K and in 20 years generate employment for over 3K individuals, make a few millionaires and don’t stop there.
I presume, by ‘we’ you don’t mean every one who can afford a glass screen to read a tweet, right?