📊 In other news I also rawdogged an app called error2telegram
It sends any errors from PHP, SQLite, Postgres, or system metrics like CPU or disk space getting too high, from ANY of my servers, straight to my Telegram
I'm making so many little self-contained apps with AI now, it's really fun
I was part of a team that launched a photo realistic AI image gen mobile app in 2022 and it was crazy how quickly the ROI on ads dropped over a few months as VC-backed companies ramped up their ad spend
The way the online ad market is set up these days basically means everyone bids up ad spend until they are breakeven on unit economics and all the profit goes to facebook/google
I already tried ads repeatedly and ROI was always negative
I hired the best people in the industry and ROI was still negative
I think the reason is basic economics:
I compete with VC-funded companies with $100M balance sheets who happily enjoy negative ad ROI if it means growing their user base
They can pay $1 per ad, lose $0.10, make $0.90, and it's still good because it means GROWTH. And growth means being able to raise another $100M for the next round. Then at some point they try push to profitability and IPO!
I can't do that cause I'm self funded, so everything I do has to be profitable
If you're competing for the same ad slot with those companies, you can't economically have positive ROI for very long. For a while yes, not for very long.
It’s pretty amazing that consumer AI hasn’t become “winner take all” (or arguably, even “winner take most”) on the model front
I use different models for each modality:
- Text = ChatGPT
- Image = Flux
- Video = Veo 3, Seedance
- Sound / voices = Eleven Labs
…and even more!
If you spend 80% of your revenue on ads to make your money
Then remove your GPU costs for vision models running on pics of millions of free users
Then remove the 30% App Store fee
Then have to split what's left with cofounders
You might at some point realize selling courses is an easier business
Biggest takeaway from App Mafia debacle is $3.6m MRR doesn’t go very far when you’re renting an audience. Owning your own distribution is more valuable than ever.
Over the past few weeks, we have seen ChatGPT, Midjourney, DALL-E 🤖 and various other AI tools bring people's ideas into reality, including those without real experience. 🌟
We created our first-ever game "Aliya's Ascent" 🎮, using a plethora of AI tools including GPT-4, Midjourney, DALL-E, and more. 🛠️
Here are the prompts and the process we used:
Vibe coding is here to stay. I'd been worried it might be a fad, but I talked to the founder of an infrastructure company who's in a position to see how well vibe-coded apps are doing, and he said a lot of them are making money.
Get a normal job
Then make side projects after work
Once the side projects make more than your main job for 6-12 months, quit yoir main job
I don't know anyone who just fucked around being unemployed and then suddenly built a successful business, it was always people who had a job/income already and then what they built on the side took off
On the contrary, there's something about being unemployed, sitting at home, getting free money from government or parents that gives absolutely NO sense of urgency because you don't hate your life enough
You really hate your life doing a regular shitty job though, and that's GREAT motivation to work hard on the side on projects to be able to quit and change your life around
Yennefer — Voice AI RPG platform
my hobby project
- started upgrading Yennefer to a new level.
- collected useful repositories
- generated the architecture and task list for implementation
- started working through the tasks one by one
- seems to be going well
I just talked to a startup whose market cap, if they succeed, will be so large that we didn't even try to estimate it. It would just sound like fiction to investors.