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The probably mostly won't. But they don't care now. Now they want VC money. That's how startups work.

Every investment fund is under strict orders to plow money into AI, because it's going to change the world

They only need to survive for a long enough time until they find an exit. Either through acquisition or IPO.

It doesn't need to be sustainable nor particularly innovative.

It's going to be tough to IPO when you're not sustainable or even profitable these days.

That's where the stat that 99% startups fail comes from. One or few winners, a hundred losers - the whole startup ecosystem works like this :)

The bar to making a social network weren't high from a technology perspective. Same for a lot of enterprise software.