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Comment by janmo | Hacker News Reader

I follow a bunch of indie devs on Twitter, most of them started an AI product often based on ChatGPT and Stable diffusion.

Many went viral in a very short time frame, but now they are experiencing a huge churn rate, meaning people canceling their membership, also an alarming high refund and dispute rate.

I believe AI startups will loose 90% of their customers soon, as those are only people who where hyped into trying it out but have actually no use case for it.

AI is currently what Internet was in 1999.

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they're going too broad with it

if they can find a specific industry to go into it would make all the difference

for example i'm waiting for someone to use these to make creating an anime 10x easier, train on existing in-house styles and artists might only need to make corrections rather than everything from scratch. i can imagine an increase in the number of projects, and they would be able to put more money into writing and storyboarding instead which would be a really interesting transition.

The Internet literally took over the whole world

...but only after the dot-com bubble burst

Sure, but the AI hype bubble will pop in between, and then it will be a slow and gradual process. It will take decades for AI to be fully integrated in our society.

Your statement hinges on the definition of "fully".

I'll simply counter by saying that the value created by these AI technologies is immense and given that value it will likely be intergraded into society very quickly.

The ai bubble has popped in the past and shall again.

Exactly

Most got overexcited, however, some are making real progress. Those are not the viral ones though. So yes, most will go out of business soon as they cannot get over the hump of improving further on sd or gpt. There are actual paths possible with gpt that were not viable before at all and people are using them to make product that will be launched quietly and silently and change the world. Ignore the stuff made by influencers as they are just 5 lines of api calls and 10m$ from some investor.

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