Hacker News Reader

Comment by version_five | Hacker News Reader

This sounds very optimistic and probably reflects the VC view more than reality. If 15% of current AI startups are succeeding 3 years from now (granted not the same as "in business", but meaning roughly they survived to another funding round) investors will have done very well. I'd invest in a portfolio I thought had that kind of upside. Personally I think it will be way lower.

How many web3 startups will still exist next year?

View on HN

What will aicombinator do when ai flops? Go back to crypto?

How can it flop when there are already millions of people using it every day?

By making negative money per user, like all flops.

The secret is having zero users so you make an undefined amount of money per user.

I don't know anyone who is using a LLM based product besides ChatGPT and Copilot.

Moreover, I know two people who are paying for ChatGPT And a handful that are paying for Copilot.

There’s a real potential market in AI driven support bots, but time will tell if they catch on or are just fads. “Things people have to do but don’t want to do” is an area to keep an eye on.

stackai, botpress, elevenlabs, midjourney, the title didn't say llm it said AI. This would also include vector db companies and ancillary services that only exist to add value to llm companies, that would probably fail or be way lower valued if there weren't an llm use case.

There'll be something else along. Perhaps metaverses will come back into fashion, or, er, data lakes or something? At any given time there is usually one thing that VCs are weirdly excited about; occasionally it pans out. Much as about 5-10% of VC-backed companies are big successes, 5-10% of VC-backed fads turn into something real.

do what paradigm is doing now, switch to different markets.

At least some of these ai produce things of value. web3 startups only produced fake value for as long as the ponzi kept running

> How many web3 startups will still exist next year?

0. They'll have upgraded to web4 by then.

Do we force push to web2, or revert to web4?

Reply on news.ycombinator.com