Definitely, but it is not our only problem. We don't get those lucrative internships and neither do we get the boatloads of startup capital.
It's all caused by the same risk averse mentality, though.
It's all caused by the same risk averse mentality, though.
Even OpenAI, however amazing it is, is not a business (yet?). It's a money sink.
https://en.wikipedia.org/wiki/Loss_leader
The thing being talked about doesn't have a widely-used nickname, though "Blitzscaling" is probably the closest.
The first hit is always free
Note: I'm not talking only about OpenAI. You can look at YConbinator's own top companies and try and find businesses that are profitable for longer than a year, and not with a history of "for a decade they were losing a billion dollars a year but are now finally profitable with 10 dollars of profit"