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colesantiago

I wonder what happened to all the YC crypto companies in the last 'bull run', it seems they have fell off.

In the same vein as crypto, the grift continues in AI.

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Most of web3 companies that I spoke to / know of pivoted to AI circa mid 2023

I've read some CEOs leaving AI to build decentralized AI. A crossover between web3 and AI.

What on earth does that even mean?

(Besides "a foolish VC and his money are soon parted".)

Well they claim that currently the data is centralized and owned by a small group of companies, and they want to decentralize the data so that "users own their data". At least that's what they claim

Decentralization is a myth.

Nah, it’s just that.

As pg says, it’s the people not the product that matters.

This is getting down voted, but I hope people realize that what he's saying is that the Venn diagram of crypto grifters and AI grifters is, in fact, a circle

A lot of them "pivoted" to AI.

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