Here's how to tell which ones could make it.

I’m an AI software engineer and I predict that most AI startups being funded today will die::Here’s how to tell which ones could make it.

  • Dogzilla@geddit.socialEnglish
    49·
    1 year ago

    I’m not an AI software engineer and I could have told you that - not only is it true for all startups of any kind, but given the insane level of hype around AI, it’s obvious

    • ryrybang@lemmy.worldEnglish
      7·
      1 year ago

      AI is the new crypto. Idiots will be fleeced. Schemes will be hatched. Vaporware will vape.

      In 2-5 years there will likely be some Intel- or Google-like companies with big controlling stakes in AI. Investing in the them then will likely be a good idea. Trying to figure out now which of the 61,000 AI startups will become them, and hoping to win the lottery in the process, is a fool’s game.

      Also a non-zero chance that AI itself is all vaporware and the “industry” fizzles out completely.

      • pewter@lemmy.worldEnglish
        2·
        1 year ago

        I thought you were comparing their utility as technologies and I was going to disagree, but as investment opportunities you have a good point.