alpineman

Warning: the bike may start to unexpectedly veer to the Far Right

That's the whole point though, no? Enterprises have a totally different mindset and are not willing to overlook hiccups. So they haven't found PMF with their long-term target audience until they have learned how to sell to and build for those clients

Yeah, they raise a massive round on traction from other YC companies then need to find the real Product Market Fit (enterprise and others) after that round. It's actually very inefficient

Bad look for Jonny Ive

Do you really believe those policies after stories like this?

Just ban the discovery feed. Search only.

The self-mythologising is strong with this one...

So that's why Fable was refusing those biology questions

It is weird that her book doesn't mention Nick Clegg once

No refunds. Sounds like Playstation customer support. The most customer-unfriendly policies a company could think of.

You are welcome in Europe, we need all the talent we can get :)

As per the article, they are now about 6 months behind US frontier models, that's down from 9 months. The gap is closing

Did you read the article? Opus 4.5 has essentially been rebuilt already

Did Anthropic 'attack' all those authors it was forced to pay $1.5bn to for using their work without permission?

With open weight models there is true inference competition. Whoever can serve the model at the lowest price. And the consumer wins. Capitalism, served by China.

> “I’ve been thinking about writing an essay on the kind of mistakes that are made by college graduates booing or otherwise dissing AI,” he said. As if speaking to all of Gen Z, he added: “You guys have the opportunity to be generation AI—where you come into the workforce saying, ‘I know this a lot better than all of you"

Quite patronising. Maybe they really do know it a lot better than you, Reid, but not in the way you think. Maybe they see through the hype and hustle culture and are more interested in working towards fulfilling lives and jobs.

This

I would just add that my wife is a doctor and in the age of AI it's truly unbearable. In addition to super long hours and stress they now have to deal with patients coming and thinking they know better than people who spent more than a decade in education because of what some chatbot told them.

Great, a hallucinated output that only the super wealthy can afford, only to waste doctors' time with the need to run every test again at huge expense. Can we not leave medicine to the professionals? Creating a ghibli rip-off is not the same as diagnosing cancer.

Like every YC company solving problems experienced by, and selling to, other YC companies

Copypasta for LinkedInfluencers and VCs

And not the healthiest man alive

Sure until retail are forced to sell in an correction. Wealth destruction can happen very fast

I mean it's not great that Hetzner require this but it's a bit of a jump to assume that means they have links to Russian intelligence. This kind of thing is pretty common in Germany; not every private company is captured by Russian intelligence

I am not going to do a DCF on this because the assumptions are all invented anyway. But back of the envelope:

> What's the TAM of AI replacing millions of knowledge workers in support? Let's conservatively assume a few hundred billion.

> How much market share does Fin capture? Let's conservatively assume 5%.

> What's the valuation on a reasonable multiple?

5% of a few hundred billion is ~$15B of revenue. Let's assume deflated 6x revenue valiation, not the 15x these things were fetching two years ago, and you get a ~$90B company valuation (that it should grow into soon at least).

And it sold for $3.5b

So the price is telling you the real revenue is nearer 300m than $15b, which puts the actual AI-support software market in the low single-digit billions. Not hundreds of billions

And if the TAM is real but just being captured by the incumbents: Salesforce's own Agentforce, the supposed winner, is at $1.2B ARR. The "someone else is eating it" defense still has to point at the someone, and no income statement anywhere shows hundreds of billions of revenue

For Nvidia to be at $5T and the hundreds of billions a year of capex behind it only pencil out if that compute throws off a huge revenue stream downstream. Support is imo the cleanest test there is to demonstrate future value of AI in the real world (literally the first thing everyone said when ChatGPT 3.5 came out was that support will be eaten first). It's the most mature, most deployed, most automatable, and the exit price of its best player is...pretty small

I can't answer that because it's irrational anyway. I don't know, how many millions of people work in support? Because the assumption that all those jobs will disappear is what is holding up the public valuations

If that's the exit valuation of the most popular AI support tool (even Anthropic use them) then this doesn't support the trillion valuations of companies like Nvidia, SpaceX (AI), etc

It became all about money. YC is actually really the epitome of this transformation. VCs started deploying massive amounts of money, turbocharged by Covid.

At least using AI doesn't cause massive suffering of sentient beings like meat consumption does. I find it funny we talk so much about whether or not Claude's feelings are hurt and whether it has emotions, when we treat animals with real feelings, emotions, parental bonds, and personalities so badly.

Who needs Berghain, the loading bar is much shorter and with less uncertainty at the end (a bit when it gets stuck at 93% briefly though :D)