[Beaver117]

If the bar for entry is that low how will these companies survive?

[palata]

The probably mostly won't. But they don't care now. Now they want VC money. That's how startups work.

[surgical_fire]

They only need to survive for a long enough time until they find an exit. Either through acquisition or IPO.

It doesn't need to be sustainable nor particularly innovative.

[lma21]

It's going to be tough to IPO when you're not sustainable or even profitable these days.

[kolinko]

That's where the stat that 99% startups fail comes from. One or few winners, a hundred losers - the whole startup ecosystem works like this :)

[danielmarkbruce]

The bar to making a social network weren't high from a technology perspective. Same for a lot of enterprise software.

[nikanj]

Every investment fund is under strict orders to plow money into AI, because it's going to change the world