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by Etheryte 1105 days ago
> 1 in 5 investors and business owners pitched by GPT-4 would invest $10,000 or more.

This is a completely useless metric and also a common pitfall. It's been shown many times that what people say they would invest/pay for something is completely unrelated to what they actually do when push comes to shove.

3 comments

That in fact is pretty much the foundational insight behind capital markets- people say one thing and do another but when they vote with their wallets they say what they really mean.
Not to mention, founder and team are basically the main criteria, at least early on. So people claiming to be making invest decisions without that are full of crap anyway.
Yeah, but it's a comparison metric to the human ones, so is relevant to implying the GPT-4 set is "better".