Are people so used to monopolies in the modern market that the idea of launching a business where there exists a possibility of competition is seen as a sign of a scam?
A lot of these new AI startups just give a plain text prompt to the GPT API with a smattering of web glue. This creates a product that looks impressive and might get funded, but has close to zero value add.
There’s a difference between having competition and having a business that can be trivially cloned. The challenge for a lot of AI startups is to show that they are adding something and are not just a dumb wrapper.
There’s a difference between having competition and having a business that can be trivially cloned. The challenge for a lot of AI startups is to show that they are adding something and are not just a dumb wrapper.