Hacker News new | ask | show | jobs
by echelon 598 days ago
> AI slop companies

There is so much market up for grabs. Most companies will fail, but the ones that succeed can win really big. And the surface area is so much larger than attempting a non-AI company since the advantages are potentially huge.

> ChatGPT wrappers.

Create value. Doesn't matter how you do. Just create value.

2 comments

I like your first point, hadn't thought of it that way; makes it seem just a bit more reasonable. Regarding "create value" though, that's where I think a lot of the negative sentiment comes in: the vast majority of these new AI companies offer nothing at all of value to anyone. Outside of a very small few even the ones with an attractive premise fail to live up to the experience they advertise.
The point is that the small few will become extremely popular.

ChatGPT isn't particularly useful.

A wrapper around ChatGPT which extracts specific entries from a PDF bill? That's incredibly useful.

The only niche so far that seems to have caught on for LLMs is code autocomplete, but that's already recording real revenues.

> but the ones that succeed can win really big

May. Not can.

There is no evidence yet that AI is anything other than a feature.