[eru]

> c) Continued investment hinges on their being a large enough cohort of startups that can leverage LLMs to generate outsized returns. There is no evidence yet this is the case.

Why does it have to be startups? And why does it have to be LLMs?

Btw, we might be running out of text data. But there's lots and lots more data you can have (and generate), if you are willing to consider other modalities.

You can also get a bit further with text data by using it for multiple epochs, like we used to do in the past. (But that only really gives you at best an order of magnitude. I read some paper that the returns diminish drastically after four epochs.)