[babyent]

This is most “AI” companies. It’s kind of sad tbh because I’m building an actual company and when I talk to founders in SF I feel like they’re running scams or just lying. It wasn’t like this 5 or more years ago.

Oh well. Maybe I just don’t understand the game.

[roarcher]

That confirms a suspicion I've had for a while. These days I tend to assume that 95% of anything associated with cryptocurrency or AI is nothing but a hype-driven tool for extracting money from investors who should know better but somehow never do, no matter how many fads they live through.

But because of the quality of this message board I've always assumed that Y Combinator made wiser investments and didn't just throw money at whoever said the magic buzzwords of the day. Guess not.