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20VC: Bret Taylor: The AI Bubble and What Happens Now | How the Cost of Chips and Models Will Change in AI | Will Companies Build Their Own Software | Why Pre-Training is for Morons | Leaderships Lessons from Mark Zuckerberg
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Brett believes in applications that solve solutions
Investing in the foundational layers of AI, such as data centers and models, appears to be a strategic approach due to the uncertainty of how AI will evolve. Companies should focus on applications that provide tangible solutions rather than attempting to manipulate complex models themselves. Creating fine-tuned solutions that cater specifically to customer needs, like customer service agents or legal applications, is more valuable. There is a clear demand for ready-to-use solutions that address specific problems, rather than DIY systems that require extensive engineering. The excitement surrounding AI should shift towards these application-driven products that offer significant value and cater to non-technical buyers, indicating a strong market demand for practical software solutions that directly address user needs.
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