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20VC: Foundation Models are the Fastest Depreciating Asset in History, Lina Kahn is a Threat to American Capitalism, PE is Not Coming to Save the M&A Market & How China Could Overtake the US in the AI Race with Michael Eisenberg
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Value in Foundation Models
Foundation models are considered the fastest appreciating asset in history, with their true worth lying not in the models themselves but in the teams capable of harnessing them. The value is in the skilled individuals who can bring these models together, making companies like OpenAI worth billions. In industries like finance and stock markets that require real-time data updates, there is a challenge in utilizing these models effectively due to the fast-changing nature of the information. The focus is shifting towards the expertise needed to handle and utilize these models effectively, rather than solely on the models themselves.
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