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Most “AI” companies are simply wrapping the ChatGPT API in some form. You can tell from the job posts.

They aren’t building anything themselves. I find this to be disingenuous as best, and is a sign to me of bubble attribution.

I also think that re-branding Machine Learning as AI to also be disingenuous.

These technologies of course have their use cases and excel in some things, but this isn’t the ushering of actual, sapient intelligence, that for the majority of the term’s existence was the de facto agreed standard for the term “AI”. This technology does lack the actual markers of what is generally accepted as intelligence to begin with



their value proposition to VC is market capture, its marketing companies and they outsource tech heavy lifting to OpenAI and others.




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