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xbmcuser 10 days ago

yes thats how we progress this is how the internet boom happened as well everything became . com then the real workable businesses were left and all the unworkable things were gone.

Recently I came across some one advertising an LLM to generate fashion magazine shoot in Pakistan at 20-25% of the cost. It hit me then that they are undercutting the fashion shoot of country like Pakistan which is already cheaper by 90-95% from most western countries. This AI is replacing the work of 10-20 people.

startupsfail 10 days ago | parent [-]

The annoying part, a lot of money could be funneled into these unworkable businesses in the process, crypto being a good example. And these unworkable businesses tend to try to continue getting their way into the money somehow regardless. Most recent example was funneling money from Russia into Trump’s campaign.

bubaumba 10 days ago | parent [-]

> The annoying part, a lot of money could be funneled into these unworkable businesses in the process, crypto being a good example

There was a thread here about why ycombinator invests into several competing startups. The answer is success is often more about connections and politics than the product itself. And crypto, yes, is a good example of this. Musk will get his $1B in bitcoins back for sure.

> Most recent example was funneling money from Russia into Trump’s campaign.

Musk again?