> I also imagine it’s hard to go to investors with “while all of our competitors are improving their models and either closing the gap or surpassing us, we’re just going to stabilize and see if people will pay for our current product.”

Yeah, no one wants to be the first to stop improving models. As long as investor money keeps flowing in there's no reason to - just keep burning it and try to outlast your competitors, figure out the business model later. We'll only start to see heavy monetization once the money dries up, if it ever does.

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BolexNOLA 15 hours ago | parent [-]

Maybe I’m naïve/ignorant of how things are done in the VC world, but given the absolutely enormous amount of money flowing into so many AI startups right now, I can’t imagine that the gravy train is going to continue for more than a few years. Especially not if we enter any sort of economic downturn/craziness from the very inconsistent and unpredictable decisions being made by the current administration

	▲	thewebguyd 15 hours ago \| parent [-]
		You would think so. Investors are eventually going to want a return on their money put in. But there seems to be a ton of hype and irrationality around AI, even worse than blockchain back in the day. I think there's an element of FOMO - should someone actually get to AGI, or at least something good enough to actually impact the labor market and replace a lot of jobs, the investors of that company/product stand to make obscene amounts of money. So everyone pumps in, in hope of that far off future promise. But like you said, how long can this keep going before it starts looking like that future promise will not be fulfilled in this lifetime and investors start wanting a return.