News for hackers. Stuff that matters.
Re:Why YC went to DC by candiddevmike on Monday June 03, 2024 @02:35PM (#40565837)
It's like VR in 2018. I'd love to see a Silicon Valley season for the current tech environment.
Re:Why YC went to DC by rshah_45 on Monday June 03, 2024 @03:02PM (#40566227)
Season 9 Erlich: "Oh my god. It's an AI play. That's the frothiest space in the Valley right now. Nobody understands it but everyone wants in. Any idiot could walk into a fucking room, utter the letters A and I, and VCs would hurl bricks of cash at them.”.
Re:Why YC went to DC by ethbr1 on Monday June 03, 2024 @03:48PM (#40566768)
Season 9 Erlich = an actual GenAI Erlich Botman.
Re:Why YC went to DC by triyambakam on Monday June 03, 2024 @03:19PM (#40566453)
That was well done
Re:Why YC went to DC by rshah_45 on Monday June 03, 2024 @03:55PM (#40566832)
It's literally a quote from season 4 with VR replaced with AI.
Re:Why YC went to DC by temp20240604 on Tuesday June 04, 2024 @06:45PM (#40579708)
Copypasta on HN. Noooooo!
Re:Why YC went to DC by jrockway on Monday June 03, 2024 @02:47PM (#40566007)
I think 2018 was the year of FinTech, which translates mostly to "altcoins".

I was looking for a job in the summer of 2018 and that's what all the ads were for. Ended up working for an ISP though, which was nice.

Re:Why YC went to DC by pram on Monday June 03, 2024 @05:06PM (#40567565)
Haven’t seen any “Web 3” shills for a long time, gone right out of style it has!
Re:Why YC went to DC by jrockway on Monday June 03, 2024 @05:08PM (#40567582)
Everyone spent the cash they were going to invest into startups on NFTs, I guess.
Re:Why YC went to DC by reducesuffering on Monday June 03, 2024 @05:14PM (#40567635)
Didn't stop YC from funding almost 100 of them[0] including signal boosting[1] this obvious scam that blatantly ripped off another's website and company too.[2]

[0] https://www.ycombinator.com/companies?tags=Crypto%20%2F%20We...

[1] https://x.com/ycombinator/status/1517556338750074881?lang=en

[2] https://news.ycombinator.com/item?id=31686140

Re:Why YC went to DC by throw46365 on Tuesday June 04, 2024 @12:09AM (#40570599)
Scroll back far enough on the X timelines of a few AI evangelists/specialists/advisers: oop, there they are. NFTs, Ethereum, altcoins.
Re:Why YC went to DC by pram on Tuesday June 04, 2024 @01:07AM (#40570887)
Yeah I just assumed this was the case lol
Re:Why YC went to DC by Tao3300 on Tuesday June 04, 2024 @07:56AM (#40573501)
Gotta do something with all those GPUs
Re:Why YC went to DC by sneak on Monday June 03, 2024 @03:32PM (#40566587)
VR won’t touch every aspect of society and government and corporate operations in five years.

AI will.

Re:Why YC went to DC by ethbr1 on Monday June 03, 2024 @03:49PM (#40566773)
That's like saying computing will.

Yes, but...

Re:Why YC went to DC by AlexandrB on Monday June 03, 2024 @05:12PM (#40567622)
I remember people saying the same about blockchain and, a little later, "the metaverse". A prominent, large tech company even changed its name to show its commitment to this promising technology!
Re:Why YC went to DC by mypalmike on Monday June 03, 2024 @06:16PM (#40568243)
Sure, but it was fairly obvious to the critical eye that neither blockchain nor VR/metaverse were likely to have much impact beyond a few niches. Neither solves problems many people actually have. And a lot of the tech world rightly scoffed at the whole Facebook/Meta "transformation".

But machine learning has been used for years behind the scenes in things like recommendations and clarification. And LLMs specifically, even in their current infancy, have shown immediate value in some cases (e.g. coding assistants) and obvious potential across a vast number of domains.

Re:Why YC went to DC by thisgoesnowhere on Monday June 03, 2024 @05:54PM (#40568030)
I mean there is absolutely no reason to think that AI (broadly) and blockchain are going to follow similar trajectories.

I agree that every company becoming an "AI company" is not in the cards. However, I think there is going to be a slow ramp where every startup just throws a few annoying problems at a LLM instead of hiring ML people.

And kinda like the internet it's just a tool that you use when appropriate, but the things where it's appropriate will continue to expand.

Re:Why YC went to DC by fnalelal on Monday June 03, 2024 @05:57PM (#40568063)

  "Apple Computer CEO Steve Jobs, who got a sneak preview, said Kamen's creation was as big a deal as the PC, and that it would change the ways cities were designed. Renowned Silicon Valley venture capitalist John Doerr said it might be "bigger than the Internet" and invested millions in it."
Re:Why YC went to DC by sneak on Monday June 03, 2024 @11:26PM (#40570398)
This is about the Segway, right?

I mean, small LiPo vehicles did take over the world, it’s just that they’re flying cameras instead. They even have some that can carry humans, so the jury’s still out on this one being false I think.

Re:Why YC went to DC by threeseed on Monday June 03, 2024 @11:33PM (#40570422)
The current tech environment is very different from 6 months ago.

Now most VCs are actually somewhat cautious about AI largely because they over-invested in companies at ridiculous high valuations and aren't seeing the ROI. Especially with many companies simply not seeing the promised benefits from deploying AI.

YC is actually the one that is out of touch with reality.