Is there an AI coding bubble? Plus Meta’s new SlopTok product, Neon’s divisive app shuts down, and more | E2184
Today’s show: Factory, a Sequoia-backed producer of AI agents for programming, raised $50 million at a $300 million valuation. So Jason and Alex are wondering… how much capital is TOO MUCH? We’re going deep on a question that often perplexes founders: How would weigh a HUGE potential market against STIFF pre-existing competition. PLUS that Neon app that records your calls deleted itself, why AI ISN’T taking away all the radiology jobs yet, how inherent biases impact everyone’s view of the economy, ChatGPT may be getting ads very soon, and MUCH MUCH MORE.
Key Points
- Even in highly competitive markets, there's always room for new entrants and innovation, as demonstrated by examples like Uber in ride-sharing and the potential for new LLMs despite existing giants.
- The off-roading marketplace Wear to Wheel is tapping into an under-served and rapidly growing market by connecting off-road enthusiasts with private landowners, showing significant traction and potential for premium services.
- AI's real-world application in fields like radiology is proving more challenging than anticipated due to data variability and integration issues, but ongoing advancements and dedicated startups suggest eventual breakthroughs.
Chapters
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Transcript
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