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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Benchmark's Eric Vishria on Where is the Value in AI: Chips, Models or Apps | Why Nvidia Will Not Be The Only Game in Town | The Commoditisation of Foundation Models | Which AI Apps Have Sustaining Value vs Hype and Short Term Revenue

1480.104 - 1498.634 Eric Vishria

You can justify really ridiculous investment, again, on any fundamentals basis because it's like, well, the prize is so big. So that's one part of it. And then the other part of it's like, wait a minute, we're a little ways away from replacing the software engineer right now. We're a bit away from that. And we haven't actually captured that much market value yet. Right.

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