AI Boom Spawns Wave of Startups, But Sustained Success Requires More Than Hype

AI has been in development for decades, but is now gaining unprecedented momentum due to advances in algorithms, datasets, and compute power.

While many "ChatGPT for X" startups emerged recently, it's unclear if they will survive long-term without innovation. However, ignoring AI altogether poses a bigger risk.

Open source may be a good go-to-market strategy for some AI startups, especially infrastructure companies, but it depends on the specific problem being solved.

Besides English, LLMs in other languages and specialized domain LLMs will emerge. Multimodal AI combining text, audio, images, etc. is also gaining traction.

Proprietary data provides an initial edge, but sustaining a long-term advantage requires strong algorithms and products. lobbies are less critical for most AI startups than discussion groups.