Everything is done manually - though clients and our investors are told and believe otherwise. Is this common in the Silicon Valley? I just realized that the sales team doesn't know this and I asked the founders why. They said they want the sales team to sell confidently. This feels really odd because 'AI' technology is one of our biggest value props and there is no way this manual process is scalable. I think the strategy is to raise enough money and hire enough people to build it out, but for now, the founders are faking it until they make it. Thoughts?
Theranos 2.0
If this is really the case, then leave. Quickly. Things like this dont stay hidden.
Investors investing in companies without tech due diligence... seems like their mistake
Sounds normal, sadly.
Yup, it’s common
Oh yes it’s nearly universal bullshit. The good news is the pending a AI job take over Is also overhyped though also a long-term trend that is impacting the economy
We can actually put some real AI into your products, reach out to me.
Very common, and not necessarily bad. It won't scale, but you use your first few customers to fund building real AI.
AI isn’t magic! You need a a large & valid dataset to train a proper model. People are in an uproar because there is a manual process to collect data? Dumbasses.
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You should watch The Inventor: Out For Blood
The book Bad Blood is amazing too. It doesn’t even feel real.
It’s as real as Elizabeth Holmes voice.