Oliver Molander, a serial entrepreneur and investor, recently shared his interaction with a VC who claimed to be an ‘AI-first investor’.
“What’s your thoughts on XGBoost 2,” he asked. The VC replied, “I’ve never heard of that LLM.”
Many individuals—not only VCs—suddenly labelled themselves AI experts in the post-ChatGPT era. “If you had asked them what an LLM was before 2022, many probably would have answered that it's a law degree,” quipped Molander. He acknowledged that though LLMs brought AI to the mainstream, “the truth is that AI is much more than just LLMs”.
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