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Marc Andreessen , general partner at VC firm Andreessen Horowitz , wasonstageat the Ray Summit conference earlier this calendar month , talking about AI . CFO.com haspulled outthe best citation so you do n’t have to see the full interview .
“ peradventure all of these company are in a subspecies to the bottom , ” Andreessen say when mouth about large oral communication model ( LLM ) development .
While that might be posit the obvious , many aspiring entrepreneurs and veteran investor pay attending when Andreessen talks . As a reminder , his house is also an investor in OpenAI , the developer of ChatGPT . The VC participated in the $ 300 million round that valued OpenAI at between $ 27 billion and $ 29 billionin early 2023 .
thing have drastically change since then . Andreessen compare current AI development with “ sell Elmer Reizenstein , ” meaning that there is n’t much product specialisation . “ It turn out anybody can make an LLM , ” he said , invoking commodification .
