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Cake day: June 1st, 2023

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  • When has that stopped any tech or fake-tech company from making their IPO?

    The IPO is where the Venture Capitalist get their paychecks. Is that or being acquired by some big tech like Google or Microsoft.

    The current vc investments can not really be recouped with profits. They exist to make company valuation as big as possible before the IPO, so they can as much money as possible selling as much as the company as they can without losing control of the board.

    The company will pump REVENUE just before the IPO to increase valuation, but the PROFIT right now is inconsequential in comparación with the total addressable market. It’s all pure speculation and a terrible way to make a sustainable business, but it’s the best way to get a lot of money for the VC and the founders.


  • Mars@beehaw.orgtoProgrammer Humor@programming.devTough break, kid...
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    9 months ago

    Yeah, writing prompts it’s the long term goal, programming will be obsolete.

    Nobody that can write a problem in a structured language, taking edge cases into account, will be able to write a prompt for a LLM.

    Prompt writers will be the useful professionals, because NO big tech company is trying to make it obsolete making AI ubiquitous and transparent, aiming it to work for natural language requests made by normal users or simply from context clues. /s

    Prompt engineering it’s the griftiest side of the latest AI summer. Look a who is selling the courses. The same people that sold crypto courses, metaverse courses, Amazon dropship store courses…