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The money is easy to come by because wealthy investors, while they don't want to pay any more in taxes, are desperate to find possible returns in an economy that sucks outside of ballooning healthcare and the AI bubble... not because they need the money but because NUMBER MUST GO UP.

And more so than even most VC markets, raising for an "AI" company is more about who you know than what results you can show.

If anyone is actually showing significant results, where's the actual output of the AI-driven software boom (beyond just LLMs making coders more efficient by being a better google)? I don't see any real signs of it. All I see is people doing after market modifications on the shovels, I've yet to see any of the end users of these shovels coming down from the hills with sacks of real gold.



What’s your opinion on any of the plethora of unicorns in domain-specific AI, like Harvey? ($100m ARR from what I could find on a cursory search)

https://www.forbes.com/sites/iainmartin/2025/10/29/legal-ai-...


I’m yet to be convinced it (Harvey) is anything other than a a prompt and some streamlined Rag.

Law is slow and conservative, they were likely just the first to get a enterprise sales team.




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