Comment by klabb3
10 hours ago
> The same could be said for most/all startups. They all can be distilled into some simple implementation.
Hard disagree. There are lots of niches and businesses are complex. If everything was CRUD the people who are using no-code app builders would win against the ones who code, which hasn’t happened despite continuous attempts for 20-or-so years.
Now, I don’t know if GP is right, but assuming that it’s true (many prompt wrapping startups), then yes absolutely they are completely owned if they sit on top of an existing “platform” which can see everything they’re doing. That’s much worse even than selling IaaS on top of aws.
It was the same during the blockchain hype peak – you’d see lots of startups that forked some existing project and replaced the name of a token, and created a website to drive hype.
Not sure if you are trying to prove my point or not. Indeed businesses are complex. With every wave there are a large number of copycats and business with no moats. Many factors go into who win and who does not. Unlike blockchain and whatever you are trying to prove. There is already value being proven with the current wave in AI. Overvalued in the near term but undervalued long term.
Not sure anyone was trying to say no code apps would win.
We can already see that it’s possible to create comparable models in the LLM space. You could just as easily run your business off OpenAI models through azure. You have a hard sell trying to convince that azure is going to steal your data and roll a product of their own. Might as well tell us aws is stealing your web app.