VCs love to talk about AI, but aren’t writing as many checks as you might think

Anecdote from 1 VC is that they don't really know how AI companies can make money. It's like the leaked Google document that said that neither Google nor OpenAI have any moat in AI.

And this is Google. How is a basic startup supposed to make significant sums of money from AI when even Google doesn't believe it can create something that can't be replicated or leapfrogged fairly easily.

I mean, speaking as someone who's really worried about speed of AI research... that's good news to me.