View: neolabs are VC's bet that open-ended research yields trillion-dollar firms
avt_im · x · 2026-10-06
Replying to a discussion on how many new labs would rather do basic research than ship products, the author argues neolabs are venture's attempt to learn whether open-ended research yields trillion-dollar companies with sufficient probability. OpenAI shows the probability is nonzero; the open question is whether it's high enough for portfolio math. We'll know soon.
Related event: Debate: New AI Labs Are Venture Bets on Open Research(3 posts)→
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