Would LLMs exist under today's VC rules? An Innovator's Dilemma reflection on funding research

DrMorganLevine · x · 2026-10-24

Reading The Innovator's Dilemma, the author asks whether today's LLMs would exist if early development had demanded clear customers, narrow commercial applications, and near-term revenue. The most transformative shift — self-supervised general-purpose representations — created value nobody could have anticipated.

As AI turns to biology, she questions whether existing funding structures filter out transformative ideas, and whether commercial models can offer both patience for foundational research and incentives for real-world translation.

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