It seems very likely that this time will be different. I argue that the past round of AI was not actually intelligence. It was machine learning and has limited niche applications. This current wave is actually intelligence. Creating creative art from scratch is actually intelligence. This is a task that is difficult for humans to do and this round of AI does it well. The GPT, Codex type of interfaces actually have the ability to solve problems that humans have difficulty with. The challenge though is that the incumbents are very well invested in this space. Microsoft basically controls OpenAI and, therefore, how much value start-ups can create is yet to be seen.
Hi Elad. I only just heard of you from someone else’s Twitter post. Loving reading your words. Excellent stuff. I am representing an Ai start up. Can I DM you?
Elad, what do you think is the difference between "research guys" and "product guys" building AI-first startups during the current AI wave? How are you approaching that in your investments?
Hello Elad,
I hope this communique finds you in a moment of stillness.
Have huge respect for your work, specially the unique reflections.
We’ve just opened the first door of something we’ve been quietly handcrafting for years—
A work not meant for markets, but for reflection and memory.
Not designed to perform, but to endure.
It’s called The Silent Treasury.
A place where judgment is kept like firewood: dry, sacred, and meant for long winters.
Where trust, patience, and self-stewardship are treated as capital—more rare, perhaps, than liquidity itself.
This first piece speaks to a quiet truth we’ve long sat with:
Why many modern PE, VC, Hedge, Alt funds, SPAC, and rollups fracture before they truly root.
And what it means to build something meant to be left, not merely exited.
It’s not short. Or viral. But it’s built to last.
And if it speaks to something you’ve always known but rarely seen expressed,
then perhaps this work belongs in your world.
The publication link is enclosed, should you wish to experience it.
https://helloin.substack.com/p/built-to-be-left?r=5i8pez
Warmly,
The Silent Treasury
A vault where wisdom echoes in stillness, and eternity breathes.
Hi Elad, any potential to build on this great article, factoring in the tailwinds and headwinds the last year in AI?
Hey Elad, my friend has an AI startup currently, fundraising - buysmart.ai. How do we find you to pitch?
It seems very likely that this time will be different. I argue that the past round of AI was not actually intelligence. It was machine learning and has limited niche applications. This current wave is actually intelligence. Creating creative art from scratch is actually intelligence. This is a task that is difficult for humans to do and this round of AI does it well. The GPT, Codex type of interfaces actually have the ability to solve problems that humans have difficulty with. The challenge though is that the incumbents are very well invested in this space. Microsoft basically controls OpenAI and, therefore, how much value start-ups can create is yet to be seen.
Hi Elad. I only just heard of you from someone else’s Twitter post. Loving reading your words. Excellent stuff. I am representing an Ai start up. Can I DM you?
Elad, what do you think is the difference between "research guys" and "product guys" building AI-first startups during the current AI wave? How are you approaching that in your investments?