Sam Lessin: Obsession with Infrastructure Over Applications Is a Negative Sign
Sam Lessin · #52: Elad Gil on What to Build in AI (Part II) · More or Less Podcast · Jun 21, 2024 · at 57:38
Slow Ventures partner Sam Lessin compares the current market focus on AI infrastructure and power to past crypto cycles where useful applications lagged.
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“I always get very, very worried when everyone's obsessed with the infrastructure. Right? Like that, when that becomes an error. That happened in crypto too, right? This whole infrastructure, infrastructure, infrastructure, not what it's useful for. No one has an idea what it's useful for, where money's gonna be made. It's like, but they're just like, what's about power and infrastructure. And I think that like, I just think that's usually a pretty negative sign, right? When like, everyone's like, yeah, thematically this is good, but I don't know what to use it for.”
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