Silicon Valley’s focus isn’t biotech. I wouldn’t expect Meta to release a drug requiring FDA approval.
But that’s exactly my point! Where is the money funding innovation outside Silicon Valley and Big Tech?
BTW some of biotech’s biggest recent breakthroughs were made by Google, which is perverse in itself. The only way to pay for those breakthroughs were through Big Tech, and they only exist at the good graces of Google. If Google decided not to spend money on it, they wouldn’t have happened.
What I’m saying is that if you have a prospective cure to Alzheimers and want to get it funded by VC money, they won’t fund it because it’s not AI. If you manage to get it funded and it’s a breakthrough however, a megacorp will find you first with an acquisition offer, then if you refuse, a VC funded alternative that can afford to run you out of business.
This is stifling innovation and keeping smart people underemployed.
LLM’s are really the only thing tech has left, while there were several different kinds of computer technology with investing in decades ago.
Silicon Valley’s focus isn’t biotech. I wouldn’t expect Meta to release a drug requiring FDA approval.
But that’s exactly my point! Where is the money funding innovation outside Silicon Valley and Big Tech?
BTW some of biotech’s biggest recent breakthroughs were made by Google, which is perverse in itself. The only way to pay for those breakthroughs were through Big Tech, and they only exist at the good graces of Google. If Google decided not to spend money on it, they wouldn’t have happened.
What I’m saying is that if you have a prospective cure to Alzheimers and want to get it funded by VC money, they won’t fund it because it’s not AI. If you manage to get it funded and it’s a breakthrough however, a megacorp will find you first with an acquisition offer, then if you refuse, a VC funded alternative that can afford to run you out of business.
This is stifling innovation and keeping smart people underemployed.