A lot of their shortcomings are known, but the community is super, super active and trying to resolve them.” “I feel quite strongly that these technologies are quite world-changing,” Khosla Ventures partner Kanu Gulati told me. Already, some companies like Stitch Fix have been experimenting with the technology, but with mixed success.
He’s already had over 80 meetings with VCs and is only halfway done following YC’s Demo Day. “It has literally been like dropping yourself into the Ganga River and fully being bathed in it,” Agarwal said of the interest.
Investor interest has been nearly overwhelming for Poly’s Abhay Agarwal, who is building a “DALL-E for design assets” company. What looks like an interesting art tool has become a prime feeding ground for investors. It’s become disruptive enough that this week Getty announced a ban of AI-generated images on its platform, following similar moves by some online art communities.
An AI-generated artwork even recently won an art competition at the Colorado State Fair, a result that didn’t go over well among more traditional artists. Put in a few key words into a tool like Midjourney, Stable Diffusion, or DALL-E and it’s easy to see why the whimsical (and often wacky) images have captured investors’ imagination. And there’s no toy that VCs have been more excited about playing around with recently than DALL-E and other generative AI image tools. It’s a famous startup saying that the next big thing will start out looking like a toy.
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