A group of tech enthusiasts observing an AI-related presentation at a social event. Photo by Yujie Zhou, Oct. 2, 2023.
Unlike previous tech booms, where mature startups rented offices and hired hundreds of principal software engineers, the AI boom remains at an early stage. Instead, newcomers become regulars in a complex network of house parties, AI social events and hacker houses. What’s more, many of the newcomers are not just workers — they are looking to start their own companies.
That’s been Smith’s colleague Tong Yu’s experience. Yu, 27, left San Francisco during the pandemic because the city was “dead” but returned in March when the launch of GPT-4, the large language model, set the world on fire. At a recent coffee shop gathering for CEOs, for example, Wang learned some companies were training large language models at a cost as low as $1 for a million “tokens” of input data. “You just wouldn’t get that from news or publications, probably it would be delayed or even you will never get that informal knowledge,” he said. “But by going through those events, you get first-hand the latest developments in the industry.
The density of founders has blessed Dos Bahá, a 29-year-old serial entrepreneur who moved here in August, with “priceless” founder-to-founder conversations with top level serial entrepreneurs.
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