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An applied AI company should not train its own foundation model, because a foundation model is the fastest deteriorating asset there is.

Drawn from what Bret Taylor said

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What Bret Taylor actually said

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  1. Bret Taylor

    Co-founder and chief executive of Sierra

    I mean I've heard from multiple investors that foundation models are the fastest deteriorating asset of all time. And so if step one of your business is to burn through tens of millions or hundreds of millions of dollars of capital before you find product market fit and that asset has value for like a a week, I'm not sure it's like a great business model.

Added to korrents 18 Aug 2025 · How quotes work · Something wrong? Tell us

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