From the source
The models were there but they hallucinated constantly. You needed to be deeply technical to get anything useful out of a raw LLM API. Most of us — myself included — weren’t equipped. I remember being at SaaStr Annual 2023, talking with David Sacks, asking how he was thinking about AI at Craft. He said they wanted 80% of investments to be AI. I asked to see the great ones already in market. His answer: they’re all proof of concepts. We’re all in anyway. That was the right call if you were investing at the LLM layer. I wasn’t smart enough to play there, let alone deploy AI B2B agents then.