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Should Chinese entrepreneurs compete in big models? The full version of Fu Sheng and Zhu Xiaohu's circle of friends is coming
Source: Titanium Media App, Author: Jia Yuwei
The concept of GPT became so popular that it finally attracted the big shots of venture capital to openly "resent each other" in the circle of friends.
In the early morning of June 26, Fu Sheng, CEO of Cheetah Mobile, and Zhu Xiaohu, Managing Director of GSR Ventures staged a heated debate in Moments. What value can be created." And this debate also attracted people inside and outside the industry to watch and express their opinions.
The cause of Fu Sheng and Zhu Xiaohu's mutual confrontation is an article about Zhu Xiaohu's denial of large-scale entrepreneurship. In this article, Zhu Xiaohu's point of view is: ChatGPT is too powerful and unfriendly to start-up companies, and start-up companies based on ChatGPT can The value created is very thin.
Fu Sheng obviously disagreed with the point of view in this article. He reposted it and wrote: "Half of the start-ups in Silicon Valley started around ChatGPT, and our investors can still be so ignorant and fearless."
Less than half an hour after Fu Sheng posted this post on Moments, Zhu Xiaohu himself appeared in the comment area: "99% of the value is created by GPT, what value is such a start-up company?"
Fu Sheng believes that value depends on how it is defined. If only the underlying principles are value, then the existence of an enterprise is unnecessary.
Fu Sheng made an analogy: 99% of the Internet’s specifications are created by tcpip. Is entrepreneurship valuable? 99% of the value of automobiles is created by thermodynamic definitions. Is entrepreneurship valuable? The traffic of most small and medium-sized websites is search engines Is it worthwhile to start a business?
Fu Sheng also further pointed out the value opportunities of large models. He believes: "Today's problem is that large models cannot simply solve problems. This is a value opportunity." He believes that large models are thumbnails of public data, but public data cannot solve them. all processes. The big model is more like a university, which has produced thousands of graduates, but the university will not rule everything, let alone make entrepreneurship worthless.
Zhu Xiaohu then poured cold water on him: Just don't have too high expectations for GPT. He also pointed out that Fu Sheng's statement is more suitable for the country, "Pharaoh and the others don't like **'s scattered and small opportunities."
When the two were arguing about the value of the large model, Li Mingshun, CEO of Haodai.com, also joined in, saying that he "agreed with Fu Sheng", and also affirmed the investment value of the large model.
"Mobile apps are all on Apple or Android, and PC software is all on Windows. The logic is the same." Li Mingshun agreed with Fu Sheng's point of view, and it cannot be said that AIGC has no investment value; The evolution of the valuable domain. Li Mingshun believes that although the investment market is not very good now, the view of short-term investment is too negative.
Although Zhu Xiaohu bad-mouthed the large-scale model investment, he was quite sincere in his actions. He replied to Li Mingshun that he should be the most vertical AIGC in China. Li Mingshun hoped that more capital would come to an end. He responded: "In the current chaotic period and the market is not good, investors who have made a lot of money should come and support them with the idea of 'don't make mistakes when investing wrong'."
In the end, the debate between the two ended with Fu Sheng "our definition of entrepreneurship is different".
Between the two different definitions, there may be a hidden gap that Chinese entrepreneurs and VCs will take a long time to bridge.