The latest one I saw is called lovable.dev (I think they used to be called gptengineer) but it just looks totally the same as all the competitors so I don't really get it. There was so much hype when Devin raised, whatever a bajillion dollars, but all the products suck?<p>Why are VCs still pouring money into this?
It's all <i>deja vu</i> ... back in pre-2000 it was web stores, e.g. pets.com, then more recently it was block-chain this and that. Now it's ML/DL/AI.<p>The VC playbook is simple, gamble with other people's money, hoping that 1 in 20 bets pays 100x in order to pay off the 19 losers and collect their fees. With <i>carry</i> they just can't lose. It's either <i>win</i> or <i>win BIG</i>.<p>In spite of all their posturing, VCs can't accurately predict the future either.