I can certainly understand why YC would fund an idea like this, and it's interesting to read about, but yeah the horizon for it working is surely very long if ever.
A more appropriate scope would be "can any element of a business at all be handled autonomously by an agent in the long run?" because I would buy that product, but I can't think of one.
Andon's real world experiments are a lot more interesting than the simulations IMO. They ran a retail outlet which has burned through 97% of the money in its bank account. A cafe which is well into a downward slide. Some online radio stations which have listener numbers you can count on one hand.
Seems a little insane that they opened expensive physical businesses like retail and a cafe without doing anything digital successfully first. Surely a dropshipping business is easier and cheaper to test out than a brick and mortar clothing store!
So if nothing else, they have a looooong way to go on distribution. I would argue that distribution in particular might be unsolvable with an agent. If your agent can do it why can't a thousand others? At which point the cost of customer acquisition will be driven up by thousands of robo-competitors until it's no longer viable. The robots mutate the problem and the closest real analogy ends up being perfect competition where no one has any profits.
A more appropriate scope would be "can any element of a business at all be handled autonomously by an agent in the long run?" because I would buy that product, but I can't think of one.
Andon's real world experiments are a lot more interesting than the simulations IMO. They ran a retail outlet which has burned through 97% of the money in its bank account. A cafe which is well into a downward slide. Some online radio stations which have listener numbers you can count on one hand.
Seems a little insane that they opened expensive physical businesses like retail and a cafe without doing anything digital successfully first. Surely a dropshipping business is easier and cheaper to test out than a brick and mortar clothing store!
So if nothing else, they have a looooong way to go on distribution. I would argue that distribution in particular might be unsolvable with an agent. If your agent can do it why can't a thousand others? At which point the cost of customer acquisition will be driven up by thousands of robo-competitors until it's no longer viable. The robots mutate the problem and the closest real analogy ends up being perfect competition where no one has any profits.