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Silicon Valley is backing thousands of rival consumer A.I. apps, all promising to automate away the troubles and tedium of modern life. Can any of them actually turn a profit?
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Jim Scheinman, the founder and managing partner of Maven Ventures, makes his money by thinking around the corner—but not too far around the corner. Scheinman invested in Zoom in 2013, and the self-driving startup Cruise in 2014. The moment ChatGPT went live, in late 2022, Scheinman thought, It’s finally here, and started hunting around for the most promising consumer-oriented opportunities in A.I.
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