Posted on May 6, 2021
Jacob Hollander
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I dunno if you heard about this...the JAIC...the Joint Artificial Intelligence Center...they really do like their acronyms lol!
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SGT Lab Technican
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Edited 1 mo ago
Jacob Hollander DEFENSE ONE-
“When you end up in a situation where “there’s too much capital chasing too few good ideas that are real, you end up in a situation where you are funding a lot of junk. What ends up happening [in Silicon Valley] is… many of those companies just fail,” he said Wednesday. “The problem in DOD is similar. How do you apply discipline up front, on a venture model, to fund the good stuff as opposed to funding a lot of junk and then seeing two or three products that become successful?”
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Jacob Hollander
Jacob Hollander
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I think what happens when you put too much money into someone or something that hasn't provided a result is that you end up with something less successful more often than not.

Like look at the budget that they gave Zack Snyder at DC on Man of Steel, Justice League etc, those movies were not financially successful and yet very vocal fans tried to end Joss Whedon's career when he already proved his ability and then wrote and directed The Avengers and it was at the time the most successful comicbook movie at time knocking The Dark Knight out of first place for that category.

If say someone could produce a film with a 5 million dollar budget and have exponential returns, that is a greater success than someone who blew over 200 million dollars (not including marketing and distribution costs) and barely broke even.
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SGT Lab Technican
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Jacob Hollander - I agree... better to risk 5 million than 200 million and break even... or lose $$$.
Thanks for the article & feedback.
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Jacob Hollander
Jacob Hollander
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SGT (Join to see) - You're welcome!
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SGT Mary G.
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Edited 1 mo ago
Jacob Hollander - Hmm . . . that is interesting. I know next to nothing about business and economy . . . so it provides some useful insight. Good article.
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Jacob Hollander
Jacob Hollander
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Well I think business and economy is something that is very circumstantial and that nobody can have all the right answers on, so you might know a lot more than I do even about how good I am about my own business!
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