bets

While this becomes less true at later stages, the fact is everyone is hedging their bets and are diversified in a way (within tech).

Once the state is involved, many bets are off.

As some have said, 30 years down the road when machines are more intelligent, all bets are off.

They have probably tested is collectively, the poor bets going out of business and good ones staying in.

They get to hedge your bets, if you want to hedge yours you'll need to find some other vehicle.

VCs can deal with this with by taking a lot of bets - that doesn't work for a single person.

> the fact is everyone is hedging their bets and are diversified in a way (within tech) That is in no way diversification.

The rest of this comes down to hedging your bets and return on investment.

At the point of (strong, general) AI though all bets are off the table.

How many other small bets did NewLink place on promising technologies coming out of academic labs, and how many of them panned out?

I wouldn't place any bets on the emergence of an appendix-free homo sapien offshoot any time soon.

If someone installed malware on that computer already, all bets are off.

It was the "make long term safe bets" banks that had problems, e.g.

I still carry bets that it won't hit "critical mass/momentum" in its current form.