Comment by AIorNot

19 days ago

I’d like to say its possible

But heres the reality from me- I’m in my 50s and I don't have it in me to grind at the level of 20 year olds to achieve some level of security in an untried business model - and this is someone who has launched 2 AI startups in the past 2 years

In one we got VC funding but I left after setting up their agent platform and tons of AI assisted coding only to not meet impossible deadlines and over-promised AI value to enterprise customers - I was literally working 20 hr days at stretch for 170k salary competing and half benefits against 25 year olds out of stamford with no lives- far lower than the 250+ with stock and benefits I got in my EM role at a big company which now evaporated - I was edged out of that startup role for not delivering “on time”

My second AI startup I cofounded with friends and trusted colleagues its bootstrapped (all of us are over 40) - so we have more experience and better deadlines now but its up to the business gods on how well it will do- crossing my fingers

But its a lot of pressure for sure and I currently have no health insurance and my wife was laid off in December and we lost her benefits

So I wouldn’t call myself optimistic in the end stage capitalistic hellwhole that is modern “middle class” America

I hope a better work model can be found - but having some any salary and medical benefit security would be nice

I went to an AI meetup last week and it was filled with gray hairs - i could sense the desperation as many people I met told me they were laid off recently and trying to dive in

Ironically looking at them it reminded me of those interviews they used to do in Appalachia or something when a town was out of work and advisors came in and said “learn to code instead of mining” (ok I may be exaggerating somewhat but I even know a ex Microsoft manager who had to resort to a go-fundme to keep his family afloat)