It's a famous startup saying that the next big thing will start out looking like a toy. And there's no toy that VCs have been more excited about playing around with recently than DALL-E and other generative AI image tools. Put in a few key words into a tool like Midjourney, Stable Diffusion, or DALL-E and it's easy to see why the whimsical (and often wacky) images have captured investors' imagination. An AI-generated artwork even recently won an art competition at the Colorado State Fair, a result that didn't go over well among more traditional artists. It's become disruptive enough that this week Getty announced a ban of AI-generated images on its platform, following similar moves by some online art communities.