David Holz on model development
From Midjourney Office Hours | Stream September 27, 2023 · · Midjourney Recap
“We have like some other versions of V5 that we could release which have better Aesthetics right now the coherence is a little worse so we're not sure if we like it. We could collect more data from the users and ask everyone to rate things and then call it a 5.5. It's a bit of work to release this sort of new bigger version just like a lot of work and it could distract from V6 so you know I think our biggest the most important things are the V6 and the new website.”
On , David Holz, CEO & Founder at Midjourney, spoke about model development during Midjourney Office Hours | Stream September 27, 2023 on Midjourney Recap.
About David Holz
David Holz, founder and CEO of Midjourney, participated in a conversation with Maya Ajmera at the 2026 Regeneron International Science and Engineering Fair. He discussed the company's financial model, stating that Midjourney is one of the larger revenue AI companies but has no investors. He said he spent his own money until he was negative $1,000, which he described as motivating for making money. Holz also shared his views on addressing problems through innovation rather than conservation. He said he believes in investing in fusion, space solar, or even blocking 1% of sunlight with satellites to control the Earth's temperature. Regarding AI's risks, he said the most dangerous thing is if humans build powerful AI and in the process believe less in their own beauty and power. He contrasted humans with economic agents, stating that humans want to be something different from a perfect economic agent, and that he is biased toward humans.