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E23: Emad Mostaque and Sam Lessin Debate Whether AI is a Good Investment for VC
Erik Torenberg sits down with Emad Mostaque, founder of Stability AI, and Sam Lessin, GP of Slow Ventures and former VP Product at Facebook to debate how paradigm shifting AI will be for the different sectors of the global economy, and whether AI is actually a good investment for Venture Capital. These influential technology thinkers tackle the attention and information economy, SaaS markets, how AI-created entertainment will impact society and our relationships, and AI disruption of highly-regulated industries in a fast paced debate, moderated by Erik and The Cognitive Revolution AI podcast host Nathan Labenz. If you are interested to hear more of Sam Lessin’s unorthodox views on venture bets, head over to Turpentine VC and listen to a longer, even spicier conversation with him released this week:Apple: https://podcasts.apple.com/sg/....podcast/sam-lessin-o https://open.spotify.com/episode/7dSK4t8S9IwYqUWSvURMGa?si=FHErS037SVSUGLS1UfhzTg
RECOMMENDED PODCAST:Run the Numbers is a weekly podcast about financial metrics and business models, designed for ambitious people operating tech startups. It's a collection of things host CJ Gustafson (CFO at PartsTech and writer of Mostly Metrics) has learned and thought about in the trenches as a tech CFO. Subscribe to listen on the platform of your choice: https://link.chtbl.com/runthenumbers
TOPICS DISCUSSED:AI as an extender rather than a deck shuffler Is AI a disruptive or sustaining innovation? What is intelligence?The attention and information economyStorytelling, the stock market, and the economySponsors: Mercury, NetSuiteAI in the media industry, Hollywood, and distributionStartups vs incumbentsDisrupting highly-regulated industriesAI in education: an AI tutor for every childAI as StackOverflow 2.0 for engineersRegulatory ArbitrageThe oracle problem in AIApple as the weakest BigTech player in AIAI in communities and the future of social mediaReplika on Valentine’s Day and AI-generated pornHow does the market for inference shape up? Inference vs. cloudPrice of primary care in US in the next decadeWhat are the most likely incumbents to be disrupted?Will BigTech continue to opensource? Marriage rate in US in the future given AICan any AI leader sustain high gross margins in the future?Stability’s business model
X / Twitter@EMostaque (Emad)@Lessin (Sam)@CogRev_Podcast@labenz (Nathan)@eriktorenberg (Erik)
SPONSORS: Mercury | NetSuiteLooking to give your startup a competitive edge? Meet Mercury: https://mercury.com/Mercury is banking for ambitious companies—a modern partner that can provide you with the tools and resources you need to turn your startup into the best version of itself. It’s software built to help you scale, with safety and stability, when you need to — whether you're a team of two, or a team of 1,000. Join more than 100,000 startups on Mercury, the powerful and intuitive way for ambitious companies to bank. Mercury is a financial technology company, not a bank. Banking services are provided by Choice Financial Group and involve bank and trust members FDIC.
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