20VC: Does Value Accrue to Incumbents or Startups in the AI Race, Why Model Size Matters More Than Data Size, Why Artificial General Intelligence is Far Away, Why Carpenters Will Be Paid More Than Software Engineers & Future of Jobs with Richard Socher

20VC: Does Value Accrue to Incumbents or Startups in the AI Race, Why Model Size Matters More Than Data Size, Why Artificial General Intelligence is Far Away, Why Carpenters Will Be Paid More Than Software Engineers & Future of Jobs with Richard Socher

Richard Socher is the founder and CEO of You.com. Richard previously served as the Chief Scientist and EVP at Salesforce. Before that, Richard was the CEO/CTO of AI startup MetaMind, acquired by Salesforce in 2016. He is widely recognized as having brought neural networks into the field of natural language processing, inventing the most widely used word vectors, contextual vectors and prompt engineering. He has over 150,000 citations and served as an adjunct professor in the computer science department at Stanford.

In Today's Episode with Richard Socher We Discuss:

1. The Decade-Long Journey to Becoming an AI OG:

  • How did Richard first make his way into the world of AI over a decade ago?
  • What are 1-2 of his biggest lessons from working with Marc Benioff?
  • How did 5 years at Salesforce impact how he both thinks and operates?

2. Models: Does Size Matter:

  • How important is model size? Is data size more important?
  • What are the biggest misconceptions people have around models today?
  • How does Richard respond to the suggestion that "many startups are wrappers around LLMs"?
  • Are hallucinations a feature or a bug?

3. Where Does Value Accrue:

  • Where does Richard believe most of the value will accrue; startup or incumbent?
  • Which incumbents are best positioned to win? Which are the laggards and behind?
  • What do many not see about the startup vs incumbent race in the AI war?

4. Open vs Closed: Which Wins:

  • Does Richard favour Yann LeCun's open approach? Or is the world of AI more closed?
  • What are the biggest challenges of an open ecosystem?
  • What are the nuances that make both challenging?

5. Richard Socher: AMA:

  • Why will carpenters be paid more than software engineers in 10 years?
  • Why is AGI still way off? Are people too unrealistic?
  • How much money does Google make off search every day? Why does that leave them vulnerable?

Episoder(1416)

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20VC: Anthropic's $10BN Fundraise: Have They Beaten Cursor Already | a16z's $15BN Fundraise: Is the Middle Dead in VC Today? | How OpenAI Could Go to Zero and ElevenLabs at $11BN: Buy or Not?

AGENDA: 05:02 Anthropic's $10 Billion Fundraise 07:54 Has Claude Code Beaten Cursor Already 15:54 OpenAI Could Still Go to Zero 26:33 Andreessen Horowitz's $15 Billion Fundraise 45:16 The Middle is De...

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20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital

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Alex Rampell is a General Partner at Andressen Horowitz, where he leads their $1.7BN apps fund. Just last week, a16z announced they had raised $15BN for their latest funds, over 20% of all capital rai...

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20Growth: The $6.6B Growth Engine Behind ElevenLabs | Why ElevenLabs Do Not Have PMs | The 7 Part Launch Playbook to Crush All Launches with Luke Harries, Head of Growth @ ElevenLabs

20Growth: The $6.6B Growth Engine Behind ElevenLabs | Why ElevenLabs Do Not Have PMs | The 7 Part Launch Playbook to Crush All Launches with Luke Harries, Head of Growth @ ElevenLabs

Luke Harries is Head of Growth at ElevenLabs, where he leads marketing, product, engineering, and developer experience. ElevenLabs has raised $281M with the latest round pricing the company at a $6.6B...

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20Sales: Why the Best Sales People are F***** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets

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Chad Peets is one of the great sales leaders of our time. Previously, he was the sales saviour at Snowflake and was an advisor to the CEO there. He was also an MD at Sutter Hill where he sat on the bo...

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