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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Yann LeCun on Why Artificial Intelligence Will Not Dominate Humanity, Why No Economists Believe All Jobs Will Be Replaced by AI, Why the Size of Models Matters Less and Less & Why Open Models Beat Closed Models

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 15 May 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

Yann LeCun is VP & Chief AI Scientist at Meta and Silver Professor at NYU affiliated with the Courant Institute of Mathematical Sciences & the Center for Data Science. He was the founding Director of FAIR and of the NYU Center for Data Science. After a postdoc in Toronto he joined AT&T Bell Labs in 1988, and AT&T Labs in 1996 as Head of Image Processing Research. He joined NYU as a professor in 2003 and Meta/Facebook in 2013. He is the recipient of the 2018 ACM Turing Award for "conceptual and engineering breakthroughs that have made deep neural networks a critical component of computing". Huge thanks to David Marcus for helping to make this happen.

In Today's Episode with Yann LeCun:

1.) The Road to AI OG:

  • How did Yann first hear about machine learning and make his foray into the world of AI?
  • For 10 years plus, machine learning was in the shadows, how did Yan not get discouraged when the world did not appreciate the power of AI and ML?
  • What does Yann know now that he wishes he had known when he started his career in machine learning?

2.) The Next Five Years of AI: Hope or Horror:

  • Why does Yann believe it is nonsense that AI is dangerous?
  • Why does Yann think it is crazy to assume that AI will even want to dominate humans?
  • Why does Yann believe digital assistants will rule the world?
  • If digital assistants do rule the world, what interface wins? Search? Chat? What happens to Google when digital assistants rule the world?

3.) Will Anyone Have Jobs in a World of AI:

  • From speaking to many economists, why does Yann state "no economist thinks AI will replace jobs"?
  • What jobs does Yann expect to be created in the next generation of the AI economy?
  • What jobs does Yann believe are under more immediate threat/impact?
  • Why does Yann expect the speed of transition to be much slower than people anticipate?
  • Why does Yann believe Elon Musk is wrong to ask for the pausing of AI developments?

4.) Open or Closed: Who Wins:

  • Why does Yann know that the open model will beat the closed model?
  • Why is it superior for knowledge gathering and idea generation?
  • What are some core historical precedents that have proved this to be true?
  • What did Yann make of the leaked Google Memo last week?

5.) Startup vs Incumbent: Who Wins:

  • Who does Yann believe will win the next 5 years of AI; startups or incumbents?
  • How important are large models to winning in the next 12 months?
  • In what ways does regulation and legal stop incumbents? How has he seen this at Meta?
  • Has his role at Meta ever stopped him from being impartial? How does Yan deal with that?

Transcript

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0:00.0

AI is going to bring a new renaissance for humanity, a new form of enlightenment, if you want, because AI is going to amplify everybody's intelligence.

0:09.3

Every one of us will have a staff of people who are smarter than us and know most things about most things.

0:15.0

So it's going to empower every one of us.

0:17.0

Welcome back. This is 20 VC with me, Harry Stebbings, and today I'm joined by one of the

0:20.8

greats, Jan Lecoon. Jan is VP and chief AI scientist at Meta and Silver Professor at NYU. He was

0:27.7

the founding director of Fair and of the NYU Center for Data Science. He's the recipient of the

0:32.5

2018 ACM Turing Award for conceptual and engineering breakthroughs that have made deep neural networks

0:38.4

a critical component of computing.

0:40.5

And I want to say huge thank you to David Marcus and Mathieu at Photo Room for helping

0:44.5

make this one happen.

0:45.7

This really was a huge honor for me to do.

0:47.8

But before we dive into the show today, are you building enough conviction to outpace other

0:52.0

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