Dmitry Shevelenko on Perplexity's Vision for Reshaping the Internet

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 6 November 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The news business isn't a great one these days. At least for a lot of legacy outlets (newspapers, cable networks, print magazines etc.), the Internet has obliterated their business model. And now AI is coming along and there's a risk that it makes conditions even worse, because unlike in the glory days of the search era, the user doesn't even have to click to get what they're looking for. So how does an AI company like Perplexity, which combines search and AI to create a real-time destination for learning about the news, affect industry economics? On this episode, which was recorded live at Lazard's Foursquare conference (an annual gathering for business leaders in sports, media, and entertainment), we speak with Perplexity's Chief Business Officer Dmitry Shevelenko. We talk about the company's relationship with the news business, a new battle against Amazon, and the general economic and finance environment for hot AI startups.

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0:00.0	You're being sold an AI future where you're obsolete or irrelevant.
0:04.0	That vision is wrong.
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0:12.0	American workers are our nation's greatest strength.
0:16.0	AI shouldn't eliminate them. It should elevate them.
0:19.0	Palantir is here to tell their stories. From factories
0:23.0	to hospitals, AI is freeing people from drudgery, letting them do what humans do best. Create, solve,
0:31.0	build. Palantir, making Americans irreplaceable.
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1:36.5	Bloomberg Audio Studios, Podcasts, Radio News Hello and welcome to another episode of the Odd Lots podcast.
1:55.3	I'm Joe Wisenthaw.
1:56.4	And I'm Tracy Allaway.
1:57.5	Today you are going to be listening or watching a special episode of our podcast recorded live at a conference, which you've probably never seen before.
2:07.4	Yeah, this was at the Lazard for Square Conference, and we interviewed Dmitri Shevillenko. He is the chief business officer of perplexity, which is something you might have used before. We certainly use it.
2:18.2	Yep, one of the leading AI models. And so this is a conference related to media and dealmaking.
	...

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