Fixie.ai's Matt Welsh: "The 12-cent engineer"

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 7 April 2023

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Matt Welsh, founder of Fixie.ai, to talk about how artificial intelligence will replace human programmers (3:25), its growing capabilities (8:20), the power of natural language prompts (13:20), running the numbers (16:15), historical precedents (21:30), on whether there is a development “brick wall” coming (25:00), why this AI moment has arrived (27:50), whether OpenAI will have a defensible business model (32:30), Fixie’s plan (35:40), a world of bespoke AIs for different industries (41:20), Welsh’s history at Google, Apple and startups (43:50), starting Fixie (46:30), and the societal shift to come (50:45).

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Transcript

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0:00.0	Yo, technology. What is it all about? And that makes this an extremely compelling
0:06.6	financial argument to make that, look, if a machine can automate these processes and it's
0:14.2	10,000 times cheaper than a human, you have to look at that very seriously. You can't just
0:19.7	say, well, no, that's, we're not going to do that.
0:22.9	Right.
0:23.6	If it were 20% cheaper, you might say, well, 20% cheaper doesn't make any sense.
0:28.3	But 10,000 times cheaper is compelling.
0:50.2	Yeah. Hello and welcome to Danny in the Valley, your weekly dispatch from behind the scenes and inside the minds of the top people in tech.
0:56.3	I am back from my unexpected and unplanned sojourn into the U.S. justice system last week. So thank you all for understanding. You know, one of these days I'll be, I'll be happy to do
1:01.9	jury duty. But I think, you know, that day is like years and years away. Because, you know,
1:07.5	when you have a job and kids and just lots going on in life, being told that you have to take a forced five-week interlude where you get paid $15 a day to spend hours in a courtroom, man, it's like, it's an ask.
1:21.1	And I know it's important, my civic duty, et cetera, but I have to say I was glad I was deselected last week.
1:29.2	But I digress.
1:31.3	That's not why you're here.
1:33.0	You are here to talk about or hear about artificial intelligence because that's the only
1:40.5	thing happening at the moment.
1:41.6	Obviously it's not.
1:42.4	But it's the thing.
1:45.5	And we have a really great guest this week to talk about it.
1:48.4	His name is Matt Welsh.
1:49.5	He is the founder of a startup in the great state of Washington called Fixi.a.
1:55.9	Which is building, you'll not be surprised, AI tools, specifically the layer that will connect
	...

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