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Channels with Peter Kafka

Inside the AI Gold Rush

Channels with Peter Kafka

Vox Media Podcast Network

Technology, Tv & Film, Business News, News

4.4585 Ratings

🗓️ 27 April 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Silicon Valley needs a new thing and AI is that new thing: investors are supposed to pour 43 billion dollars into AI this year. But will individual startups cash in on the boom, or will the real winners of AI be the same handful of big, established companies? Featuring: Renate Nyborg (@renate), a tech veteran who is launching an AI startup, and got a firsthand look at the AI funding frenzy. (00:00) Then: Dror Berman (@drorberman), a venture capitalist at Innovation Endeavors, which he co-founded with the former CEO of Google. He’s one of the guys throwing a ton of money into AI. The reason he thinks he’ll get it right is because he’s done it before. (06:47) And: Jessica Lessin (@Jessicalessin), founder and editor-in-chief of The Information. She knows Silicon Valley inside and out and translates this moment for us. (24:00) Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:05.8

I am an adult, so sometimes I use LinkedIn.

1:13.0

And when I'm on LinkedIn, I see the same stuff I think you do.

1:16.3

There's job announcements, people talking about promotions, you get a few likes, a few congratulations,

1:21.4

that's it.

1:22.8

Well, that is not what happened to Renata Nyborg when she posted something on LinkedIn

1:26.7

a few months ago.

1:28.1

Nyborg was starting a new gig. She was thinking about starting a company. She wasn't sure what it

1:32.2

would do, didn't even have a name yet, but she wrote about it on LinkedIn anyway.

1:37.2

I said I'm joining AI Fund as a founder in residence. I'm going to be working with Andrew

1:42.8

Ing, who's been a long-term hero of mine,

1:45.0

to work on something in the health space.

1:47.0

Some quick translation here. Andrew Ng is a big name in artificial intelligence.

1:51.0

He runs an investment company called AI Fund. And so Nybarg was saying, basically, hey, I'm

1:56.0

eventually going to do something, it's going to be something involving health and something involving AI.

...

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