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Business Wars

The Rise of AI | The Next Big Thing | 1

Business Wars

Wondery

History, Business, David Brown, Management

4.613.2K Ratings

🗓️ 13 September 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

For decades, AI stagnated with only a few dedicated scientists working on it.  But in 2012, a researcher at the University of Toronto made a breakthrough  — and every major tech company wanted in on it.  They were convinced that AI was the next big thing, destined to change the world the way the personal computer, internet, and smart phone all had in previous decades.  The race to be the leader would soon become cutthroat.

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Transcript

Click on a timestamp to play from that location

0:00.0

It's an afternoon in early 2013.

0:16.5

Larry Page leans back in the wide leather seat of a private jet.

0:20.8

He absinmindedly smooths his salt and pepper bangs against his forehead as he skims emails

0:25.8

on his phone.

0:27.6

Back in 1998, Page co-founded Google.

0:30.8

What started as a search engine is now one of the biggest tech companies in the world

0:34.6

trafficking an email, video sharing, cloud storage, and more.

0:39.5

As CEO, Page is on a mission to keep growing the behemoth, and he's always on the lookout

0:44.9

for the next world-changing technology.

0:49.0

In a seat near Page, Elon Musk cracks open a Diet Coke.

0:53.4

In the early 2000s, Musk was involved with PayPal, the e-payment system.

0:57.9

Now he runs Tesla, the electric car company, as well as SpaceX, which builds space rockets.

1:04.4

Page and Musk are good friends, and when the scheduling works out, they hitch rides

1:08.0

on each other's jets.

1:10.1

Along with him today, is Luke Nosek, a co-founder of PayPal.

1:15.3

Nosek's computer beeps with the sound of a new email coming in.

1:19.3

Nosek clicks it open.

1:21.4

This later, the beeps and boops of an old school video game emit from his laptop speakers.

1:26.2

Nosek's eyes go wide as he watches.

1:28.8

Hey, Elon, did you get this email from Demis at DeepMine?

1:33.6

Musk and Nosek recently invested in an artificial intelligence company called DeepMine based

1:37.8

in London.

...

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