Most of the content created on the internet is created by average people and so kind of the content on average you know as a whole on average is average.

The test for whether your idea is good is how much can you charge for it? Can you charge the value?

Or are you just charging the amount of work

it's going to take the customer to put their own wrapper

on top of open AI?

The paradox here would be the cost of developing any given piece of

software falls but the reaction to that is a massive surge of demand for software

capabilities. And I think this is one of the things that's always been

underestimated about humans is our ability to come up with new things we need. There's

no large marketplace for data. In fact what there are is there are very small markets for data.

In this wave of AI, big tech has a big compute and data advantage. But is that advantage big enough to draw on all the other startups trying to rise up.

Well, in this episode, A16Z co-founder Mark Andresen and Ben Horowitz, who both by the way, had a front row seat to several prior tech waves,

tackle the state of AI.

So what are the characteristics that will define successful AI companies,

and is proprietary data the new oil or how much is it really worth

how good are these models realistically going to get and what would it take to get 100 times

better Mark and Ben discuss all this and more, including whether the

venture capital model needs a refresh to match the rate of change happening all around it.

And of course, if you want to hear more from Ben and Mark, make sure to

subscribe to the Ben and Mark podcast. All right, let's get started.

It is kind of the darkest side of capitalism when a company is so greedy they're willing to

destroy the country and maybe the world to like just get a little extra profit.

...