TWiST News: Grape-picking robots, startup investing for all, and the earnings numbers you need to know | E2037
This Week in Startups
Jason Calacanis
4.4 • 1.3K Ratings
🗓️ 2 November 2024
⏱️ 91 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by:
Fidelity Private Shares℠. Manage your cap table and data room, get faster, more accurate 409A valuation and fully automate your next financing round. Visit https://fidelityprivateshares.com! Mention our podcast and receive 20% off your first-year paid subscription.
LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply.
Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud bill at https://www.oracle.com/twist
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Timestamps:
(0:00) Jason and Alex kick off the show
(4:49) Extend Robotics’ Dr. Chang Liu joins the show
(6:23) The challenges of real-world automation, robotic grape picking, and human in the loop AI
(10:44) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com Mention our podcast and receive 20% off your first-year paid subscription.
(12:14) Teleoperation, network latency, and future of robotic harvesting
(21:05) Building a tech company in the UK and second-order effects of AI
(23:24) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist
(24:35) AI models learning from best human practitioners
(26:56) Global remote work impact and virtual assistants
(30:38) Impact of global salary standards on US developers
(33:02) Oracle - Save up to 50% on your cloud bill at https://www.oracle.com/twist
(34:28) Accredited investor rules and potential changes
(42:26) Sophisticated investor tests and angel investing
(47:32) Investing in local businesses and AI news
(48:36) OpenAI announcements and Google’s blowout quarter
(52:22) Democratizing education with AI tutors and OpenAI's new search product
(1:03:39) OpenAI’s advanced voice feature and earnings highlights
(1:06:26) Tech giants' AI initiatives and implications
(1:08:03) Amazon’s AWS growth and AI business expansion
(1:14:39) Audience question: Interesting AI sectors for startups
(1:21:05) The Chinese EV market
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Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com
Check out the TWIST500: https://www.twist500.com
Check out the Launch CloudKitchens Incubator: https://ck.launch.co
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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
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Check out Extend Robotics: https://www.extendrobotics.com/ Here is the “Empowering Main Street in America Act”: https://www.banking.senate.gov/imo/media/doc/emsaa_section-by-section.pdf Check out SearchGPT: https://openai.com/index/searchgpt-prototype/ Check out the Xiaomi SU7 Ultra: https://www.mi.com/global/discover/article?id=3768 Check out Nio: https://www.nio.com
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Follow Dr Chang Liu:
LinkedIn: https://www.linkedin.com/in/thechangliu/
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Follow Alex:
LinkedIn: https://www.linkedin.com/in/alexwilhelm
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Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(10:44) Fidelity Private Shares℠ - Visit https://www.fidelityprivateshares.com Mention our podcast and receive 20% off your first-year paid subscription.
(23:24) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist
(33:02) Oracle - Save up to 50% on your cloud bill at https://www.oracle.com/twist
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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow TWiST:
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Instagram: https://www.instagram.com/thisweekinstartups
TikTok: https://www.tiktok.com/@thisweekinstartups
Substack: https://twistartups.substack.com
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Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Essentially, Sam Alden said, hey, we face a lot of limitations and hard decisions about how we |
| 0:05.1 | allocate our compute resources towards ideas. So essentially, Jason, they're compute constrained |
| 0:10.0 | even with Azure in their pocket. That blew my mind. Yeah, they're blowing through five, |
| 0:15.8 | 10 million, 10 billion a year in infrastructure and losing a lot of money. |
| 0:21.9 | And that does say something that, you know, they're running out of bandwidth. |
| 0:26.1 | And I saw Jensen Wong, who was talking about Elon standing up this giant cluster. |
| 0:31.6 | So the buildout keeps occurring. |
| 0:33.5 | I do think the interface of chat GPT is superior to any other interface, but the results are not. |
| 0:41.9 | This week in startups is brought to you by Fidelity Private Shares. |
| 0:47.3 | Manage your cap table and data room, get faster, more accurate for 09A valuation, and fully automate your next financing round. |
| 0:55.6 | Visit FidelityPrivate shares.com. |
| 0:58.1 | Mention our podcast and receive 20% off your first year paid subscription. |
| 1:03.1 | LinkedIn jobs. |
| 1:04.4 | A business is only as strong as its people and every hire matters. |
| 1:08.5 | Go to LinkedIn.com slash twist to post your first job for free. |
| 1:12.7 | Terms and conditions apply. And Oracle. Oracle Cloud Infrastructure or OCI is a single platform for |
| 1:20.8 | your infrastructure, database, application development, and AI needs. Save up to 50% on your cloud |
| 1:26.8 | bill at Oracle.com slash twist. All right, everybody. Save up to 50% on your cloud bill at oracle.com slash twist. |
| 1:29.6 | All right, everybody, welcome back to this week in startups. It's Friday. It's November 1st. |
| 1:35.5 | We are but four days from the election. And we're not going to talk about that today. We're going to |
| 1:40.9 | talk about startups technology. So this is a great reprieve for |
| 1:45.7 | all of the who that are white knuckling it to the end of the election, or hopefully if you're a |
... |
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