35 korrents from this recording
Every claim below is a statement made in this recording, quoted word for word and linked to the second it was said, so you can hear it rather than take our word for it. The wording comes from the transcript published alongside the recording; the sentence above each quote is our reading of the claim, not their wording.
0:02:29 · watch on youtube.com↗
Their wordsMost CEOs, when you get to that level, have like teams of people that are managing teams of people that are trying to implement the thing and they're trying to like make you happy and they're trying to like, you know, smooth the rough edges. I think it's very hard to get the feel if you're not actually doing the thing.
0:03:09 · watch on youtube.com↗
Their wordsI think there are some things that are very anti -AI. Like the better AI gets, the more some businesses that have nothing to do with AI, I think will be harder to compete with because we'll really want these like authentic non -technological experiences or we'll care more about sports teams or whatever.
0:04:34 · watch on youtube.com↗
Their wordsBut I think it means we've all been too ambitious on timelines. And even with this incredible technology, I think AI is one of the most incredible technologies humanity has ever invented. Society and the economy will adapt more slowly.
0:05:35 · watch on youtube.com↗
Their wordsAnd, you know, like that is an example that has stuck in my head of like force of habit and the way people do things and changing behavior. It's just much harder than like the tech nerds realize.
0:08:38 · watch on youtube.com↗
Their wordsAnd I feel like we are now in a world where we have all of the technological pieces, but we have not had the iPhone moment of like completely changing how someone interfaces with technology.
0:10:05 · watch on youtube.com↗
Their wordsthe most important thing that we can do is to create smart models and to be able to run them efficiently and abundantly for a lot of people. If we can get that right, I believe that everything else will follow.
0:12:13 · watch on youtube.com↗
Their wordsWhere, you know, your best investment will outperform all of your other investments put together. Your second best investment will outperform everything else put together after that. And AI research, at least, is like that as well.
0:12:55 · watch on youtube.com↗
Their wordsthis point of high risk bets are okay. As long as you take the ones where if they work, it's super valuable. And research looks this way.
0:13:07 · watch on youtube.com↗
Their wordsThe kind of people that make great researchers are sort of non -consensus, fresh approach, high energy, sort of non -standard is the word that keeps coming to mind people.
0:14:01 · watch on youtube.com↗
Their wordsLike, it's very clear to me when you have someone who just thinks differently than most other people and has, is willing to stand by convictions that are very unpopular, may well be wrong, but if right, like, at least they're going to be really right.
0:15:15 · watch on youtube.com↗
Their wordsThere were a lot of researchers that would chase whatever the last thing was that worked. And there were a small number of researchers that had high conviction towards a new idea. And I think we were and are the best research lab for those people.
0:21:10 · watch on youtube.com↗
Their wordsBut as an investor, you kind of watch all the crux moments. So you don't get the kind of like operating practice that you do just day in and day out running a company. But you've seen a lot of the like big crux moments a lot, kind of all day long you see those.
0:23:03 · watch on youtube.com↗
Their wordshaving done both, I think I can say it's like much, much, much harder to run a company than being an investor.
0:25:43 · watch on youtube.com↗
Their wordsBut now the fact that we can have AI go discover new physics and cure diseases and what it's already doing for math, like I think this is, I think this will be one of the most important areas, even more important than automation of other tasks that AI can do just to help us understand more things.
0:28:54 · watch on youtube.com↗
Their wordsBut for me, it's just like I think humans are going to always be drawn to humans. I really deeply believe that.
0:29:49 · watch on youtube.com↗
Their wordsThis is why I think like the world is on the whole not going to be that different, even with super intelligence. Like people are still going to be very fundamentally wired to care about other people, to want to be around.
0:30:20 · watch on youtube.com↗
Their wordsmaybe the two big risks that i'm most worried about with ai which are a little bit in tension one is like a a loss of control where you know ai somehow just becomes too powerful in a way that we can't guarantee control and the other is power gets too centralized where you have you know one company or model or person with too much power
0:32:42 · watch on youtube.com↗
Their wordsthey're like you know we should trade off a lot of liberty for safety here because this is unlike other risks we've seen but then i think that also ends up kind of like um a way to justify a lot of power -seeking behavior
0:33:25 · watch on youtube.com↗
Their wordsthe part of the doomers that i agree with is this is a powerful technology and we should err on the side of side of safety and we should act with caution at each level of technology the part of the doomers that i don't agree with is that it's an unsolvable problem
0:34:21 · watch on youtube.com↗
Their wordsa lot of good things have happened and the kind of crazy bad predictions of the world ending have not happened so i think that should update people's predictions about the future
0:34:48 · watch on youtube.com↗
Their wordsput things out into the world get feedback from real customers see where they break see where they don't break that is the way you make a good product that is also the way you make a safe product
0:36:01 · watch on youtube.com↗
Our reading
AI safety probably gets harder from here, but it will not be solved by disconnecting from reality.
Their wordsi do think it gets harder from here but i don't think you're going to solve it by disconnecting yourself from reality
0:37:17 · watch on youtube.com↗
Their wordsthey have extremely robust accident reporting extremely clear -eyed you're never they never try to like you know hand wave over something they want to extract as much information as possible and in some sense i think with any new technology an approach like that works very well and is often underappreciated
0:41:29 · watch on youtube.com↗
Their wordsLike we have not as a field done a very good job of explaining to people what the benefits are and how the downsides can be mitigated.
0:41:48 · watch on youtube.com↗
Their wordsThere's been very little discussion from people about how and why it's important that people have more power and personal freedom in the world, not less. And that matters a lot to most people.
0:42:54 · watch on youtube.com↗
Their wordsreally empowering people to go do new stuff and to push on the things they believe in and to have the freedom to create companies and invent technology and sort of pursue ideas and like the system around that that makes that happen. There is like nothing I believe in more strongly.
0:43:54 · watch on youtube.com↗
Their wordsAnd we are about to see the greatest boom in people starting smaller businesses that we have ever seen. I think AI is empowering that.
0:47:20 · watch on youtube.com↗
Their wordsSo I think we've focused correctly so much on model intelligence that on the product side, we have not yet thought enough about what it means to give a model more context than any person could have and help advise that person on, on their big decisions.
0:47:53 · watch on youtube.com↗
Their wordsThere are plenty of like very smart people, but there is no one that can read like, you know, tens of thousands of pages of context in some small number of seconds and really like use that accurately. And this is something that AI can do that just is going to be very new and an incredible supplement.
0:51:10 · watch on youtube.com↗
Their wordsI don't think we should go build every product category. I don't think we should like go try to compete with all our customers. I don't think we should try to like subsume the entire economy.
0:51:47 · watch on youtube.com↗
Their wordsYeah, I think killing the good ideas, like sacrificing the good ideas to go after the great ideas is kind of the hardest lesson for any entrepreneur or business to learn.
1:00:26 · watch on youtube.com↗
Our reading
Among YC founders, moving fast and being iterative correlates astonishingly well with success.
Their wordsi'm astonished looking back at all of my data points of yc founders over the years how much the ability the like moving fast and being iterative correlates with success
1:03:24 · watch on youtube.com↗
Their wordsi think the changes that yc induced in the whole ecosystem you know more leverage going to founders young technical founders having the ability to raise lots of capital um the ability to sort of like work on ambitious things without a very proven resume i don't think opening it would have been possible
1:05:13 · watch on youtube.com↗
Their wordsthe lessons i learned from success were very good and i should have applied those more and the lessons i learned from failure were either fairly generic and i kind of already knew them or got in the way of something else
1:07:09 · watch on youtube.com↗
Their wordsbut i think it is better to be reminded of the thing like talk to your users more you know ship products earlier get more feedback um hold a higher bar for who you recruit and who you hire and more quickly