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.
Their wordsAnd I check if there’s demand and if people actually sign up and not just sign up, but if people actually pay money. They need to take out their credit cards, pay me money, and then I can see if the idea is validated.
Their wordsThey could have shipped ChatGPT for example, I heard, in 2019. And they never shipped it because they were so stuck in bureaucracy. But they had everything. They had the data, they had the tech, they had the engineers and they didn’t do it.
Their wordsMan, but this is the problem with AI startups, because they all act like it’s perfect, like this is groundbreaking, but it’s not perfect. It’s really bad half the time.
Their wordsPeople are getting sick of frameworks. All the JavaScript frameworks are so… What do you call it, like wieldy. It takes so much work to just maintain this code, and then it updates to a new version, you need to change everything. PHP just stays the same and works.
Their wordsSo, there’s obviously a monetary incentive here. We want to get a lot of developers to use this technology, and then we need to charge them money, because they’re going to use it in startups, and then the startups can pay for the bills.
Their wordsAnd for society, if we want to save time, we should probably use the technology that’s simple, that’s pragmatic, that works, that’s not overly complicated, it doesn’t make your life like a living hell.
Their wordsIt’s all about training data, and it’s with everything in AI, how good your training data is, in many ways, more important than how many steps you train for, like how many months, or whatever, with these GPUs.
Their wordsI feel the same with VR. It’s really cool. Apple Vision Pro is very cool. It doesn’t really solve something for me yet. And that’s the tech looking for a solution, but one day will.
Their wordsThe tech stack it’s not the most important of a business when you’re starting out a business. The important thing is that you validate that there’s a market, that there’s a product that people want to pay for.
Their wordsif you make people pay for it, you lose 99% of the user base and you lose the crowdsource data. So it’s not fun anymore. It stops being accurate.
Their wordsSo I only look, okay, what’s the next problem to solve? And then the next problem. And at the end you have a whole app or website or thing. But I think most people look way too far ahead.
Their wordsIt’s not about followers anymore. It’s about they test your content on a small subset, like 300 people. If they like, it’ll get tested to a thousand people and on and on. So if the thing is good, it will rise anyway. It doesn’t matter if you have half a million followers or a thousand followers or more.
Their wordsA lot of them will say yes, 25% discount, 50% discount. Because you think the price on the website is the price of the API or something. It’s not.
Their wordsI have GPT-4o and it’s really, really, really, really good. It understands humor. You could say something bad, but it’s like a joke and it’s not offensive so much so it shouldn’t be deleted. It understands that.
Their wordsAnd for me, it’s so obvious to make this automatic, why would you have somebody organize this? It makes more sense to automate it, and this with most of my things
Their wordsSo, in my case, they’re all automated, so I might as well wait three years and I get the same money as when I sell and then I can still sell the same company.
Their wordsSo, I think it’s good to keep working until you die. Just keep working on cool stuff and you shouldn’t retire. I think retirement is bad probably.
Their wordsYou have a meeting with three people and then you get these compromise results, which is very European. I don’t know if they call it polder model where you put people in the room and you only let them out when they agree on the compromise in politics. And I think it breeds averageness.
Their wordsSo, just by shipping it, you change society, you change the legal framework. By not shipping, being scared of the legal framework all the time, you’re not changing things.
Their wordsYou need a space to congregate, man. And I found history on this. So 400 years ago in the coffee houses of Europe, the scientific revolution, the enlightenment happened.
Their wordsSo actually, regulation is very good for big companies because they can follow it. I can’t follow it, right? If I want to start an AI startup in Europe now, I cannot because there’s an AI regulation that makes it very complicated for me.