Anish Acharya
General partner at Andreessen Horowitz (a16z), focused on consumer investing; previously founded SocialDeck, sold to Google, and Snowball, sold to Credit Karma, where he became VP of Product and then GM of its consumer product and credit card business.
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Their wordsit's a funny dark fantasy that we seem to have as, you know, Silicon Valley collectively.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 1st of 20 in this recording
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Their wordsSo, I don't believe that that's going to happen. I do think that model progress is happening faster than ever before.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 2nd of 20 in this recording
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Their wordsSo, I think we might be overestimating how many problems are intelligence bound versus bound by other things.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 3rd of 20 in this recording
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Their wordsSo, I do think that like the most ambitious companies are rethinking everything around the models. And those that are a little less ambitious or perhaps a little earlier are thinking more about how do we give people and existing orgs existing job functions access to the technology.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 4th of 20 in this recording
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Their wordsSo, I think we're going to see this sort of cascading set of everything from a loop per person, loop per job function, loop across entire business units to, you know, loops that can run large parts of the company.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 5th of 20 in this recording
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Their wordsyou know, the loop will help you climb to the local maxima, but then it plateaus. And you need some sort of out of distribution thinking, you need human intuition, you need somebody to actually help you land at the base of the next hill.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 6th of 20 in this recording
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Their wordsI think a lot of PMs are going to realize they're actually not that good at zero-to-one and it's much more fulfilling to work on someone else's good idea than your own bad idea.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 7th of 20 in this recording
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Their wordsUm I think the most useful question to ask yourself as a founder CEO is just, "Hey, if we assume these things are infinitely um intelligent and astonishingly cheap, how would we reorganize the company?" Cuz that's where we're going.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 8th of 20 in this recording
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Our reading
AI models are not commodities, and people who think they are fungible have not actually used them.
Their wordsI think for people who believe the models are commodities or totally fungible, you just haven't actually used the models.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 9th of 20 in this recording
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Their wordsI think that we believe that people want to be more productive, but they don't. I think more people want to spend time than save time.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 10th of 20 in this recording
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Their wordsLenny, in many ways we spent 40 years building a technology that enables better spreadsheets, right? We built this like technology that extends our intellect, but nothing to extend our soul.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 11th of 20 in this recording
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Their wordsHow do we apply these tech this technology to those areas? That's what I want to see more of. And And again, I don't think it's a model or a capability challenge, it's just a product design challenge.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 12th of 20 in this recording
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Their wordsIt kind of unbundles skill from desire. For example, if you want to make music, you can make music now. You don't have to know how to play the piano.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 13th of 20 in this recording
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Their wordsThe most important thing that we can do with AI to change the kind of conversation around it is make important things cheap. There's two things that are extraordinarily important in America that have only gotten more expensive, right? Health care and education.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 14th of 20 in this recording
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Their wordsUm but I think the sort of concept of the model that's too dangerous to release, it it kind of conflates marketing, um inference capacity, and then also economic considerations like do you want to externalize your competitive advantage or use it to make yourself better?
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 15th of 20 in this recording
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Their wordsI mean, I think that the entire trend of human existence has been that our desires grow faster than our ability to fulfill them.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 16th of 20 in this recording
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Their wordsAnd then, I think the other is that we seem to have forgotten that the classic moats, none of the classic moats are based on how hard it is to make the software.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 17th of 20 in this recording
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Their wordsI've learned in that the big ideas are always supported by a dozen small ideas that are invisible. And even if somebody replicates your big idea, they they never see the small ideas that make the big idea work.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 18th of 20 in this recording
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Their wordsI always say that nobody has a growth problem these days, they have a product problem.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 19th of 20 in this recording
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Their wordsI think today we're almost seeing the opposite problem where, you know, an idea that's too small is not something that we want to engage with.
↗Why companies are becoming a series of loops | Anish Acharya (a16z)youtube.com 20th of 20 in this recording
The shading behind a date fills in quarters: said within a month, six months, a year, or three years. Empty means more than three years ago. It says when, not whether it still holds — a change of mind is marked on the claim itself.
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