Final episode on AI and generative AI, including start-up and VC landscape, regulatory & privacy environment and what does the future hold, with answers to such important questions as, can AI kill us? (spoiler alert: yes, it can).



Navigation:



Intro (01:33 )

Start-up and VC Landscape (02:13 )

Open-Source (08:31 )

Regulatory & Privacy Environment (14:31 )

The Future (21:18 )

Conclusion (31:17 )



Our co-hosts:



Bertrand Schmitt, Entrepreneur in Residence at Red River West, co-founder of App Annie / Data.ai, business angel, advisor to startups and VC funds, @bschmitt

Nuno Goncalves Pedro, Investor, Managing Partner, Founder at Chamaeleon, @ngpedro



Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news

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Intro (01:34 )



-- Introduction --



Nuno



Welcome to Episode 44 of Tech DECIPHERED. This is our second and last episode on Artificial Intelligence and generative AI.



Nuno



In the last episode, we introduced AI. We talked about what's happening around generative AI as well as verticals and what the big guys are doing. In this episode, we will go further into what's happening in the startup and venture capital landscape, the open source landscape, the regulatory and privacy environment, and we'll end by talking about whether AI will save all our lives and save the world, or whether it will kill us all.



-- Start-up and VC Landscape --



Nuno



Maybe moving to startups, obviously, there's been a lot of funding into companies that are now at the forefront of some of these big shifts. We talked about stability AI that had raised over 100 million from players like Lightspeed and others. KOTO, I believe as well, that are responsible for stable diffusion. We've seen in the past very well funded startups in the AI space not necessarily then scaling or doing very well. But at the end of the day, there's definitely been a lot of funding. What is the current crux of the matter if you're a venture capital firm and you're looking at this landscape?



Nuno



The crux of the matter is noise. You see all these, "Okay, I'm chat GPT for something, or I'm an app that's going to run on top of existing platforms using generative AI."



Nuno



Generative AI is the new blockchain. It's a new Web3. It used to be in all pitches two or three years back, Web3, tokenization, token economics, et cetera. Now everyone's like, "It has generative AI." My, again, relatively simplistic view of looking at this is I think of it as an app economy. In the same way that we had the launch of the app store in 2008 and we had mobile apps, initially everyone said, "Oh, that's not an app economy. This thing is never going to amount to an economy." It did. We now know that mobile first and mobile app is an economy. We have two proofs of that in this podcast.



Nuno



It is also true that I believe what we're seeing right now is a similar thing to an app economy. This doesn't mean that we're not going to have some significant revolutions around AI and new platforms emerging that everything is going to be based on. I think we will have that as well.



Nuno



But at the same time, when we start seeing people saying, I'm going to use the tools and platforms that exist today to do an application specifically around this, which will be really cool and will take productivity to the next level, most of these will fail, like most apps failed. Some will potentially win.



Nuno