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20VC: YC's Daniel Gross on How YC Can Democratise AI & Reduce Incumbency Advantages, Why ML Enabled Software Will Eat The Software That Ate The World & Whether AI Will Produce Independent Companies or Be Technology within Incumbents

20VC: YC's Daniel Gross on How YC Can Democratise AI & Reduce Incumbency Advantages, Why ML Enabled Software Will Eat The Software That Ate The World…

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch


20VC: YC's Daniel Gross on How YC Can Democratise AI & Reduce Incumbency Advantages, Why ML Enabled Software Will Eat The Software That Ate The World…

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

ratings:
Length:
31 minutes
Released:
Aug 21, 2017
Format:
Podcast episode

Description

Daniel Gross is a Partner @ Y Combinator, the world's most successful accelerator with alumni that includes the likes of Airbnb, Dropbox, Reddit, Flexport and many more incredible companies. At Y Combinator Daniel heads up all things YC AI having been a Director @ Apple where he focused on machine learning, as a result of his prior company, Cue (also a YC company) being acquired by Apple in 2013. If that was not enough, Daniel also has one of the valley's most impressive angel portfolios with investments in OpenDoor, Cruise (acquired by GM), Gusto and Github, just to name a few. In Today’s Episode You Will Learn: 1.) How Daniel made his way from YC founder to being acquired by Apple to being YC partner? 2.) How does Daniel respond to the statement that "AI, is in part, a scam"? Why does Daniel believe that the impact of AI has not lived up to the hype? 3.) What are the 3 economies of scale that you have with machine learning when you are a large company? What can startups do to mitigate these incumbency advantages? What does Daniel mean when he says it is his job to "democratize AI"? 4.) Does Daniel believe we will see the rise of "AI companies" or machine learning as a sustaining innovation that existing incumbents use? What is Daniel fearful of with regards to this? 5.) How does Daniel view the potential for business models to be built around AI? Daniel has said "machine learning software will eat the software that has eaten the world". What does he mean by this? How does this play out? Items Mentioned In Today’s Show: Daniel’s Fave Book: Enders Game, High Output Management, What I Talk About When I Talk About Running Daniel’s Fave Blog: Slate Star Codex Daniel’s Most Recent Investment: Rippling As always you can follow Harry, The Twenty Minute VC and Daniel on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Pendo delivers the only complete platform that helps companies create great products. The Pendo Product Experience Platform enables product teams to understand product usage, collect user feedback, measure NPS, assist users, and promote new features in-app – all without requiring any engineering resources. This unique combination of capabilities helps companies improve customer satisfaction, reduce churn, and increase revenue. Pendo is the proven choice of Salesforce, Cisco, Optimizely Citrix, BMC and many more leading companies. Start a free trial at http://go.pendo.io/harry Treehouse is an online school where you can learn how to build websites and apps. Their course library has thousands of hours of content, where you can learn all sorts of topics, including Javascript, iOS, Android and more.  With high-quality video instruction from real industry experts teaching you all you need to know, and quizzes and code challenges keep you engaged and on track. Learn on your own schedule and go from beginner to pro. Go to teamtreehouse.com to start your free trial.    
Released:
Aug 21, 2017
Format:
Podcast episode

Titles in the series (100)

The Twenty Minute VC takes you inside the world of Venture Capital, Startup Funding and The Pitch. Join our host, Harry Stebbings and discover how you can attain funding for your business by listening to what the most prominent investors are directly looking for in startups, providing easily actionable tips and tricks that can be put in place to increase your chances of getting funded. Although, you may not want to raise funding for a startup. The Twenty Minute VC also provides an instructional guide as to what it takes to get employed in the Venture Capital industry, with VCs giving specific advice on how to get noticed from the crowd and increasing your chances of employment. If that wasn't enough our amazing Venture Capitalists also provide their analysis of the current technology market, providing advice and suggestions on the latest investing trends and predictions. Join us so you can see how you can get BIG, powerful improvements, fast. Would you like to see more of The Twenty Minute VC, head on over to www.thetwentyminutevc.com for more information on the podcast, show notes, resources and a more detailed analysis of the technology and Venture Capital industry.