20VC: Bret Taylor: The AI Bubble and What Happens Now | How the Cost of Chips and Models Will Change in AI | Will Companies Build Their Own Software | Why Pre-Training is for Morons | Leaderships Lessons from Mark Zuckerberg

1156.027 - 1177.273 Bret Taylor

let's start with the high level i really like reid hoffman's framing of this market as foundation models and frontier models so foundation models are any of these large language models that aren't necessarily the best of the best or the higher highest parameter count but particularly now where you have relatively low parameter count models that are meter exceed the quality of say gpt 3.5