The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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
Bret Taylor
When you look at how much Amazon disrupted commerce, how much consumer payments have been transformed by digital technology, it took a few waves of technology like smartphones and NFC to really fully realize that vision. A huge percentage of the gains in the stock market over the past 30 years have more or less been these digital companies created in the dot-com bubble.
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