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Alex Rampell on why AI is still underhyped and how it will diffuse inside companies. “Not to oversimplify human behavior, but it’s, ‘I want to be lazy and I want to be rich.’” “There’s somebody at every big company who has figured out, ‘I can do something in one...

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a16z GP Alex Rampell explains the death of the middle in venture: “You either have to be a large generalist or a small specialist. And the hard thing is to be a midsize generalist because then you're largely going to lose to the big generalists or the small specialists.” “If I'm just like, ‘Hey, I kind of do a little bit of everything and I don't really know that much about your business, and I'm not that big and can't help you that much,’ it's just you're gonna lose.” Source: Alex Rampell on The Twenty Minute VC with Harry Stebbings

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It used to be that reaching across the aisle wasn’t just okay, it was expected. Some people in Washington forgot that. I never have. That’s why I worked with Democrats to expand mental healthcare for veterans and with President Trump to take on big health insurance and drug companies to lower your costs. Working across the aisle isn’t always easy, but it’s how you get results.

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Alex Karp says AI companies don't understand the world is zero-sum. "[Silicon Valley companies] do “think it’s zero-sum: they think it’s zero-sum versus each other.” "They absolutely are fighting. It's my own rhetoric, but I happen to think it's true: it's going to be chips ontology, and I suspect, in the end, one-and-a-half providers." "They pretend they don't think it's zero-sum, but then ask them how they feel about their competitor... these people are fighting very, very hard for the dominant position." "What they don't understand is that in the world, it's zero-sum. But I actually think the primary issue in the valley is it's going to be zero-sum vis-à-vis you." "When politicians figure out this is the one winning issue, it's going to be zero-sum. It's going to be your money and your company being zero-sum nationalized. So that's the part they don't understand." "It seems to be very hard in this culture... to explain to people that we're in a competitive environment, because things here are so good. They don't understand how different it will be; and how much we will change; and how much the pressure will be on America, not just legally, but militarily and culturally, if we fall behind." Palantir Katherine Boyle
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Rapid Response 47

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PabloReports: Are AI companies too big to fail at this point? AOC: No. I don’t think AI companies are too big to fail. No company should be too big to fail in America, because if all these folks who pride themselves in being capitalists should know it is that government should not be bailing out these corporations. What we should be doing is protecting everyday people from the recklessness and the dangerous decisions that these oligarchs are making. If you have someone that is worth hundreds of billions of dollars, they can take the hit. But people’s pensions and people’s retirements should not be on the line because of the gambling of a handful of people in either San Francisco or Wall Street.

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The consumer is already the agent, but it's a very inefficient AI. We set price alerts, wait, then buy. AI will complete the loop by monitoring and buying all on its own. Alex Rampell (Alex Rampell): “This is the easiest form of predicting the future ever.”

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JPEGMAFIA is claiming the throne as the king of experimental rap, which is why he named his next album ‘EXPERIMENTAL RAP.’⁠ ⁠ “I’m already the best in this space of experimental rap. There’s no one who competes with me. People cannot do what I do,” he tells P&P. “So me naming it ‘Experimental Rap’ is just me laying claim to something I already had.”⁠ ⁠ “Other people in this genre, they want to pretend and try to be cool and be like, ‘I don’t want to be experimental rap. I want to be something else. I want to f**king rap like Lucki. I want to make songs that the young people make,’” he adds. “I’m not having a midlife crisis, musically, so I don’t really need to do that. I can just be myself, and I let other people try to figure out who they are at 40 or whatever.”⁠ ⁠ Our full interview with JPEGMAFIA is coming soon.

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TBPN

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katsu

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Costco is immune to AI. We did an entire a16z pod on all the ways AI WILL disrupt commerce, and the businesses that are at risk - but this is my favorite clip. Alex Rampell on why Costco is "the greatest company in the world" ⬇️

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