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Dan on why Anthropic's focused strategy has an edge over OpenAI's push across multiple markets: "The TAM is certainly not the problem. Focus is going to be a question mark. I rarely have seen any company succeed trying to go after multiple end markets at the same time. You...

77,162 views • 5 months ago •via X (Twitter)

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Brian sits on the board of Y Combinator. He said the last batch had 175 companies and only 16 of them weren't enterprise. "Here are the reasons I think it's happening. Number one, when ChatGPT came out, people were afraid it was going to kill their business. Number two, the business model is tricky. There is no consumer business model for AI that I've seen. For example, ChatGPT, there's three ways it can monetize subscriptions. Unfortunately, they're probably going to hit a local maximum percentage of users. Ads, they're hitting a local maximum because Claude and Gemini are not going to do ads. And e-commerce, they shut down the third party apps. And so the first thing is you need to have a business model around consumer AI. People are not trained to pay for information. The second problem is distribution is mature. Like the app store. Now again, top three apps in the app Store are AI, so it does prove you have something revolutionary, you'll find your way to the top. The third thing is, while I think Silicon Valley, we like to describe ourselves as rebels. I think it's very trend based and vibe based. And I think the trend is enterprise. Maybe finally the reason people aren't doing consumer companies is that they're just harder. You have to be good at a lot more things. You generally have to be better at design, marketing, culture, press. It's not purely technology and sales. But my prediction is that we're living in the age of enterprise AI, and I think in the next 12 to 24 months you're gonna see the beginning of a consumer AI renaissance. Almost every app on my home screen has not changed since AI, including Airbnb. I think that's gonna change in two years."

Patrick OShaughnessy

285,938 views • 3 months ago

Martin Lewis, founder of MoneySavingExpert. com, on the four things it takes to be really successful, and why the most important one isn't what you'd expect: He opens with a clear framework: "It takes four things to be really successful. Talent, you've all got it, as do many more people than you think. Hard work. If you want to be really successful, you're going to have to work hard. Focus. Zone in on what you're good at." On focus, he pushes back against the idea that you need to be exceptional at everything: "Understand, none of us are unfailingly brilliant at everything. So, find the thing that you're good at and zone in on that. And that is what will create your success." But the fourth factor is where his message turns unexpected: "The most important thing is luck. You can do everything right, but it still not work for you. And you need to know that now." This reframes how he wants people to think about setbacks: "Failing does not make you a failure. Do not judge yourself. See it as a way to learn and to give yourself a better opportunity the next time." Martin Lewis then challenges a common assumption about what success actually delivers: "Success can be stressful. Success is not a synonym for happiness. As you go through your working careers, at sometimes you may want to make a call. Do I continue to push that hard or do I smile at what I've got and enjoy happiness and the other things that life starts to give me?" He closes with a message aimed at those who do make it big: "One or two of you in here will make it really big. If that's you, remember of those four things, the most important one is luck. And that means if you're that super successful one in the room, you have a moral duty to give back."

Big Brain Business

292,025 views • 4 months ago