James Currier (NFX) - How generative A.I. changes the internet, Will startups be able to capture the value, and Will OpenAI succeed

Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands | Technology

Our guest today is James Currier, Founder & General Partner of NFX. VC firm investing in pre-seed and seed stage startups. Some of their investments include DoorDash, Lyft and Outdoorsy. We focus this conversation on maybe the biggest tech trend in 2022 – A.I. How much opportunity is there for startups vs. the Googles and Microsoft’s of the world, which layer of A.I. provides the most value and much much more. Please note we do discuss OpenAI but this conversation was recorded prior to their $10 billion deal with Microsoft. Without further ado, here’s James.

1. What’s the difference between how AI has been viewed in the past / analytical AI and generative AI?
2. What’s the history of generative AI?
3. Why is it a goldrush and receiving lots of hype? Why now in this moment in time?
4. How does generative tech change the internet?
5. Will generative AI change how we think about search and finding an answer? Will it replace Google?
6. How do you build an enduring business based on API on GPT-3 or other AI language models?
7. What will it effects be on the creator economy and artists?
8. Do you see generative tech replacing jobs or devalue jobs?
9. How do you think writing coaches
10. What’s the biggest surprising categories or use case you’re excited about?
11. What’s the advantages of building your own applications off open AI models vs. proprietary? What’s the use case for either?
12. What are the biggest reasons why an generative AI company will succeed vs. fail?
13. How do you analyze companies building using generative tech?
14. What will generative tech do for entrepreneurship?
15. Do you think building an generative
16. What are the various applications to generative AI that haven’t been explored yet that you’re interested in?
17. What’s your recommendation to founders who want to be part of this wave?
18. Since there’s lots of hype of generative tech, what are use cases that you’ve found that doesn’t make sense?
19. How fast are the AI models improving and becoming more accurate?
20. What’s on book that’s inspired you personally and one book that’s inspired you professionally?
21. Acid Dream - history of psychedelic drugs
22. How to Change Your Mind - Nue Life Health
23. Scale by Jeffory West
24. What’s one piece of advice for founders?

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