Managing Partner & Cofounder, Golden Gate Ventures, leveraging Machine Learning to select investments. Student of gradient descent.
Vinod's thoughts on AI: Key Takeaway 1: The impact of AI on various industries is expected to be highly deflationary. As AI automates many tasks and reduces labor costs, prices for goods and services are likely to decrease significantly across sectors like healthcare, content creation, and professional services. Key Takeaway 2: There are still opportunities for AI startups, particularly in niche applications and specialized domains. While large language models may become commoditized, there is potential for domain-specific AI solutions that integrate workflow knowledge and industry expertise. Key Takeaway 3: The cost of using AI models is expected to decrease dramatically in the near future due to competition between major players. This will likely make AI more accessible and ubiquitous, though training costs remain high. Key Takeaway 4: Apple's recent AI announcements demonstrate the company's ability to integrate technology, platforms, and products. This positions Apple well to bring small on-device AI models to consumers and developers at scale. Key Takeaway 5: The upcoming U.S. presidential election has significant implications for the tech industry and AI development. There are differing views in Silicon Valley on regulation and policy approaches, with some favoring less regulation while others are concerned about ethical issues. https://lnkd.in/gG9hSuUy
