Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Jake Loosararian

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

That's been the biggest growth areas for our company.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

It's just been these large energy companies and power companies.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

They're trying to figure out, okay, all of these...

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

all these hyperscalers are trying to figure out how to get infrastructure.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

They're focusing on CapEx a lot, right?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Well, what if we started to play a game where, you know, we have access to these problems, to these really, you know, these GDP driver companies.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

What if we actually took an AI native, or in our case, what we've seen a lot of companies be is like, how do you robot native first?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

to support the AI initiatives by injecting and taking a very aggressive approach in how to implement and put robotics to use to help build up the data infrastructure to then layer on AI models.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And so that's at the heart of what GEICO does.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

That's why I started this company 13 years ago with this premise of data matters as it relates to being able to have all the gains that you see in software.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

That's right.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

We build the robots and the sensors that go around and look at diagnosing the health of the built world.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

That means just like understanding and getting the largest inventory and database of information about the health of built structures, bridge, dams, submarine, whatever it is.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Now, along that journey, you're able to figure out that if you centralize all that information and data and then layer on top of that operational data, which exists, you know,

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

for the most part, is a decent infrastructure of sensor data at these companies.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Well, wow, you get to make some pretty interesting decisions because you can figure out how to extend the useful life of an asset.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And if I push an asset harder, can I produce more?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

My focus is how do I help to create cleaner as well as more barrels per day and at lower costs.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Robots should be dedicated to figuring out how to solve for the business problem, what is the fundamental business problem that the customer is trying to solve for.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

If it's making a barrel or making a kilowatt or getting a ship out of dry dock faster, that is our initiative and our goal as a company to build robotic solutions towards that.