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Ravi Gupta

๐Ÿ‘ค Speaker
314 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

But I don't think it's crazy if the AIs turn out to be as powerful as we think. And then the much less intense version that I think is very real is anything you have that prevents you from embracing change right now is a huge limiter. It's a huge limiter if it's a lot of people in your organization, if it's adherence to a quarterly earnings that you've committed to.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

But I don't think it's crazy if the AIs turn out to be as powerful as we think. And then the much less intense version that I think is very real is anything you have that prevents you from embracing change right now is a huge limiter. It's a huge limiter if it's a lot of people in your organization, if it's adherence to a quarterly earnings that you've committed to.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

if it is unwillingness to make a change. If this is changing as fast as I think it is, and I think the people that run these companies say it is, anything that reduces your agility is a massive problem.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

if it is unwillingness to make a change. If this is changing as fast as I think it is, and I think the people that run these companies say it is, anything that reduces your agility is a massive problem.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I love the word choice, to respect it. So the first thing, I guess, to be very honest, was I talked to Avni about what are we doing to educate our kids. If this is true, my first thought was not, what does it mean for businesses? It means, what does it mean for our family? What does it mean for the kids?

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I love the word choice, to respect it. So the first thing, I guess, to be very honest, was I talked to Avni about what are we doing to educate our kids. If this is true, my first thought was not, what does it mean for businesses? It means, what does it mean for our family? What does it mean for the kids?

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

What is the right way to teach them in a world where the tools that are going to be available to them are going to be totally different? We realized that I don't think that there's actually skills that I can teach them. There's behaviors, there's feelings, there's approaches. And so what we got to was some version of we got to make sure that they're ambitious. We got to make sure they're curious.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

What is the right way to teach them in a world where the tools that are going to be available to them are going to be totally different? We realized that I don't think that there's actually skills that I can teach them. There's behaviors, there's feelings, there's approaches. And so what we got to was some version of we got to make sure that they're ambitious. We got to make sure they're curious.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

We got to make sure they're resilient, adaptable, and they're high agency. I think the reason that that then dovetailed with like what have changed now, I was sort of like, that's the same thing you have to be if you're like at a company. You actually need the exact same things. And you and I have talked about this separately. And I think you've added a couple to that, which we should go through.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

We got to make sure they're resilient, adaptable, and they're high agency. I think the reason that that then dovetailed with like what have changed now, I was sort of like, that's the same thing you have to be if you're like at a company. You actually need the exact same things. And you and I have talked about this separately. And I think you've added a couple to that, which we should go through.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

Those same behaviors are going to have to exist in the company. Specifically, what have I done personally is I try to use it more for real work. I had dinner with somebody recently, and I hope he's not listening because of the setup I'm going to give you. But it was with a company, somebody who was on the board of a company that I didn't know that much about.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

Those same behaviors are going to have to exist in the company. Specifically, what have I done personally is I try to use it more for real work. I had dinner with somebody recently, and I hope he's not listening because of the setup I'm going to give you. But it was with a company, somebody who was on the board of a company that I didn't know that much about.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I was not well prepared for the dinner and it was somebody who I wanted to make sure I had a productive conversation with. And there was 20 minutes before I was going to go to the dinner and I prompted the model, the latest model, the $200 a month one, which I know sometimes people just don't want to do that because $200 a month is a lot of money.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I was not well prepared for the dinner and it was somebody who I wanted to make sure I had a productive conversation with. And there was 20 minutes before I was going to go to the dinner and I prompted the model, the latest model, the $200 a month one, which I know sometimes people just don't want to do that because $200 a month is a lot of money.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

It is, but it's not a lot of money when you think about relative to like seeing the future. I mean, that's literally what they're offering you right now. So I put in, I said, I am a sophisticated investor. That was a very generous term for myself. I have a dinner in 20 minutes. I am not prepared for this dinner.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

It is, but it's not a lot of money when you think about relative to like seeing the future. I mean, that's literally what they're offering you right now. So I put in, I said, I am a sophisticated investor. That was a very generous term for myself. I have a dinner in 20 minutes. I am not prepared for this dinner.

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

And I'd like to understand deeply what this company does in a way that I can understand within 10 or 15 minutes. I'd like to understand these four or five things And I'd like to have some good ideas for this person for what they could do. And are my instructions clear? And I use deep research. And he said, no, can you tell me these four or five things?

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

And I'd like to understand deeply what this company does in a way that I can understand within 10 or 15 minutes. I'd like to understand these four or five things And I'd like to have some good ideas for this person for what they could do. And are my instructions clear? And I use deep research. And he said, no, can you tell me these four or five things?

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I told it four minutes of thinking and it came back and I read it on the way to the dinner and we had a great dinner. This person thought that I knew what I was talking about. That is a pretty different use than can you summarize this email for me?

Invest Like the Best with Patrick O'Shaughnessy
Ravi Gupta - AI or Die - [Invest Like the Best, EP.411]

I told it four minutes of thinking and it came back and I read it on the way to the dinner and we had a great dinner. This person thought that I knew what I was talking about. That is a pretty different use than can you summarize this email for me?