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Willem Ave

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
479 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And what does that do to my tips?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

on Thursdays or whatever, I don't want to discount how well they know their businesses.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So there's very specific things they want to find out to help them run a better business.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And I think the interesting next step is how we can be more proactive and proactivity for suggesting things that they may not be thinking about.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And this is also when you combine these large language models with tool use.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Right.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

You can actually get very grounded, correct things to help them understand what's happening.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And that's like a really key investment area for both us and most of the industry.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

This is part of the art of building, I would say, products in today's age, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So there's a few things like kind of when first ChatGPT first came out and a lot of these large language models came out, there was a lot of quote hallucination, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

You would ask these things, they'd just be like blatantly not true.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

The real innovation, in my opinion, is one, yeah, they've gotten better at pre-training and better kind of data inputs.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

But the second really is that we've taught, you know,

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

basically these large language models to do better agent loops.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

This is one of the reasons why Gemini and ChatGPT are much better now is that they integrate search data.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

They can enrich their context with actual data from tools.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

If you think about the specific example on Rainy Day Tips,

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

What we do is we have an MCP ecosystem that we connect our AI tools to, and there's a weather MCP effectively, and there's a data warehouse that these language models actually write real SQL against.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

It's like as deterministic as possible.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And then basically you can kind of reason through it that, you know, get the rainy days, those are actual days.