AGI, The Future of AI Agents And The Next Wave of Opportunities in AI | Richard Socher, CEO, You.com

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The MAD Podcast with Matt Turck 1h 28m 1 speaker 8 chapters transcribed 29 days ago
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What does Richard Socher mean when he says the AI era is like the Industrial Revolution, Renaissance, and Enlightenment combined?

Matt Turck 0:00
Hi, I'm Matt Turk, and today we have a particularly interesting episode of the Matt Podcast with Richard Socher. Now, Richard is easily one of the most accomplished people in the very competitive field of AI with an impressive resume as a serial AI entrepreneur, AI investor, and AI researcher. This is a deeply thoughtful conversation where we covered a bunch of topics from the philosophical to the tactical, including the Jevons paradigm.
Richard Socher 0:26
As intelligence gets cheaper and cheaper, we won't just lose all the jobs that currently require intelligence. The amount of tasks that we believe requires some decent amount of intelligence will just skyrocket.
Matt Turck 0:37
Scaling laws and the past three HGI.
Richard Socher 0:39
Well, nothing grows exponentially forever. It usually flattens out into S curves. But I think we're going to see incredible progress in scaling laws. AI agents. Agents are super exciting. Huge security nightmare too, by the way.
Matt Turck 0:50
The evolution of you.com's business model and his current strategies in AI investing.
Richard Socher 0:55
So I invested in uh these three founders creating this cute company called Hugging Face. I had a beautiful five million dollar valuation and now they're worth like four and a half billion. There's just a lot of processes are gonna get automated in legal, in accounting, in finance, in recruiting, in sales service marketing, and in knowledge work. I wanna make sure that AI has positive impact on the world.
Matt Turck 1:14
Please enjoy this wide ranging episode with Richard.
Richard Socher 1:18
Hey Richard, welcome. Good to see you. Great to see you. Great to be here in your amazing space.
Matt Turck 1:23
You know, each time we we we do this I I I very much enjoy the conversation because um you come at all of this and by this I mean AI from multiple points of view. So uh obviously you're an entrepreneur, uh currently the CEO of U dot com, uh but also come from a deep background in LP research, uh and you're also a fellow uh venture investor as uh uh you know you have your own font AIX uh venture so it's um really interesting to to to hear how you think about um uh the the the the space and may maybe uh you know starting with um some of your uh high level thinking you wrote uh recently a blog post uh that you called the the age of AI um and I have to say that was like at least four weeks before uh Sam Altman published his
Matt Turck 2:13
his own manifesto on the intelligence age. Uh but uh can can you unpack you said that the age of AI was a uh combination of industrial revolution and the Renaissance age. What what did you mean by that?
Richard Socher 2:25
Yeah, I think uh anti enlightenment. I think uh the age of AI, and you know, you often wonder if you can predict sort of your age in the moment, right? Versus like you look back at it. But it does feel like similar to uh the Renaissance, there's just a new uh uh excitement uh around research and similar to enlightenment, there's a new way to gather knowledge. uh and to summarize knowledge and to categorize it uh and to increase the amount of knowledge, increase the number of people that understand uh more complex scientific uh things and uh work on finding new kinds of information. And then of course uh it's a mix uh of also the industrial age in that uh it's a new level of productivity that we have.
Richard Socher 3:14
You know, 150 Years ago, over 90% of people worked in agriculture. It's so hard for us to believe now, right? And if you had told those people, there's going to be these big machines. And if you stand in the way of that big machine, it will just crush you to death. But those machines are going to take 80-90% of all your jobs. Only 5% of you are going to have to work in food and agriculture. And we are still going to have an abundance of food in the Those same countries, people would have been like, that's crazy. Like, no way that can happen in like uh the next hundred years. And so that level of productivity, I think, makes humanity overall much more interesting. Like when we don't think 90% of us think every day about how to just work manually in fields, like we get to do a lot more interesting work, and that changes the human condition entirely.

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