20VC: Foundation Models are the Fastest Depreciating Asset in History, Lina Kahn is a Threat to American Capitalism, PE is Not Coming to Save the M&A Market & How China Could Overtake the US in the AI Race with Michael Eisenberg
This podcast episode explores the complex dynamics of AI investing, highlighting the dual nature of AI as a transformational technology and a financial gold rush. The speakers discuss the challenges posed by minute-to-minute updates in financials and stock markets for AI training models, the investment landscape of AI, and the potential disruption of horizontal SaaS processes by AI. They also delve into the value extraction in providing efficient AI-based services, the rise of defense industries, the shift towards investing in hard tech, and the challenges faced by SaaS companies due to the rise of AI. The importance of moats and competitive advantage in venture capital, as well as the significance of analyzing competitive advantage and sustainable growth in TVPI land, are also discussed. The section concludes with insights into entrepreneurship, scaling, and the importance of embracing challenges. Overall, the podcast episode provides a comprehensive exploration of AI investing, the potential impact of AI on various industries, and the considerations involved in making investment decisions.
