20VC: LLMs Are Reaching a Stage of Diminishing Returns: What is the Next S Curve | The Bull & Bear Case for China's Ability to Challenge the US' AI Capabilities | How AI Changes the Future of War & How Agents Will Reshape Society with Matt Clifford @ EF
This podcast episode explores the significance of Cooley as a global law firm specializing in startups and venture capital. It discusses the current state of AI and the diminishing returns of scaling compute and data for language models. The concept of the flattening of the hype cycle in new technologies, including autonomous cars, is discussed, as well as the importance of companies being able to transition between models for success. The impact of compute power and the Chinese AI ecosystem on the global AI competition is examined. The importance of building great infrastructure to maximize the economic value of AI agents is emphasized. The positive story of technology and concerns surrounding AI regulation are discussed, along with the significance of careful planning and investment in AI development for future growth. The need for directing capital from capital markets towards UK pension funds is highlighted, as well as the impact of AI on warfare and the growing importance of cybersecurity. The relationship between talent, ambition, and career choices is explored, and insights on starting companies and investing in relationships with children are provided.
