This Invest Like the Best episode features Patrick O'Shaughnessy interviewing Chris Pedregal, founder of Granola, an AI-powered note-taking app. The conversation centers on "tools for thought," exploring how technology has historically enhanced human cognitive abilities and how AI represents the next frontier. Pedregal discusses Granola's functionality, its unique approach to meeting transcription and note-taking (no audio storage for enhanced privacy), and the challenges of building in the rapidly evolving AI landscape. He also shares insights on the competitive dynamics between model providers and application builders, emphasizing the importance of user experience and building tools that augment, not replace, human capabilities. A key takeaway is the importance of understanding the context needed for effective AI collaboration and the potential for AI to dramatically improve productivity and decision-making.