In a live recording from a16z's 2025 LP Summit, Chris Dixon and David George discuss the current state and future potential of crypto and generative AI. Dixon highlights the progress in crypto infrastructure, particularly stablecoins, while acknowledging regulatory setbacks. The conversation shifts to AI, exploring its second-order effects on media and business models, and the potential for new, native forms of media. They analyze the impact of AI on established business models like Google's search and debate the importance of network effects and brand in creating defensible AI companies. The discussion also covers the need for new business models that address the changing dynamics of content creation and distribution in the age of AI, and the qualities that define successful founders in this evolving landscape.
