Brad Lightcap, former CFO of OpenAI, recounts the evolution of AI from 2018 to the present, highlighting key phases: the scaling period, the chatbot era, and the current agent phase. He notes the industry's shift from sci-fi speculation to practical commercial applications, emphasizing AI's potential for individual empowerment, citing the example of a person using GPT-5 to develop a treatment for his dog's cancer. Lightcap addresses concerns about AI replacing jobs, particularly in software engineering, arguing that it will instead increase demand and transform job roles. He stresses the importance of focusing on improving models and research while encouraging startups to identify underserved problems and build specialized solutions.
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