20VC: Sequoia's David Cahn on The Winners and Losers in AI | The $0-$100M Revenue Club: Is Triple, Triple, Double, Double Dead? | The Future of Defence: Who Wins and Who Loses | How to Analyse Margins and Growth Rates in a World of AI

In this episode of 20VC, Harry Stebbings interviews David Cahn, a partner at Sequoia Capital, about the current state of AI, reflecting on past predictions and future expectations. Cahn discusses the AI bubble, the importance of physical infrastructure, and the shift from compute production to consumption. He also touches on talent acquisition, the role of vertical integration, and the potential impact of AI on GDP. The conversation explores investment strategies, the dynamics of market cycles, and the balance between short-term gains and long-term vision in the AI landscape, as well as the importance of defense as the next AI frontier.