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The Battle System Isn't Going to Replace Employment
The bounty system is one of the parts of Web3 that totally doesn't fucking work. Most coders who make lots of wealth, it's neither one nor the other. I do believe it's going to take over like me told by Diddle,. It's going to nibble on the mountain for very low and big U.D. tasks.
Amjad Masad (@Amasad), Flo Crivello (@Altimor) and Nathan Labenz (@Labenz) join us for a heated debate on the AI moment. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/zen
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
TIMESTAMPS:
(00:00) Preview of the debate
(00:30) Sponsor
(01:00) Nathan introducing our new upcoming AI podcast, The Cognitive Revolution
(03:45) Flo’s take on the AI moment and AGI
(08:20) Amjad’s take on the AI moment
(15:00) Is chatGPT a step function change?
(23:45) AI’s effect on coding
(34:40) Amjad believes AI is underhyped
(35:00) Bounties
(53:15) What AI companies should VCs invest in?
(57:30) Antonio/Flo pre-debate
(01:00:15) “All knowledge work will be automated in 20 years”
(01:01:00) Antonio’s AI skepticism
(01:05:20) the inflection point is a jump in generality
(01:06:00) Who will capture value, incumbents or startups?
(01:14:30) Segue into AI and crypto
(01:20:00) Flo’s crypto skepticism
(01:23:40) Antonio and Flo HEATED DEBATE
(01:26:30) Dan tries to calm everybody down
(01:27:00) Dan’s crypto perspective
(01:29:30) Antonio’s crypto perspective
(01:31:50) Amjad’s Bitcoin maximalist view
(01:34:55) Amjad’s hilarious rant on crypto ponzis
(01:38:00) Dan and Amjad debate Bitcoin/Ethereum
(01:40:00) AI vs Web 3 brawl
(01:52:32) Amjad’s AI predictions
SPONSORS: Beehiiv | NetSuite | Secureframe
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Listen to the best highlights from the podcasts you love and dive into the full episode