Matt Turck (VC at FirstMark) joins the show to break down the most controversial MAD (Machine Learning, AI, and Data) Landscape yet. This year, the team "declared bankruptcy" and cut over 1,000 logos to better reflect the market reality: a "Cambrian explosion" of AI companies and a fierce "struggle and tension between the very large companies and the startups".
Matt discusses why incumbents are "absolutely not lazy" , which categories have "largely just gone away" (like Customer Data Platforms and Reverse ETL) , and what new categories (like AI Agents and Local AI) are emerging. We also cover his investment thesis in a world dominated by foundation models, the "very underestimated" European AI scene , and whether an AI could win a Nobel Prize by 2027.
https://www.mattturck.com/mad2025
