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Elad Gil on startup fundraising in 2023, his bold predictions for Silicon Valley, AI market map, energy and the politics of nuclear power, and how he finds the smartest builders
The Aarthi and Sriram Show
Where Do You See Value Accruing?
I think I would kind of split. There's basically three real potential future worlds for the API layer. One world, it's TSMC, Taiwan, semiconductor, cork and all the value aggregates to one player with an enormous scale. The second view of the world is that it's an oligopoly market where multiple players competing with each other. And then a third view says well, we're going to scale doesn't matter because cost won't keep going up. We'll create entirely new categories for legal and accounting and medicine and all these things. But there will be some apps that incorporate this stuff in a rich way.
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