In this episode, Jacob sits down with Peter Deng, General Partner at Felicis and former Product Leader at OpenAI, Facebook, and Uber. Peter shares his insider perspective on building ChatGPT Enterprise in just seven weeks and leading voice mode development at OpenAI. The conversation covers everything from why traditional SaaS pricing models are broken for AI products to how evals became the new product specs, the "AI under your fingernails" test for founding teams, and why current agents are massively overhyped.

They also explore how consumer AI will fragment across multiple winners rather than consolidate into a single super app, the coming integration between ChatGPT and apps like Uber, and why voice AI will unlock entirely new categories of applications. Plus, insights on the changing dynamics between foundation models and startups, and what it really takes to build defensible AI companies. It's a comprehensive look at AI product strategy from someone who's been at the center of the industry's biggest breakthroughs.

(0:00) Intro
(1:17) AI Business Models and Pricing Strategies
(7:48) Product Development in AI Companies
(18:36) The Role of Product Managers in AI
(23:06) Voice Interaction and AI
(26:43) AI in Education
(30:39) Consumer and Enterprise Adoption of AI
(33:36) The Impact of AI on Salaries and HR
(40:37) The Role of Unique Data in AI Development
(49:03) Challenges and Strategies for AI Companies
(52:58) The Future of AI and Its Impact on Society
(57:31) Reflections on OpenAI
(58:38) Quickfire

With your co-hosts:

@jacobeffron

- Partner at Redpoint, Former PM Flatiron Health

@patrickachase

- Partner at Redpoint, Former ML Engineer LinkedIn

@ericabrescia

- Former COO Github, Founder Bitnami (acq’d by VMWare)

@jordan_segall

- Partner at Redpoint

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