This chapter discusses the impact of AI on investments, focusing on companies that are AI-native and those that are transitioning to become AI-native. It covers the evolution of AI technology, the incorporation of AI into existing workflows, the potential of chat as a dominant system of engagement, the concept of AI agents uncovering unknown intentions and goals, the various layers of the AI stack, and the significance of moats at each layer.
Clara sits down with Jerry Chen, a partner at venture capital firm Greylock, to talk about how AI changes traditional technology moats and the importance of trust in the business of AI