Wiz passes on Google, Meta pushes open-source AI ahead, Spotify’s earnings, and more! | E1984
This Week in Startups
Pensions, UBI, and Accountability
This chapter examines the shift from traditional pensions to individual-focused retirement plans, comparing U.S. systems with Australia's mandatory superannuation. It also explores a Universal Basic Income study's implications while emphasizing the need for accountability in leadership during a congressional hearing.
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Todays show:
Alex Wilhelm joins Jason to discuss the end of the Wiz-Google deal (5:37), Spotify's performance (13:36), Universal Basic Income (UBI) (27:49), Meta's AI strategy (53:05), and more!
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Timestamps:
(0:00) Jason and Alex kick off the show
(5:37) The end of the Wiz-Google deal
(12:24) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist
(13:36) Spotify's successful quarter
(21:41) Daniel Ek's strategy and Spotify's future risks
(26:57) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(27:49) Universal basic income (UBI)
(38:05) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.
(39:34) Findings and implications from a recent UBI study backed by Sam Altman
(48:22) The efficiency and impact of welfare programs
(53:05) Meta's AI developments
(59:58) Mark Zuckerberg's thoughts on Apple and open source AI
(1:06:50) Predictions for Meta's competitive moves
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Mentioned on the show:
https://ai.meta.com/blog/meta-llama-3-1
https://x.com/rowancheung/status/1815763595197616155?t=1204
https://x.com/eldsjal/status/1815691024473166268?s=12
https://www.axios.com/2024/07/23/spotify-profit-q2-2024-earnings
https://x.com/smilleralert/status/1815372032621879628/photo/1
https://www.openresearchlab.org/findings/entrepreneurship
https://finance.yahoo.com/quote/SPOT
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Follow Alex:
LinkedIn: https://www.linkedin.com/in/alexwilhelm/
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Follow Jason:
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(12:24) AssemblyAI - Get 100 free hours to start building at https://www.assemblyai.com/twist
(26:57) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist
(38:05) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.
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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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