The Misguided Drive to Monetize AI

6min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The drive to monetize AI this early in the process is a little bit misguided. I think by primitroning monetizing products, you lose out on the big uplift that you're going to get from mass model users trying it. Unfortunately, capital is not available to everyone easily. Some people can raise capital, some can. Some have to make profit and grind away. Finally, we are doing Foundry Diversity again on starting. July 31st and then October 23rd. It's basically free. You pay 500 bucks if any when you start the program. If you come to all 12 Monday sessions, you can miss one probably. Just ask for forgiveness,. But if you come

This Week in Startups is presented by:

Notion just launched Notion Projects, which includes new, powerful ways to manage projects and leverage the power of their built-in AI features too. Try it for free today at notion.com/twist.

LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to LinkedIn.com/TWIST to post your first job for free. Terms and conditions apply

Fin can’t burn its mouth on hot pizza. Or wave at someone who wasn’t waving at them. Fin can resolve half of your customer support tickets instantly before they reach your team. Meet Fin. A breakthrough AI bot by Intercom – ready to join your support team today. Visit https://intercom.com/fin

Today’s show:

Jason is joined by Vinny Lingham to break down IRL shutting down after faking 95% of users (1:12), ZIRP fraud (12:59), Databricks acquiring MosaicML for $1.3B, and some AI demos! (1:02:31)

Check out Waitroom: https://waitroom.com/

Follow Vinny: https://twitter.com/vinnylingham

Time stamps:

(0:00) Vinny joins Jason

(1:12) IRL's 19M fake users

(5:45) Twitter bots and the fake account problem

(11:50) Notion - Try it for free today at https://notion.com/twist

(12:59) Diligence in early-stage startups

(20:59) Databricks acquires MosaicML for $1.3B

(27:02) LinkedIn Jobs - Post your first job for free at ⁠https://linkedin.com/twist

(33:09) Testing Google’s new generative search

(37:47) Fin - Try Fin, Intercom's new AI customer support chatbot, at ⁠https://intercom.com/fin⁠