Invest Like the Best with Patrick O'Shaughnessy Gaurav Misra & Dwight Churchill - Building Captions - [Invest Like the Best, EP.405]
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Jan 7, 2025 
Gaurav Misra and Dwight Churchill, co-founders of Captions, discuss the exciting world of AI-powered video generation. They tackle the difference between bounded and unbounded AI problems, providing insights into creating sustainable businesses. The duo reveals that Hollywood-quality video generation could be just 18 months away and explains how their unique data flywheel contributes to rapid growth. They also highlight that building advanced AI products doesn’t necessarily require large teams, opening doors to innovations in the tech landscape.
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Data's Importance in AI
- AI's recent progress boils down to training larger models, enabled by better hardware and architectures.
- Data is key, and companies need sustainable sources to train increasingly larger models, especially for video.
Bounded vs. Unbounded Problems in AI
- AI companies differ: some tackle unbounded problems like general intelligence, while others solve bounded problems like video generation.
- Media generation, unlike AGI, creates depreciating assets, potentially reaching a 'good enough' point where it becomes a software business.
Timeline for Realistic Video Generation
- High-quality video generation, like Hollywood-level CGI, is a solved problem; AI makes it cheaper and more accessible.
- Realistic video generation could be just 12-18 months away, given the rapid advancement of video models like Sora.