My First Million

Emmett Shear: Life After Twitch, Jeff Bezos Lessons & AI Doomsday Odds

Sep 11, 2023

01:18:21

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Emmett Shear, ex-CEO & co-founder of Twitch, discusses the potential of AI, the importance of learning from the best, problem-solving, favorite business ideas, and lessons from Paul Graham. They also explore the doomsday odds, Twitch's success, and the difference between good and great people.

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Quick takeaways

AI has the potential to disrupt industries and reimagine consumer experiences through data analysis and video-based systems of record, but responsible regulation is crucial to manage risks.

AI's progress and potential for surpassing human intelligence raises concerns about its self-improvement capabilities and the need for regulations to prevent misuse by malicious actors.

Just like synthetic biology, AI requires robust regulations to ensure responsible use and mitigate potential harm, highlighting the importance of balancing technological advancements with oversight.

Deep dives

The Potential of AI

AI has the potential to rapidly improve and disrupt various industries, including consumer internet companies. Its ability to understand and analyze data opens up new possibilities for reimagining consumer experiences. With advancements in AI, it becomes possible to create video-based systems of record, where videos are the basis of data collection and analysis. However, it is essential to regulate AI and ensure responsible use to mitigate potential risks and dangers.

The Potential of Video Systems in Data Processing and Segment Growth

00:32

creativity and its misconceptions: you can turn on creativity,

04:07

Choosing the user and understanding what they want through interviews

02:38

Bezos: what he’s really good at

01:28

Introduction

3min

The Power of Technology and Preventing a Doomsday Scenario

18min

The prevalence of AI startups and the FIRE movement

4min

Advancements in AI and the Changing Consumer Internet Market

8min

Chat GPT's Predictive Abilities

22min

Uncertainty and Urgency of a Bad Scenario

2min

Artificial Intelligence and its Potential Dangers

4min

The Power of Long-Form Writing

18min

Episode 494: Shaan Puri (https://twitter.com/ShaanVP) talks with ex-CEO & co-founder of Twitch, Emmett Shear (https://twitter.com/eshear), about the potential of artificial intelligence, the value of understanding consumer / users needs, his simple framework for problem-solving, the power of seemingly small ideas that can have a huge impact and lessons he’s directly learned from Silicon Valley greats like Paul Graham and Andy Jassey.

Want to see more MFM? Subscribe to the MFM YouTube channel here.

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com/

Check Out Shaan's Stuff:

• Try Shepherd Out - https://www.supportshepherd.com/

• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant

• Power Writing Course - https://maven.com/generalist/writing

• Small Boy Newsletter - https://smallboy.co/

• Daily Newsletter - https://www.shaanpuri.com/

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Show Notes:

(0:00) Intro

(4:30) Did you always have an insatiable curiosity?

(8:30) How to solve any problem

(13:23) The importance of understanding your customers / users needs

(22:15) Emmett’s favorite business ideas right now

(41:00) Is AI going to kill us all?

(56:50) Was Twitch luck or skill? Will Emmett try to build another unicorn?

(59:00) Lessons from Paul Graham

(1:09:00) What’s the difference between people who are good vs. great?

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Links:

• Twitch - https://www.twitch.tv

• Paul Graham - https://twitter.com/paulg

• Patrick Collison - https://twitter.com/patrickc

• Andy Jassey - https://twitter.com/ajassy

• Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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