The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Why No Models Today Will Be Used in a Year, Why Open Will Always Beat Closed in AI, Why Proprietary Data is Less Important Than Ever And Why EU AI Regulation is a Disaster with Alex Lebrun, Founder & CEO @ Nabla

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Jun 19, 2023
Alex Lebrun, Co-founder and CEO of Nabla, dives into the world of AI innovation. He shares key lessons from his time at Facebook, especially how Mark Zuckerberg prepares for negotiations. Alex argues that open AI models will always outperform closed ones and critiques the notion that proprietary data is crucial for success. He also addresses the challenges startups face against incumbents in the AI race and discusses the impact of EU regulations on the future of AI in healthcare. A fascinating blend of insights for anyone interested in AI and entrepreneurship!
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ANECDOTE

Early Chatbot Challenges

  • Alex Lebrun's first company, 22 years ago, built customer service chatbots.
  • Early chatbot interactions revealed the difficulty of AI, highlighting the long road to market readiness.
INSIGHT

Continuous AI Progress

  • While the public perceives AI advancements as sudden leaps, progress is continuous.
  • ChatGPT's underlying technology, large language models, has been in development for years.
INSIGHT

LLMs: A New Infrastructure

  • Dismissing AI applications as mere layers on foundational models is inaccurate.
  • LLMs are new infrastructure with evolving rules, presenting both challenges and opportunities.
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