More or Less #52: Elad Gil on What to Build in AI (Part II)
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Jun 21, 2024 
Entrepreneur and investor Elad Gil joins the conversation on AI startup exits and potential buyouts. They debate the surgeon general's warning on social networks for kids, explore AI technology adoption, impact on service sectors, regulating technology use, generative AI capabilities, venture capital trends, reflections on deal stories and future innovations.
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Early AI Conviction and Skepticism
- Elad Gil tried pitching an OpenAI competitor after GPT-3's release, but faced skepticism.
- People doubted its business model and the technological leap required.
Current State of AI Adoption
- Enterprise AI adoption is still low, but revenue and usage are skyrocketing.
- The true AI wave may be 2-3 years away.
Diversification in AI Startups
- Dave Morin references Elad Gil's blog post about end-of-cycle diversification in startups.
- He questions how this thesis applies to the current AI cycle.