The AI moment, AI vs crypto: a heated debate with Amjad Masad, Flo Crivello, and Nathan Labenz

Amjad Masad (@Amasad), Flo Crivello (@Altimor) and Nathan Labenz (@Labenz) join us for a heated debate on the AI moment. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/zen 

We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

TIMESTAMPS:

(00:00) Preview of the debate

(00:30) Sponsor

(01:00) Nathan introducing our new upcoming AI podcast, The Cognitive Revolution

(03:45) Flo’s take on the AI moment and AGI

(08:20) Amjad’s take on the AI moment

(15:00) Is chatGPT a step function change?

(23:45) AI’s effect on coding

(34:40) Amjad believes AI is underhyped

(35:00) Bounties

(53:15) What AI companies should VCs invest in?

(57:30) Antonio/Flo pre-debate

(01:00:15) “All knowledge work will be automated in 20 years”

(01:01:00) Antonio’s AI skepticism

(01:05:20) the inflection point is a jump in generality

(01:06:00) Who will capture value, incumbents or startups?

(01:14:30) Segue into AI and crypto

(01:20:00) Flo’s crypto skepticism

(01:23:40) Antonio and Flo HEATED DEBATE

(01:26:30) Dan tries to calm everybody down

(01:27:00) Dan’s crypto perspective

(01:29:30) Antonio’s crypto perspective

(01:31:50) Amjad’s Bitcoin maximalist view

(01:34:55) Amjad’s hilarious rant on crypto ponzis

(01:38:00) Dan and Amjad debate Bitcoin/Ethereum

(01:40:00) AI vs Web 3 brawl

(01:52:32) Amjad’s AI predictions

SPONSORS: Beehiiv | NetSuite | Secureframe

Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 to https://Beehiiv.com and use code “MOZ” for 20% off your first three months

-Shopify: https://shopify.com/momentofzen for a $1/month trial period

Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all e-commerce in the US. And Shopify’s the global force behind Allbirds, Rothy’s, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you’re selling, Shopify’s got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/momentofzen

-NetSuite: http://netsuite.com/zen 

NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/zen and defer payments of a FULL NetSuite implementation for six months.

-Secureframe (www.secureframe.com)

Secureframe is the leading all-in-one platform for security and privacy compliance. Get SOC-2 audit ready in weeks, not months. I believe in Secureframe so much that I invested in it, and I recommend it to all my portfolio companies. Sign up for a free demo and mention MOMENT OF ZEN during your demo to get 20% off your first year.