Matt Cynamon, an AI project lead at Union Square Ventures, discusses the innovative AI operating system he's building for the firm. He highlights tools like 'The Librarian,' a chatbot trained on vast blog content, and 'Portfolio Tracker,' which analyzes investments. Their new meeting notes tool enhances discussions by extracting actionable insights. Matt also shares his excitement about 'The Dream Machine,' a unique project transforming words into art, and emphasizes how AI is revolutionizing both venture capital and creative processes.
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Quick takeaways
Union Square Ventures is implementing a constellation of AI tools to synthesize the firm's collective wisdom and enhance decision-making.
Matt Cynamon's journey exemplifies how personal curiosity in technology can redefine one's professional role within an innovative environment.
The development of AI tools like 'The Dream Machine' highlights the potential for technology to merge creative expression with collaborative storytelling.
Deep dives
Embracing AI Prototyping
The speaker expresses excitement about the potential of using AI to create prototypes, highlighting a culture of experimentation within their workplace. They share an anecdote about a fascinating meeting with filmmaker Chad Hurstwit, where the process was shared in a podcast format, demonstrating the importance of capturing innovative discussions. The philosophy of turning ideas into tangible products is emphasized, with a focus on the accessibility of technology to foster creativity. This mindset marks a shift towards actively making things rather than simply discussing them, reflecting a broader trend of blending creativity with technology.
Origins of an AI Enthusiast
The individual describes their journey into becoming the 'AI guy' at Union Square Ventures (USV), initially beginning in a talent-focused role, but always nurturing a curiosity for technology. They recount sharing creative AI experiments via email with colleagues, such as generating fake movie trailers using chatbots. A turning point occurred during conversations with partners at USV, which led to a full-time focus on AI projects and fostering an environment where playful experimentation is encouraged. This transition illustrates how personal passion and professional opportunities can intertwine to redefine one’s career path.
The Power of Tinkering
The discussion emphasizes the significance of a tinkering mindset when working with AI tools. The individual shares personal anecdotes about learning and creating simultaneously—like writing a musical with ChatGPT—which demonstrates AI's role as a creative assistant rather than a replacement for human skill. They argue that modern AI tools allow users to bridge the gap between initial explorations and technical skill acquisition, empowering them to undertake projects they may have previously felt unqualified to attempt. This real-time learning and creative iteration reshapes traditional notions of education and skill development.
Innovative Internal Tools
The speaker reveals the development of various internal AI tools at USV, particularly focusing on a chatbot named 'the librarian' designed to assist with research and meetings. This tool leverages the firm’s extensive written history to provide context on potential investments and enhance knowledge sharing among team members. Their approach has evolved from building monolithic applications to creating various focused tools that serve specific needs, further enabling collaboration and innovation. As conversations around investments and strategies continue to grow, these tools are becoming integral to USV’s workflows, allowing rapid access to collective knowledge.
AI-Driven Storytelling
An advanced AI visual tool, known as the 'dream machine,' illustrates the intersection of technology and creative expression by generating real-time visuals based on conversations. This setup showcases how the AI reflects the internal states of the speakers, resembling storytelling through imagery, and embodies a native AI art form. The individual explains the significance of creating engaging narratives using this technology, which merges visual art with dialogue. They stress the importance of utilizing such tools to enhance creative output and inspire others to bring their ideas to life through innovative means.
Union Square Ventures is building an AI operating system to support their investment team.
But it’s not what you think: It’s a constellation of AI tools that captures and synthesizes the firm's collective wisdom. It’s evolving every day, and Matt Cynamon is the mad scientist in charge
Matt calls himself a “regular” at USV. In practice that means he’s responsible for running experiments with AI for the firm. As an inherently curious person with the professional obligation to tinker, he’s built a suite of tools for the firm, including:
The Librarian, a chatbot trained on around 15,000 articles from USV’s blog
Portfolio Tracker, a GPT that analyzes the investments made by the firm
Meeting Notes, a tool that makes it possible for team members to interact with meetings
I sat down with Matt to talk about how AI is enabling him to bring his ideas to life as a generalist, get demos of the tools listed above, and exchange notes on all the other projects he has in the works at USV. We edit actionable insights extracted by an AI from meetings at USV and prepare them to be posted on the firm’s X handle live on the show. We even try out an art project at USV’s office called The Dream Machine, which generates art from conversations. Here’s a link to the episode transcript.
This is a must-watch for anyone interested in riding the AI wave by learning how to ship useful products quickly.
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