a16z Podcast

2023 Big Ideas in Technology (Part 2)

58 snips
Jan 27, 2023
In this discussion, Anish Acharya, a fintech expert at Andreessen Horowitz, reveals how GPT is transforming credit counseling to make it more accessible. Michelle Volz talks about the promise of Small Modular Reactors in the nuclear renaissance, emphasizing their benefits and regulatory challenges. Ryan McEntush covers the need to overhaul the space supply chain, linking it to innovation in both space technology and healthcare. Together, they explore cutting-edge ideas that could reshape various industries in 2023.
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INSIGHT

Compliance as an Advantage

  • Tech-enabled compliance becomes a competitive edge in 2023.
  • It addresses the 50,000+ regulations and manual processes burdening financial institutions.
ANECDOTE

Coinbase Fine

  • Coinbase, despite being a large public company, was fined $100 million for background check failures.
  • This highlights the struggle of even well-resourced companies to meet compliance demands.
INSIGHT

AI-Powered Compliance

  • AI and machine learning can improve compliance by efficiently gathering customer information and reducing manual reviews.
  • This helps manage high volumes of alerts and enhances due diligence processes.
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