"The Cognitive Revolution" | AI Builders, Researchers, and Live Player Analysis

Building an Intelligent Business OS, with Runway CEO Siqi Chen

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Jul 6, 2024
Siqi Chen, CEO of Runway, is reshaping business finance with AI. He discusses creating an intelligent operating system that simplifies financial scenarios for both finance and non-finance professionals. Siqi explores how AI enhances decision-making and democratizes financial knowledge, while sharing insights on the integration of advanced language models. He also addresses the importance of infrastructure in maximizing AI potential and the challenges of applying AI in real-world contexts, emphasizing the importance of human creativity as tech evolves.
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ANECDOTE

Sandbox VR and Runway's Origin

  • Siqi Chen, a four-time CEO, found traditional financial planning methods inadequate during his time at Sandbox VR.
  • This led him to start Runway, a finance platform that uses AI to make business understandable.
INSIGHT

LLMs and Calculation

  • LLMs excel at making guesses and reasoning but struggle with precise calculations.
  • Runway leverages LLMs for intuitive reasoning while using its own engine for accurate calculations.
INSIGHT

Context and Ambient Intelligence

  • Runway uses AI to describe parts of its financial sub-models, providing richer context for LLMs.
  • Siqi champions "ambient intelligence," integrating AI seamlessly into workflows without explicit user prompts.
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