Dror Berman, a venture capitalist at Innovation Endeavors and co-founder with Eric Schmidt, discusses the AI gold rush in Silicon Valley. He dives into the challenges startups face against tech giants. The conversation highlights how AI is transforming coding, raising ethical concerns, and impacting job markets. Berman also examines venture capitalists' adaptation to the AI surge and the regulatory implications for the industry. The excitement mirrors past tech booms, but the stakes and consequences for future innovations are much higher.

Silicon Valley needs a new thing and AI is that new thing: investors are supposed to pour 43 billion dollars into AI this year. But will individual startups cash in on the boom, or will the real winners of AI be the same handful of big, established companies?Featuring: Renate Nyborg (@renate), a tech veteran who is launching an AI startup, and got a firsthand look at the AI funding frenzy. (00:00)Then: Dror Berman (@drorberman), a venture capitalist at Innovation Endeavors, which he co-founded with the former CEO of Google. He’s one of the guys throwing a ton of money into AI. The reason he thinks he’ll get it right is because he’s done it before. (06:47)And: Jessica Lessin (@Jessicalessin), founder and editor-in-chief of The Information. She knows Silicon Valley inside and out and translates this moment for us. (24:00) Learn more about your ad choices. Visit podcastchoices.com/adchoices