Sam Lessin and Seth Rosenberg debate the effects of AI on incumbents and the next wave of AI-first products. They discuss AI-first networks and marketplaces, the advantages of incumbent software companies, and the potential outcomes of investing in AI startups. The speakers also emphasize the importance of defensibility and network building, discuss the role of AI in startups and business, and conclude with closing remarks and an ad for Turpentine VC.

Greylock investor Seth Rosenberg interviews Ramp CEO Eric Glyman about incorporating AI into the fintech platform, saving 10 million hours and $1 billion. They discuss AI's impact on knowledge work, efficiency, and the future of AI-enhanced productivity in finance.