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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Why Foundation Model Performance is Not Diminishing But Models Are Commoditising, Why Nvidia Will Enter the Model Space and Models Will Enter the Chip Space & The Right Business Model for AI Software with David Luan, Co-Founder @ Adept

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Adept’s CEO on the Open versus Closed Debate in AI Systems Development

The debate between open and closed systems in AI development revolves around concerns of use, misuse, and safety. Discussions around these concerns are crucial and increasingly open. The potential misuse of AI systems raises significant worries, such as exploiting vulnerabilities in software systems. Reasoning about Artificial General Intelligence (AGI) poses a challenge as it is complex and almost infinite. It is suggested to focus on path dependence to predict technology development in the next five years, where open systems are expected to lag behind closed systems due to resource constraints and incentives. Open systems are viewed as a means to level the playing field with major players in the industry, making them important for progress in the field.

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