E17: Sequoia & the Hewlett Foundation on VCs NOT raising funds, Cisco's $1B AI fund, and more!
Liquidity
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Real Deal: AI vs Crypto
Running companies efficiently with AI tools makes individuals perform tasks like content creation, video making, coding, sales, and data organization faster, turning them into little 'superheroes.' Unlike the 'intellectual grift' of crypto, AI is seen as the real deal that will witness significant investments leading to potential success stories, reminiscent of winners like Google and Amazon in the early 2000s. While the AI industry may have winners and losers, it is considered a substantial and impactful investment compared to the speculative nature of crypto ventures.
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