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

20VC: OpenAI's Sam Altman and Brad Lightcap on The Future of Foundation Models: Will They Be Commoditised | How to Solve the Problem of Compute | Open vs Closed: Which Dominates and Why | Which Companies and Verticals Will Be Steamrolled by OpenAI

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

NOTE

Enduring Value Beyond Commoditization

The speaker discusses the commoditization of models in the industry and compares it to the pattern observed in the history of other industries, like the car industry. The speaker suggests that while the transient nature of different models may be common, the enduring value in the industry lies beyond this cycle of commoditization and hype.

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