Best podcast I’ve heard all year on AI.

Unpacks an overlooked shift for startups - tl;dr:

[Go listen to "Invest Like the Best", Episode on Capital, Compute and AI scaling with Chetan Puttagunta and Modest Proposal]

𝗖𝗼𝗿𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁: 

• 𝗔𝗜 𝗶𝘀 𝘀𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘁𝗿𝗮𝗶𝗻𝗶𝗻𝗴 𝘁𝗼 𝗶𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲: The focus is now on using models effectively, with costs aligned to usage rather than massive upfront investments. Think of it like cars—few companies build engines from scratch; the real innovation happens in design, performance, and user experience.

• 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝘁𝗼 𝗲𝗻𝘁𝗿𝘆 𝗮𝗿𝗲 𝗳𝗮𝗹𝗹𝗶𝗻𝗴: Rapidly evolving foundation models like GPT or Llama mean challengers—both horizontal (broad tools) and vertical (niche solutions)—can compete without needing to build their own models.

• 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗶𝘀 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝘁𝗼𝗿: Success now hinges on creating 10x better applications and owning direct customer relationships, rather than just owning the largest or most advanced models.

📌 Source: Patrick OShaughnessy's "Invest Like the Best" Podcst, Episode = "Capital, Compute and AI scaling" ft Chetan Puttagunta and Modest Proposal.