Acquired’s Ben Gilbert & David Rosenthal on private markets, ZIRP impact, future of Amazon | E1706

AI Potential

The potential of AI technology is immense, with applications spanning across various industries. David Rosenthal highlights the rapid adoption of AI tools like ChatGPT, which have quickly found product-market fit with millions of users 1. He notes, "It is so clearly the next technology wave and it is massively hyped" 1. Jason Calacanis emphasizes the importance of AI in enhancing productivity and innovation, urging his team to explore AI tools to improve their work processes 1.

   

Business Implications

The business implications of AI are also significant, particularly in terms of exclusive licensing and content monetization. Jason Calacanis discusses the potential for companies like Google and Reddit to enter exclusive licensing deals for AI-generated content 2. Ben Gilbert agrees, noting that such deals could create substantial new revenue streams 2. David Rosenthal raises concerns about the quality of AI models trained on AI-generated content, suggesting that future models will need to evolve to maintain accuracy 2.

   

Blockchain Utilities

Blockchain technology continues to offer promising utilities in various sectors. Jason Calacanis highlights QuickNode's capabilities in providing reliable and fast blockchain infrastructure, likening it to the AWS of Web3 3. He also discusses Twitter's potential to leverage blockchain for enhanced features like payments and messaging 4. Ben Gilbert4.