Smash Notes

Why Does Artificial Intelligence Remain Interesting for the Next Decade Plus?

Technology waves are non-obvious until they are obvious. Then everybody starts looking for the non-obvious thing again, but the obvious thing is what you should do. Everybody proclaimed that social products were over four times. Artificial intelligence is going to take a decade. For the next decade plus there are going to be really really interesting things happening in the same way that SaaS took a decade to really see itself through and FinTech took a decade.

The early social wave featured MySpace, Friendster, Multiply and other companies. Facebook became the really big thing. Twitter happened two years later. LinkedIn happened a couple years before. Right around after Twitter happened everybody said social is largely saturated. Suddenly Instagram, Pinterest and Snap appeared. People were like it is over. TikTok followed. It just keeps going. It took like a decade.

The Next New Thing · Investor Elad Gil’s next moves · at 38:15 · ·Transcript

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