Marc Andreessen and Ben Horowitz on the state of AI in May 2024

01:14 How AI startups can compete with the bigger players
05:57 Will the "God models" get 100x better?
09:19 Counter argument: Are the tests too simple?
10:14 Internet data represents average human activity
11:50 AI's ability to unlock latent super genius limits
15:30 Neural networks exhibit generalized learning and computation functions
17:01 Reports of self improvement loops
19:10 Current data improvements
22:05 Challenges for AI applications
25:48 Business value-based pricing model
29:38 Two diametrically opposed questions about AI's impact on tech investment
32:48 The Jevons Paradox
36:46 John Maynard Keynes vs. Karl Marx
39:29 Demand for softwares is perfectly elastic
41:12 AI based medical diagnosis
42:09 Reality of data moats
48:06 Big companies and actionable data validation
52:05 Big companies using stolen data
53:07 Genetic Information Nondiscrimination Act (GINA)
57:53 Comparison of AI boom and internet boom
1:02:23 Marc's prediction for the AI industry
1:08:07 Lessons learned from internet era
1:12:12 Big companies trying to lock down AI
1:13:28 Core VC assumes half of investments will fail