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- 📶 AI is coming for big tech
📶 AI is coming for big tech
AI goes after white collar jobs, the EU is going after big tech, an OpenAI exec is starting a new company, and China's top AI companies are coming to America
Good morning 👋
And RIP to Willie Mays.
Baseball was my main sport growing up (before football), and Willie Mays was one of my childhood idols. He was a true role model and was smart enough to stay out of the spotlight during and after his playing days (an increasingly rare trait).
Switching gears.
We have a ton of headlines and even more links we like today.
Let’s get into it.
TL;DR:
HEADLINES
AI is coming for big tech 👀
AI Is Coming for Big Tech Jobs—but Not in the Way You Think (Wired)
OpenAI’s former chief scientist is starting a new AI company (The Verge)
The EU is Taking on Big Tech. It May Be Outmatched. (Wired)
A Former YC Partner Makes a Big Bet on Rapid Delivery (The Information)
China’s Top AI Startups Enter the US; Defying Political Tension (The Information)
The Four-Day Workweek: How It’s Working at Two Companies (WSJ)
Elon Musk Pitches Advertisers on a Return to X, Months After Telling Some to ‘F’ Themselves (WSJ)
Nvidia is now the world’s most valuable company, surpassing Microsoft (TechStartups)
Former Snap engineer launches Butterflies, a social network where AIs and humans coexist (TechCrunch)
Unit and Loop lay off staff and Brex ditches the co-CEO model (TechCrunch)
Cybersecurity startup Huntress eyes IPO after hitting unicorn status (Pitchbook)
LINKS
🔮 Generative AI’s Second Act: The latest from Sequoia
💲 Why Pricing and Packaging Matters More When You’re Launching Your Second Product: Why you should need to have a pricing strategy ASAP
🧵 The Great Unbundling: Looking back at Benedict Evans’ 2021 annual presentation
📱 Social Media Consumption Extrapolations: (Spoiler alert) - it’s not healthy or sustainable
📋 New Rules for the Economy: From Kevin Kelly (Founder @ Wired)
🤮 How VCs Become Assholes: From the NFX team
💵 Breaking into Venture Capital through Syndicates: Thoughts from the Last Money In guys (today’s sponsor)
👀 Specialists and Generalist Investors: Is one better than the other, or is it all subjective?
🧠 How to make great decisions: The framework Shaan Puri uses
🏀 Similarities between Jordan and Kobe: What made them great according to their trainer
💰 Are you underpaid? We built a tool to assess whether you’re overpaid or underpaid using our VC comp data
TWEET
Long term is the accumulation of short terms compounded.
— Brent Beshore (@BrentBeshore)
12:20 PM • May 29, 2024
REFER
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FUNDS
Name | Fund Size | Fund Number |
---|---|---|
$500m | I | |
$765m | III | |
$150m | III | |
$900m | VI | |
$715m | III | |
$118m | III |
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STARTUPS (Together with Harmonic)
Fastest-growing pre-seed and seed proptech companies 🏠
Name | Description |
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Complete vendor sourcing and management | |
Make feasibility faster | |
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POLL
What is the realistic timeline for AI replacing white collar jobs? |
Thanks for reading this far and giving us a little bit of your attention this week.
Feel free to unsubscribe whenever this stops becoming valuable to you.
- Clay
RESULTS
Here are the results from our poll question in yesterday’s piece:
What is the best accelerator / incubator in the world?
🟩🟩🟩🟩🟩🟩 YC (27)
🟨🟨⬜️⬜️⬜️⬜️ Techstars (12)
🟨🟨🟨🟨🟨🟨 MuckerLab (26)
🟨🟨🟨🟨🟨⬜️ 500 Startups (23)
🟨🟨⬜️⬜️⬜️⬜️ Plug and Play (12)
🟨🟨🟨🟨🟨⬜️ Something else (24)
124 Votes
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