Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163

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Timestamps:

(00:00) Intro
(03:37) Established Brands Gain Value in AI Era
(08:16) Foundation Models: Commoditisation, Business Models, Incumbents
(22:35) Inflection & Microsoft: What Went Down
(33:20) OpenAI: Board, Lessons and Management
(45:09) Trump is the Biggest Threat to Democracy
(56:58) Should the US Ban ByteDance?
(01:02:23) Quick-Fire Round
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In Today’s Show with Reid Hoffman We Discuss:

1. Foundation Models: Commoditisation, Business Models, Incumbents:
Does Reid believe we are seeing the commoditization of foundation models?
Is it too late for new foundation models to be born today? Are they VC backable?
How will foundation models eventually make money? What will be the sustainable business model?
Does Reid believe that foundation models will be acquired by large cloud providers? Who goes first?

2. Inflection & Microsoft: What Went Down:
How did the Microsoft and Inflection deal go down? Did Satya call up one day and make it happen?
With the decay rate of models, Microsoft did not do it for the models, so why did they do it?
Was Inflection a sustainable business in it’s own right?
Does this not prove that to win at this game, you have to be an incumbent with incumbent cash?
3. OpenAI: Board, Lessons and Management:

What are 1-2 of Reid’s biggest lessons from being on the OpenAI board with Sam?
Why did Sam ask Reid in front of the whole company if Reid would fire him if he did not perform?
Scarlett Johannsen, super alignment team quitting, NDAs tied to equity, this is a lot in a short amount of time, how does Reid analyse this?

4. Trump is the Biggest Threat to Democracy: What Lies Ahead?
Why does Reid believe that Trump is a threat to democracy and evil?
What were Reid’s biggest takeaways from a two hour lunch with Joe Biden?
How does a Trump administration change the world of AI, technology and startups?

5. The Future of TikTok:
Is TikTok a threat to US democracy? Should it be banned?
What will be the outcome of the current judicial process? Will they sell to a US entity?
How could Trump impact the future of TikTok in the US?

6. Reid Hoffman: AMA:
What are Peter Thiel’s biggest strengths and weaknesses?
I believe Mark Zuckerberg is one of the most unappreciated public market CEOs, what are the core components that Reid believes makes Mark so special?
How did Reid miss out on investing in SpaceX’s first round? What did he not see that he should have seen?
What do we think is crazy today but will be a no brainer and very normal in 10 years?
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#20vc #harrystebbings #reidhoffman #linkedin #openai #venturecapital #microsoft #trump #tiktokban #chatgpt #nvidia #ai #foundationmodels

[jlivingston]

"It was a 2-hour robust conversation" with Biden. Ok. I completely trust you.

[toshiyaar]

2 hour conversation where Biden was apparently interested in AI. Things that NEVER happened.

[jonrita]

Reid is a nice person to listen to, when you skip past his "takes" on politics

[michaelodonnell]

Woke lightweight trying way to hard to be an intellectual thought leader 🤓

[ReflectingEnergy]

Would have loved to hear that 2hr robust conversation 48:11 🤭…ok. 🤣😂🤣

[akashpandya]

The jury that gave non guilty verdict in OJ Simpson

[circlelabs]

I thought this was supposed to be 20 minutes? Reid doesn’t deserve to be on, but giving him 90 minutes? Unfollow

[aaron.antczak]

Uhh, did anyone else catch that? He says "I will learn from the intensity of Microsoft that may give me a blue colored lens as I'm looking at something" - Blue filters are known to be applied to hide messages within code. It is widely known this has been used to distort something purposefully so that only those who know can see the real message. Tell me you know something without telling me you know something.

[ChrizzeeB]

This guy is unbearable.. he thinks HE's finding *truths* in his convos?

He's as myopic as any other and isn't some truthfinder

[FrancisHerding]

Why ask someone who is invested neck deep in AI if AI will take our jobs? It's like asking an oil company if oil is bad. Yes, AI will be an excellent doctor and teacher but that also means that we will need less doctors and teachers.

AI will be a great help to humanity's future, if we get it right. But the societal infrastructure is lagging way behind for the change that is coming.

[khriskapone]

Reid Hoffman is on that Chris Farley dust

[stevenheymans]

The fact that he wants to be a "public intellectual" is exactly the problem. He only says things that make him sound smart.

[Fieldsherbert]

I can't wait till you go on to the all-in podcast.

[dumpsterdiverdetector]

biden assembled the world for ukraine LMAO

[StuartS-qeyp]

I admire everything Reid Hoffman has achieved. He is proof you can be successful in tech and not be a jerk.

[Lombardi]

Love Reid. I wish he would back off on the Trump bashing a bit. I will be praying for America in that who ever becomes president will still serve this country and what it stands for.

I’m thankful for what this country has given me and will always strive to serve it in anyway I can in return.

[Beedulgi]

Love the standup comedian you got here 😂 "two hour conversation" AHAHAHAHAHAHAHA joke got me dead like biden 💀

[TheCanadianGuitar]

One of my favorite 20VC interviews to date. Reid is the GOAT

[chans]

I'm working on personal agent for everyone

[sango]

Thanks to bring this clown, it was a good laugh!