#46 FJ Labs’ AI Thesis

Nov 18, 2024

While AI investing continues to reach new highs, we have been contrarian. Given how non-consensus we are, I wanted to share our thoughts and perspective. 

In this episode, I cover:

• The general state of venture.
• The explosion in AI investing. 
• The varying fortunes of AI startups.
• FJ Labs’ perspective on AI.
• FJ Labs’ AI investments. 

The episode was highly interactive with dozens of audience questions. Here are some of the questions that I answered:

• How is AI impacting sports, especially tennis from an entertainment and industry standpoint?
• How are you utilizing AI in your personal life to improve your processes? Which tools?
• What is your recommendation towards founders or technology enthusiasts about AI that want to explore technological solutions using AI or find funding?
• How will AI help secondhand fashion marketplaces?
• How will labor marketplaces be impacted by AI?
• How will AI impact the media industry?
• What is my perspective on how AI and AR will be combined to create better experiences?
• What are examples of picks and shovels companies we are investing in to benefit from the AI boom?
• How to address sellers’ fears that AI will make it harder for them to compete effectively with other sellers in the marketplace?
• Which roles will be most impacted by AI? Will it cause mass unemployment?
• Will AI amplify the best or worst traits of humanity?
• How will AI impact healthcare and education?
• What should startups focus on in terms of implementing AI: customer service, product search or other?