May 29 2024 59 mins 1
Today we’re sharing an episode of The Riff podcast where Erik Torenberg and writer- investor Byrne Hobart discuss the future of AI & education, analyze several companies including Stripe's shift towards unbundling, and the possibility of 24-hour markets.
🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj
Subscribe to this season of Company Breakdowns for analysis of Reddit, Databricks, and more! Subscribe to Company Breakdowns' newsletter: https://company-breakdowns.beehiiv.com/
Company Breakdowns is a part of the Turpentine podcast network. Learn more: www.turpentine.co
--
RECOMMENDED PODCAST:
🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.
Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937
Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz
YouTube: https://www.youtube.com/@ThisWontLastpodcast
--
SPONSOR: BRAVE
The tech world turns to the Brave browser for a private ad platform that respects user privacy. Brave Ads offers first-party targeting, and it’s been cookieless since day one. Join the future of advertising at https://brave.com/ads. Mention “Turpentine” when signing up for a 25% discount on your first campaign.
--
LINKS:
“The Riff” podcast:
- YouTube: https://www.youtube.com/@TheRiffPodcast
- Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt
- Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486
--
FOLLOW ON X:
@eriktorenberg (Erik)
@ByrneHobart
@turpentinemedia (Turpentine)
–
TIMESTAMPS:
(00:00) Intro
(01:05) AI's Impact on Education
(03:33) AI in Self-Directed Learning
(06:22) Tech-Enabled Education and Its Challenges
(14:40) Byrne’s Take on Kids and Schooling
(17:46) Sponsor: Brave
(18:48) Meta's AI and Social Media Strategy
(22:46) Meta's Financial Strategy and the Metaverse
(27:03) Meta's AI Strategy and Its Competitors
(30:46) Microsoft's AI Strategy
(30:52) The Android vs. Apple Analogy
(31:41) Google's Commercial Leverage
(32:11) The Importance of Data in AI
(33:09) Meta's Open Source Dilemma
(33:58) Microsoft's Data Privacy Concerns
(34:16) The Uncertainty in AI's Future
(34:47) The Role of Ads in Business Models
(36:40) Amazon and Grocery Store Economics
(41:11) The Future of Email Ad Networks
(43:17) Investment Strategies and Market Dynamics
(47:42) China's Economic Challenges
(50:19) Stripe's Business Evolution
(54:37) 24-Hour Stock Markets
(59:04) Wrap
