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    AI on Trial: Inside the NY Times vs. OpenAI Lawsuit with Cecilia Ziniti | E1874

    en-usJanuary 04, 2024

    Podcast Summary

    • The Music Industry's History of Adapting to Technological Disruptions and its Impact on the NYT vs ChatGPT LawsuitThe ongoing lawsuit between the NYT and ChatGPT could set important precedents for AI and technology, with potential implications for licensing schemes and copyright law. Founders must stay informed and ensure compliance to avoid legal issues.

      The music industry's history of adapting to technological disruptions provides valuable insights into the ongoing legal battle between the New York Times and OpenAI's ChatGPT. Chile Zeniti, a lawyer with extensive experience in tech, explains that this lawsuit could set important precedents for AI and technology as a whole. While it's uncertain whether this will result in a licensing scheme or other changes, it's clear that this is uncharted territory for copyright law. Founders must pay close attention to these developments and ensure they comply with the rules to avoid potential legal issues. Chile's expertise and analysis provide valuable context and insights for anyone interested in this groundbreaking case.

    • New York Times vs OpenAI: A Landmark Lawsuit on the Use of Content in AI TrainingThe New York Times lawsuit against OpenAI over the use of their content in training AI models marks new ground in copyright law, with the application of the fair use test being a complex and nuanced area that could have significant implications for the technology industry.

      The ongoing lawsuit between New York Times and OpenAI, centered around the use of New York Times' content in training OpenAI's chatbot, is significant due to the novelty of the "training" concept in copyright law. The New York Times claims that OpenAI used their vast archive, which includes millions of articles, without consent for both training purposes and generating new content. The four-part fair use test comes into play here, as OpenAI argues that their use of the content falls under fair use. However, the application of fair use is not straightforward, as it is a flexible test with no definitive answers. Each factor is open to interpretation, and the outcome often depends on the discretion of the judge. The lawsuit marks new ground in copyright law, as there haven't been any adjudicated cases on training in this context. The fair use test, which includes factors like the purpose and character of the use, the nature of the copyrighted work, the amount and substantiality of the portion used, and the effect of the use upon the potential market for or value of the copyrighted work, is a complex and nuanced area that will be closely watched in this case. It's important to note that the outcome of this lawsuit could have far-reaching implications for the technology industry and the use of copyrighted material in AI applications. Stay tuned for more updates on this intriguing case.

    • Context and purpose matter in copyright law for technology useUsing someone else's work for commentary, jokes, or parody without causing confusion may be considered fair use, while large-scale commercial copying might not be.

      When it comes to copyright law and the use of someone else's work, the context and purpose of the use are crucial factors. In the case of technology, such as fanfiction or parody, the purpose and character of the use can determine whether it is considered fair use or infringement. For instance, making a commentary, joke, or parody with no confusion to the audience may be allowed, while copying large chunks of someone else's work for commercial gain might not be. Additionally, the importance of process and structure in scaling a business was emphasized, with MEV being presented as a solution to help businesses build and maintain their products more effectively.

    • Copyright disputes often result in out-of-court settlementsThe 2 Live Crew vs. Roy Orbison case established legal precedent for parody and commentary as valid uses under copyright law

      Copyright disputes, especially those involving recognizable music or content, often result in negotiations and settlements out of court due to their expense and unpredictability. The landmark case of 2 Live Crew vs. Roy Orbison serves as an example of this, with the rap group's parody of Orbison's "Pretty Woman" reaching the Supreme Court. Despite earning profits from their version, 2 Live Crew argued for fair use as commentary, and the case established precedent for parody and commentary as valid uses under copyright law. The music industry, known for its sharp and unified approach to IP, typically demands licensing and mechanicals for cover versions. The outcome of the 2 Live Crew case was a loss for Orbison, but it set an important legal precedent for fair use in music.

    • The music industry's history of dealing with sampling and licensing provides insights into AI-generated content's intellectual property landscapeThe music industry's response to Napster and iTunes shows that markets can adapt to new technologies, attribution for AI-generated content isn't impossible, and the protection of parody, commentary, and education are crucial in a free society.

      The music industry's history of dealing with sampling and licensing provides valuable insights into how the intellectual property landscape might evolve in relation to AI-generated content. The industry's response to Napster and the subsequent rise of iTunes illustrates how markets can adapt to new technologies and establish new norms. While some argue that attribution for AI-generated content will be difficult, the music industry's experience shows that it's not impossible. The purpose and character of use are crucial considerations in copyright law, and the protection of parody, commentary, and education are essential in a free society. The Constitution's IP clause emphasizes the importance of promoting progress in science and the arts, which has been used to limit copyright and benefit tech companies. Ultimately, the copyright landscape for AI-generated content is still unfolding, but the music industry's history offers valuable lessons for navigating this complex issue.

    • Use of Copyrighted Material and Protecting Intellectual PropertyThe use of copyrighted material requires careful consideration, with fair use and the intentions of the copyright holder playing a role. Services like Northwest Registered Agent simplify business formation, enabling entrepreneurs to focus on growth.

      The use of copyrighted material, even in small quantities, can be a complex issue. While some creators may choose to allow fan creations or use robots.txt to prevent indexing, others may want to protect their intellectual property more stringently. The amount and substantiality of the portion used is a key factor in determining fair use, along with the nature of the copyrighted work. The New York Times, for example, argued that their journalism is creative and deserving of protection. Ultimately, the decision lies with the copyright holder. Starting a business used to be a complicated and costly process, but with services like Northwest Registered Agent, it's now easier than ever to form an LLC, corporation, or nonprofit in just 10 minutes and 10 clicks. This simplicity allows entrepreneurs to focus on growing their business instead of navigating legal complexities.

    • Understanding Data Usage and CopyrightWhile facts and data aren't copyrighted, creating visual representations like graphs using someone else's data requires proper attribution to avoid legal issues. Scraping data from websites can lead to contractual and international jurisdiction concerns, and companies are increasingly adding data usage restrictions in their terms of use.

      While facts and data themselves cannot be copyrighted, using someone else's data to create visual representations like graphs or compilations can be a gray area. The Supreme Court has ruled that copyright protection is not about the work put into creating the work, but rather the creativity involved. For instance, Statista is a website that creates beautiful graphs using data from various sources, and as long as the source is credited, it is considered fair use. However, scraping data from websites can lead to legal issues, including contract law and international jurisdiction concerns. Companies are increasingly including clauses in their terms of use that prohibit data scraping and use for training purposes. The Oracle versus Google case, where Google copied declaring code from Oracle, also illustrates the complexities around data usage and copyright. Ultimately, it is essential to understand the nuances around data usage and consult legal experts to ensure compliance.

    • Copyright law's complexity: idea vs expressionBusinesses and individuals should consider the substantiality of copied portions and fairness to original creators when dealing with copyrighted material.

      Copyright law is complex and not all ideas or expressions are protected. The LinkedIn case and the use of web scraping for e-commerce pricing are common practices, but the substantiality of the portion used from the original work is a crucial factor in determining copyright infringement. The merger doctrine comes into play when there are only a few ways to express an idea, making it uncopyrightable. An example of this is the case of farting dolls, where the court ruled that the concept itself was not copyrightable, but the specific details used were too substantial and associated with the original. It's important for businesses and individuals to consider the potential impact on the original creator and the fairness of their actions when dealing with copyrighted material. Additionally, resources like Paintbrush loans can help startup founders access funding without giving up equity or requiring a pitch deck or revenue.

    • New York Times vs OpenAI: Legal Questions Surrounding AI and Copyrighted MaterialThe use of AI to access and monetize copyrighted material raises complex legal questions. The New York Times case against OpenAI focused on the nature and quality of the copyrighted material, existing market, rights holder's exploitation, and effect on market value. The outcome depends on the specifics of the case and court interpretation.

      The use of artificial intelligence (AI) to access and monetize copyrighted material raises complex legal questions surrounding intellectual property rights and market value. In this discussion, the New York Times case against OpenAI was analyzed, focusing on four key factors: the nature and quality of the copyrighted material, the existing market for the material, the rights holder's exploitation of the material, and the effect on the original market value. The New York Times argued that OpenAI's use of its content in their chatbot infringed on their rights due to existing licensing deals and careful calibration of free versus paid content. OpenAI, on the other hand, might argue that they are simply creating a new market for the material and that the existing market value is not diminished. However, the factors are not exhaustive, and a court could introduce additional considerations. Ultimately, the success of OpenAI's argument would depend on the specifics of the case and the interpretation of these factors by the court. The example of Martha Stewart's potential use of AI to monetize her content illustrates the potential opportunities for content creators in this space. The line between fair use and infringement is blurry, and the legal landscape is still evolving.

    • The debate over copyrighted material for language modelsOpenAI uses NYT content for language model advancement, but copyright infringement could be a concern, with potential damages or removal of content as possible outcomes.

      The debate surrounding the use of copyrighted material for training large language models like ChatGPT hinges on the idea of innovation and progress. OpenAI, the company behind ChatGPT, argues that their use of the New York Times' content is essential for advancing the state of the art in language model technology. They compare it to Google's argument in the Oracle case, where the copied code was used to advance engineering progress. OpenAI asserts that they're not trying to replace the content or the creativity of the New York Times, but rather, they're aiming for the best language model possible by using a vast volume of text. However, the New York Times could argue that OpenAI's use of their content infringes on their copyright, causing irreparable harm. The chances of an injunction are slim, as societal benefits and the potential for monetary compensation often outweigh the need for an injunction. If OpenAI were to lose, they could face damages and potentially have to remove the New York Times' content from their model. Despite the ongoing negotiations since April, it's possible that OpenAI has already taken steps to mitigate the potential issue, such as firewalling off the New York Times' content. Ultimately, this debate highlights the complexities of intellectual property rights in the age of advanced technology and the need for clear guidelines on acceptable usage.

    • Potential damaging discoveries in NYT's lawsuit against OpenAI and MicrosoftThe ongoing lawsuit against OpenAI and Microsoft could reveal emails, conversations, and other documents that could harm the New York Times' argument for a financial stake in the company due to their contribution to its training data. Executives involved in taking content without permission could face ethical concerns.

      The New York Times and potentially other media outlets could face damaging discoveries during the ongoing lawsuit against OpenAI and Microsoft over the use of their content in the creation of ChatGPT. The discovery process could unearth emails, conversations, and other documents that could be detrimental to the New York Times' argument that they should receive a significant financial stake in the company due to their contribution to its training data. This could include discussions about the importance or validity of certain sources, such as Reddit or 4chan. Additionally, the New York Times executives who allegedly took content without permission are the same ones benefiting financially from the company's success. This could lead to potential issues regarding their involvement in the lawsuit and the ethics of their actions. The outcome of this case could have significant implications for the media industry and the broader debate around the use of AI and copyright law.

    • Navigating Legal Complexities in Tech: A Case Study on Apple vs. Google JavaUnderstanding legal complexities is crucial in tech. Seeking legal advice and being aware of ethical considerations can help avoid potential risks and misconceptions that technical feasibility equals legality.

      Advocacy and understanding legal complexities are crucial in the tech industry. The speaker shared their experience working on the Apple vs. Google Java case, highlighting the uncertainty surrounding the value and potential of open AI. They emphasized the importance of seeking legal advice and being aware of the potential risks and ethical considerations. The speaker also mentioned the common misconception among technologists that technical feasibility equates to legality. They provided examples of cases, such as the one involving an emulator for the PlayStation, where the technical ability to replicate software did not make it legal. The speaker concluded by emphasizing the need for caution and seeking legal guidance to navigate the complex legal landscape of the tech industry.

    • A pivotal moment in AI technology and intellectual property rightsThe lawsuit against OpenAI highlights the complexity of intellectual property rights in the age of AI and the challenges of balancing open-source projects with copyrighted materials. Potential solutions include subscription-based models, authentication systems, and AI models trained on individual consumers' digital lives.

      As AI technology advances, the legal landscape for intellectual property rights and open source projects is becoming increasingly complex. OpenAI, as an organization, may face legal consequences for using large language models that generate content based on copyrighted materials. However, the open-source community, with its decentralized nature, poses additional challenges. Even if OpenAI reaches a settlement or loses the case, the proliferation of open-source projects and potential unauthorized use of copyrighted materials remains a concern. The market may eventually provide a solution, with subscription-based models and authentication systems emerging to address this issue. The concept of integrating AI models with existing subscription services could potentially limit unauthorized use. Additionally, startups are exploring the development of LLMs trained on individual consumers' entire digital lives, which could help address the challenge of finding and accessing copyrighted content. Overall, this lawsuit marks a pivotal moment in the evolution of AI technology and intellectual property rights, and the market will likely provide innovative solutions to navigate this complex landscape.

    • Understanding the value of content for digital monetizationThe New York Times and music industry have shown that valuing content is crucial for successful digital monetization. Publishers must adapt to changing markets and protect their content to remain competitive.

      The evolution of digital content monetization is not a foregone conclusion, and the ability to understand the value of content and negotiate licensing fees is crucial. The example of the New York Times transitioning to a subscription-based business model has made them more sophisticated in valuing their content, while the music industry has been ahead of the game in this regard. In China, digital books are sold by the page, which is a stark contrast to the US market of whole books. Publishers have historically been slow to adapt and protect their content, allowing companies like Google to run amok. However, with the rise of successful digital businesses like Amazon Kindle and ChatGPT, publishers can no longer claim poverty or lack of legitimacy. The subscription wall also adds a legal and technical barrier to content access, further emphasizing the importance of content monetization. The New York Times Food app and Kindle are compelling examples of successful digital content monetization strategies.

    • IP protection in language model content generationLanguage models can unintentionally generate IP-infringing content, highlighting the importance of IP protection and understanding the limitations of language models.

      Intellectual property (IP) protection is a significant consideration when generating content with language models, especially when it comes to image generation. The discussion highlights instances where the model attempted to create images based on trademarked or copyrighted characters, such as the Grinch, Luigi, and Marvel and Pixar characters. In some cases, the model produced results that were not accurate representations of the intended characters due to the finite number of styles in the world and the model's inability to differentiate between IP and original content. The concept of a unique style, like that of Pixar, is defensible, but the question of whether a language model should be able to generate content in that style or be inspired by it is still up for debate. The discussion also touched on real-world IP cases, such as the one involving Barbie and Bratz, which illustrates the importance and value of IP protection. Overall, the conversation emphasizes the importance of understanding IP laws and the limitations of language models when generating content.

    • Copyright law and inspiration vs. infringementCopyright law allows for creation of new works inspired by existing ones, but commercial products closely resembling copyrighted works may face legal challenges

      Copyright law allows for the creation of new works that draw inspiration from existing ones, as long as they don't directly copy them. This was demonstrated in the Betamax case, where the Supreme Court ruled that recording and time-shifting videos for personal use was a non-infringing activity. However, creating commercial products that closely resemble existing copyrighted works may still be subject to legal challenges. The outcome of the ongoing legal dispute between New York Times and OpenAI could result in a settlement, a lengthy court battle, or a court ruling in favor of OpenAI. In the long term, a marketplace solution, such as a copyright holders symposium or an opt-in system, could emerge as a potential solution for the publishing industry.

    • Regulating AI and Copyright Infringement: A Complex IssueThe regulation of AI's use of copyrighted material is uncertain, with fair use and utility as potential defenses, but copyright holders may lobby for permission requirements. Google's past legal battles offer a precedent, and Europe has already regulated AI in this area. OpenAI has navigated these issues, but concessions may be necessary.

      The regulation of AI, specifically OpenAI's ChatGPT, in regards to copyright infringement is a complex issue with various possibilities. While some argue that fair use and utility could protect ChatGPT, others believe that copyright holders may influence politicians to require permission before using copyrighted material. The history of Google's legal battles over sponsored search provides a precedent, and it's unclear which side will ultimately prevail. However, it's important to note that Europe has already regulated AI in this area, and the US may follow suit. Additionally, OpenAI has shown savviness in navigating these issues, but significant concessions, such as a copyright clearance center and DMCA-style takedowns, may be necessary. Ultimately, the outcome will depend on the balance of power between those advocating for free use of information and those protecting copyrighted material.

    • Market-based solution for regulating AI modelsThe market-based approach, with partnerships and consumer choices, is the best way to regulate AI models like ChatGPT, despite legal challenges and the need for addressing mistakes or liabilities.

      The market-based solution is likely the best approach for regulating the use of AI models like ChatGPT. The speakers in the discussion compared this situation to companies like Uber and Airbnb, which faced legal challenges but continued to provide consumer choices and lower prices. They noted that ad-supported tech is not the only way, and it may take time for laws to catch up. However, they expressed optimism about the potential for market partnerships, such as OpenAI working with the New York Times, to create innovative and convenient applications for users. The speakers also acknowledged the need for OpenAI to address any mistakes or liabilities they may have caused. Overall, they believed that the market-based solution would lead to the best outcomes for all parties involved.

    • The Evolution of Technology Leads to AIAI offers lawyers efficiency in drafting cease and desist letters and is a significant leap forward with promising applications in various industries, including law

      We're witnessing a pivotal moment in technology's evolution, where all the advancements from the PC revolution to the internet, mobile, cloud, and big data, have led us to AI. Chachilia, a career technologist and founder of GC AI, shares her excitement about this technology and its potential impact on the legal industry. As wordsmiths, lawyers can greatly benefit from AI, making time-consuming tasks like writing cease and desist letters more efficient. Chachilia, who is currently developing GC AI with an engineering co-founder, is passionate about sharing her knowledge and has been teaching lawyers on Maven. For those interested, they can follow Chachilia on Twitter (@Chachilia_in) or LinkedIn, or check out her classes on Maven. Overall, AI represents a significant leap forward, and its application in various industries, including law, holds great promise.

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    Woke Google Maps, how Wells Fargo is losing money on fintech, and the global AI race | E1967

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    *

    Todays show:

    Alex Wilhelm joins Jason to discuss woke Google Maps (1:57), Bilt & Wells Fargo dynamics (16:20), AI progress in China and Japan (32:00), and more!

    *

    Timestamps:

    (0:00) Jason and Alex kick off the show

    (1:57) Woke Google Maps

    (9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (16:20) Bilt and Wells Fargo fintech dynamics

    (17:00) CNBC interview with Bilt founder Ankur Jain

    (25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (32:00) AI progress in China and Japan

    (39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

    (45:09) Defining AGI and its implications

    (49:06) McDonald's AI ordering systems and their challenges

    (1:04:37) Audience question on EU's AI Act and its impact on startups

    *

    Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.ft.com/content/357f3c68-b866-4c2e-b678-0d075051a260

    https://www.theinformation.com/articles/openais-japanese-rival-gets-1-billion-valuation-from-silicon-valley-investors

    *

    Follow Alex:

    X: https://x.com/alex

    LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm/

    *

    Follow Jason:

    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (9:44) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (25:50) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (39:41 ) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

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    Substack: https://twistartups.substack.com

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    Instagram: https://www.instagram.com/thisweekinstartups

    TikTok: https://www.tiktok.com/@thisweekinstartups

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 17, 2024

    Lessons in Unreasonable Hospitality with Will Guidara | E1966

    Lessons in Unreasonable Hospitality with Will Guidara | E1966

    This Week in Startups is brought to you by…

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    *

    Todays show:

    Will Guidara joins Jason to discuss the book Unreasonable Hospitality and how it relates to all businesses including startups (3:44), Will’s annual “The Welcome Conference” in NY (14:32), how the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - which then led to his involvement with future seasons (36:19), and more!

    *

    Timestamps:

    (0:00) Will Guidara of Unreasonable Hospitality joins Jason.

    (3:44) Important premises from the book Unreasonable Hospitality and how it relates to all businesses including startups.

    (6:26) Will explains how it felt to see parts from his book appear on the hit show The Bear.

    (8:13) Iconic examples of hospitality and how it can turn customers into advocates for your brand.

    (10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (11:08) Powerful examples of going above and beyond for your customer.

    (14:32) Will’s annual “The Welcome Conference” in NY.

    (20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

    (22:13) Jason shares an anecdote of how he helps others.

    (24:17) Will and Jason riff on interesting examples of unreasonable hospitality, including one that should exist for airplane passengers.

    (30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (32:12) A perspective shift that changes the value of call centers.

    (36:03) How the show The Bear lifted Will’s ‘NY street hotdog’ story and made it their own - leading to his involvement for future seasons.

    (40:21) Will feels that The Bear was able to craft and articulate his message spot on in one of their best episodes.

    (42:22) How to gain from the addictive personality traits in the restaurant business.

    (51:15) The “Chicken for Two” at the NoMad hotel.

    (53:31) Breaking down the state of tipping culture and how its removal from Eleven Madison Park was highly successful.

    *

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    Check out Unreasonable Hospitality: https://www.unreasonablehospitality.com/

    Sign up for Will’s newsletter: https://www.unreasonablehospitality.com/newsletter

    Check out “The Welcome Conference”: https://www.thewelcomeconference.com/

    Check out Will’s hospitality agency “Thank You”: https://www.thankyou.nyc/

    *

    Follow Will:

    X: https://x.com/wguidara

    LinkedIn: https://www.linkedin.com/in/willguidara/

    *

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    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (10:04) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (20:57) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

    (30:44) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

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    Instagram: https://www.instagram.com/thisweekinstartups

    TikTok: https://www.tiktok.com/@thisweekinstartups

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 14, 2024

    Inflation cools, how Waymo handled a crash, and the next startups to go public | E1965

    Inflation cools, how Waymo handled a crash, and the next startups to go public | E1965

    This Week in Startups is brought to you by…

    Eight Sleep. Good sleep is the ultimate game changer. The newest generation of the pod, the Pod 4 ultra has arrived. Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

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    CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at ⁠https://www.claconnect.com/tech

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss Waymo crash implications (3:53), Apple's AI announcements post-WWDC (17:17), inflation cooldown (27:21), and more!

    *

    Timestamps:

    (0:00) Jason and Alex kick off the show

    (3:53) How Waymo handled a crash and self-driving car standards

    (8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

    (10:04) Car safety technology

    (17:17) Apple's AI announcements and stock impact

    (25:41) Zendesk - Get six months free at

    http://www.zendesk.com/twist

    (27:21) Inflation update: Recent CPI data and its implications

    (33:34) High interest rate environment and venture capital

    (40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

    (42:12) 10 companies most likely to IPO

    *

    Subscribe to the TWiST newsletter: https://www.ticker.thisweekinstartups.com

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.reddit.com/r/SelfDrivingCars/comments/1cxo27o/waymo_car_crashes_into_pole/

    https://www.theverge.com/2024/6/12/24175489/waymo-recall-telephone-poll-crash-phoenix-software-map

    https://techcrunch.com/2024/02/13/waymo-recall-crash-software-self-driving-cars/

    https://techcrunch.com/2024/06/12/waymo-second-robotaxi-recall-autonomous-vehicle/

    https://www.cnbc.com/quotes/AAPL?qsearchterm=aapl

    https://www.bls.gov/news.release/cpi.nr0.htm

    https://x.com/ashugarg/status/1800658425040253309

    https://www.cnbc.com/quotes/US2Y

    https://www.wsj.com/livecoverage/fed-meeting-fomc-interest-rate-decision-cpi-inflation-june-2024/card/traders-firmly-expect-a-rate-cut-in-september-q8qGgjh8jorUx56RBpK8

    https://kalshi.com/markets/ratecutcount/number-of-rate-cuts#ratecutcount-24dec31

    https://www.cnbc.com/2024/06/12/fed-meeting-today-on-interest-rate.html

    https://www.crunchbase.com/organization/databricks

    https://www.crunchbase.com/organization/gusto

    https://archive.is/fGJav#selection-2217.0-2226.0

    https://www.crunchbase.com/organization/shein-b79e

    https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001514587&owner=exclude&count=40&hidefilings=0

    https://www.crunchbase.com/organization/turo

    *

    Follow Alex:

    X: https://x.com/alex

    LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm/

    *

    Follow Jason:

    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (8:08) Eight Sleep - Head to https://www.eightsleep.com/twist and use code TWIST to get $350 off the Pod 4 Ultra.

    (25:41) Zendesk - Get six months free at http://www.zendesk.com/twist

    (40:48) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at ⁠https://claconnect.com/tech

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    Follow TWiST:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

    YouTube: https://www.youtube.com/thisweekin

    Instagram: https://www.instagram.com/thisweekinstartups

    TikTok: https://www.tiktok.com/@thisweekinstartups

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 12, 2024

    Apple’s WWDC 2024: Reactions, Highlights & Breakdowns with Jason and Alex | E1964

    Apple’s WWDC 2024: Reactions, Highlights & Breakdowns with Jason and Alex | E1964

    This Week in Startups is brought to you by…

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    *

    Timestamps:

    (0:00) Jason and Alex kick off the show

    (1:50) Jumping into the keynote from Apple and whether or not it impressed.

    (5:24) “Apple Intelligence” has landed!

    (8:32) Reactions to the new Siri.

    (10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (12:42) The importance of Apple’s addition of “on-screen awareness”.

    (16:30) Breakdown of Apple’s use of data with their AI.

    (19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (23:53) ChatGPT’s integration with Siri.

    (26:32) Unpacking the “free” use of ChatGPT with Apple products.

    (30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

    (31:07) Discussing the relationships between OpenAI and Microsoft and now Apple.

    (34:44) More “ooohs” and “ahhhs” from Apple’s new Image Playground.

    (40:25) Jason breaks down other key announcements from WWDC 2024 including a password manager and Apple TV’s new “Insights”.

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Links:

    Watch Apple’s WWDC 2024 Keynote: https://developer.apple.com/videos/play/wwdc2024/101/

    Article on Fearless Fund: https://www.bloomberg.com/opinion/articles/2024-06-06/the-fearless-fund-should-keep-fighting-racism-in-venture-capital

    *

    Follow Alex:

    X: https://x.com/alex

    LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm/

    *

    Follow Jason:

    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (10:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

    (19:48) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist

    (30:01) Equinix - Join the Equinix Startup Program for up to $100K in credits and much more at https://deploy.equinix.com/startups

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    Follow TWiST:

    Substack: https://twistartups.substack.com

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    YouTube: https://www.youtube.com/thisweekin

    Instagram: https://www.instagram.com/thisweekinstartups

    TikTok: https://www.tiktok.com/@thisweekinstartups

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 11, 2024

    The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963

    The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963

    This Week in Startups is brought to you by…

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    .Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://www.jamwithjcal.tech brought to you by .tech domains.

    *

    Todays show:

    Alex Wilhelm joins Jason to discuss concerns about the app "Fizz" (12:24), the state of seed (31:35), the first TWIST500 startups (58:58), and more!

    *

    Timestamps:

    (0:00) Jason and Alex kick off the show

    (11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

    (12:24) Concerns about the app "Fizz" and the use of anonymity in social media apps

    (19:14) The impact of anonymous apps on society, parenting concerns, and the responsibility of investors in harmful tech startups

    (23:16) The case for banning smartphones in schools

    (30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist⁠

    (31:35) The state of seed

    (35:33) Impact of AI on startup efficiency

    (38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    (39:45) The variety of seed deals

    (45:13) How to leave and join a rival company legally

    (58:58) The first TWIST500 startups

    (1:05:48) Impact of AI on journalism and media companies

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Mentioned on the show:

    https://www.wsj.com/tech/personal-tech/fizz-is-the-latest-campus-gossip-app-it-took-two-days-to-shake-up-one-high-school-1d59ffd4

    https://www.businessinsider.com/gen-z-fizz-app-anonymous-messaging-cyber-bullying-vermont-2024-6

    https://techcrunch.com/2023/08/10/insiders-bet-more-on-fizz-a-social-network-that-has-now-bubbled-up-at-80-college-campuses/

    https://x.com/JonHaidt/status/1799525595509850522

    https://techcrunch.com/2017/04/28/yik-yak-shuts-down-after-square-paid-1-million-for-its-engineers/

    https://x.com/Jason/status/1799868195899376014/photo/1

    https://techcrunch.com/2024/06/07/y-combinator-yc-startups-tiny-seed-rounds-vc-investors-not-interested/

    https://x.com/dhh/status/1799427898652389827

    https://ticker.thisweekinstartups.com/

    https://www.forbes.com/sites/sarahemerson/2024/06/07/buzzy-ai-search-engine-perplexity-is-directly-ripping-off-content-from-news-outlets/

    https://techcrunch.com/2022/06/24/zendesk-drama-concludes-with-10-2-billion-private-equity-acquisition

    *

    Follow Alex:

    X: https://x.com/alex

    LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm/

    *

    Follow Jason:

    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (11:15) Attio - Head to https://attio.com/twist⁠ to get 15% off for your first year.

    (30:19) OpenPhone - Get 20% off your first six months at https://www.openphone.com/twist

    (38:17) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

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    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 11, 2024

    Great Builders & Success First with Intercom’s Eoghan McCabe | E1962

    Great Builders & Success First with Intercom’s Eoghan McCabe | E1962

    This Week in Startups is brought to you by…

    LinkedIn Ads - To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://www.linkedin.com/thisweekinstartups

    .Tech Domains - Don’t miss our “Jam with JCal” contest! To apply and get more details go to https://www.jamwithjcal.tech brought to you by .tech domains.

    Northwest Registered Agent - Northwest Registered Agent will form your business quickly and easily. In just 10 clicks and 10 minutes, set up your entire business identity—name, address, mail service, phone, email, website, and domain. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.

    *

    Todays show:

    Intercom’s Eoghan McCabe joins Jason to discuss: the state of the business at Intercom and his return as CEO (8:33), the future of customer service with AI (24:28), what makes a great manager (59:36), and more!

    *

    Timestamps:

    (0:00) Intercom’s Eoghan McCabe joins Jason. (1:50) Family history of the two McCabe’s: Jason and Eoghan. (5:49) The kindness and dedication of Intercom’s co-founder Des Traynor. (8:33) What Intercom is, the state of the business and Eoghan’s return as CEO. (10:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups (12:37) Looking at overlap and adjacencies when you are building SaaS products. (16:36) The brilliance of the pre-seed pricing model, and is it broken? (19:47) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech (22:16) What is next for companies with. SaaS-based pricing. (24:28) The future of customer service and AI. (30:30) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today. (36:09) Expectations from AI one year from now. (45:23) Breaking down the negative press and social reaction to the Humane Pin. (52:34) What the world will look like as conversational AI develops. (59:36) What makes a great manager and the “return of the king” at Intercom.

    *

    Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

    *

    Check out Intercom: https://www.intercom.com/

    *

    Follow Eoghan:

    X: https://x.com/eoghan

    LinkedIn: https://www.linkedin.com/in/eoghanmccabe/

    *

    Follow Jason:

    X: https://twitter.com/Jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Thank you to our partners:

    (10:41) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

    (19:47) .Tech Domains - Apply for the “Jam with JCal” contest today at https://www.jamwithjcal.tech

    (30:30) Northwest Registered Agent - For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.

    *

    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

    *

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    Follow TWiST:

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    YouTube: https://www.youtube.com/thisweekin

    Instagram: https://www.instagram.com/thisweekinstartups

    TikTok: https://www.tiktok.com/@thisweekinstartups

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    This Week in Startups
    en-usJune 08, 2024

    Rising Above the Noise in Consumer VC with Kirsten Green of Forerunner | E1961

    Rising Above the Noise in Consumer VC with Kirsten Green of Forerunner | E1961

    This Week in Startups is brought to you by…

    Vanta - Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at http://www.vanta.com/twist

    Oracle - Oracle Cloud Infrastructure, or OCI, is a single platform for your infrastructure, database, application development, and AI needs. Take a free test drive of OCI at https://www.oracle.com/twist.

    Mercury - With Mercury, you can simplify your financial operations with banking and software that power your critical financial workflows, all within the one thing every business needs, a bank account. And with new bill pay and accounting integrations, you can pay bills faster and stay in control of company spend. Apply in minutes at ⁠https://www.Mercury.com

    *

    Todays show:

    Kirsten Green joins guest host Mark Suster to discuss Forerunner’s framework on making investments (8:33), how AI will change how consumer companies and applications are built (16:28), cultural shifts that are investable (33:38), and more!

    *

    Timestamps:

    (0:00) Kirsten Green joins guest host Mark Suster.

    (2:49) Kirsten’s advice to stand out in consumer venture with only seven percent of VC dollars being allocated to consumer.

    (8:33) Forerunner’s framework on making investments.

    (11:16) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (12:09) The value of searching for where businesses are missing the mark, and the “wow” factor of the Oura Ring.

    (16:28) How AI will change how consumer companies and applications are built

    (19:46) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (20:50) The current state of the consumer search experience and the power of personalization that AI can bring.

    (24:16) The disruptive lesson from mobile and the next level of being context aware.

    (28:24) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

    (31:57) Forerunner Ventures lives within the intersection of invention and culture.

    (33:38) Cultural shifts that are investable.

    (36:36) The consumer shift from large to small screen.

    (40:42) The importance of the mix between direct and indirect revenue.

    (42:32) Discussing the relevance of “freemium”.

    (55:48) What the exit environment is like going forward.

    (1:02:55) What will it take to bring back the small and mid-cap market?

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    Check out Forerunner Ventures: https://www.forerunnerventures.com/

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    LinkedIn: https://www.linkedin.com/in/kirstengreen/

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    X: https://twitter.com/msuster

    LinkedIn: https://www.linkedin.com/in/marksuster/

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    Thank you to our partners:

    (11:16) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

    (19:46) Oracle - Take a free test drive of OCI at https://www.oracle.com/twist.

    (28:24) Mercury - Join 200K startups who use Mercury to operate at their best at http://www.mercury.com

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    Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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    This Week in Startups
    en-usJune 07, 2024

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