
14 segments available
What happens when two of the biggest tech waves—AI and crypto—start to converge? In this LP Summit conversation, a16z General Partners Chris Dixon and David George explore how stablecoins are creating a new global financial layer, why generative AI is reshaping market structures, and how the next tech giants will be built. From network effects to native AI business models, this is a sharp look at the future of innovation and investing. Timecodes: 00:00 Introduction 00:46 State of Crypto Today 01:53 The Rise of Stablecoins 06:14 Generative AI: Initial Impressions 10:08 AI's Second-Order Effects and Future Media 12:36 AI and Crypto: Coordination and Collective Action 15:54 Google's Innovator Dilemma 18:34 Google's Business Model and the Internet Pact 20:52 Future Business Models in the AI Era 23:54 Advertising and Business Models in the Digital Age 26:11 Network Effects and Competitive Moats 28:11 The Future of AI Applications and Infrastructure 31:33 Investment Strategies and Market Structures 35:25 Evaluating Founders and Venture Capital Insights Resources: Find Chris on X: https://x.com/cdixon Find David on X: https://x.com/DavidGeorge83 Watch ‘What is an AI Agent?’: https://youtu.be/xGEUPLLuEIo?si=RM-tD-R8H9XfbIP Stay Updated: Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://x.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
"How will the money flow? How will copyright work? There's all sorts of interesting questions that you can kind of think of downstream. And I think those are all questions that that in some ways crypto..."
"Chris, obviously you spend the vast majority of your time uh in crypto. Y why don't you just start by saying what is the state of you know talk about what the state of crypto is today? Where are we at..."
"talk yeah talk about some of the use like some of like maybe stable coins double click for a second like I think you called it you know WhatsApp moment for money like what do you mean by that and what..."
"gears so let's talk about Genai maybe to start just what are your initial impressions as a student of technology? Yeah, I mean for those of us who've been, you know, for who've been in technology for ..."
"AI is what will be the second order effects there like one thing I think about just because my interest area is like in media so you know the first order effect of generative AI right is you can make ..."
"think at a high level, the way I'd think about it is, you know, that obviously AI lets you create intelligent systems. What crypto is really about is not about intelligence. It's about coordination, r..."
"like Google might be under threat now, you know, just from a search perspective. You should talk about that. It's interesting. But, um, you know, if that's the case, you're just going to have like a w..."
"audacious move for Google to just say I'm going to do what's needed and embrace the future. The thing is even then even if they did that, even if they put in like a chat thing, um the problem is the w..."
"things like that. And so the question is, you know, do you just let all of that stuff kind of atrophy and and that's it and it's just the internet's these 10 websites or do you have to think about a n..."
"do think there's some risk to it and like to your point on skuorphic verse native the way the most dominant business models on the internet evolved is actually toward a new native form of advertising ..."
"talk about uh like market structures if you if you will and uh you know obviously these technologies they they come in waves they reinforce one another what about what determines winners and losers an..."
"that we're wrestling with right now in in AI uh because you know we've now gotten to the point where there's about a billion monthly active users of consumer AI applications and this has grown signifi..."
"So um on the market structure stuff um one of the things that we talk about a lot in the growth fund is like how much are things winner or take all verse there's sort of a distribution and you know on..."
"ask you is just your approach to picking founders. So obviously yeah one you know picking you know you laid out the process and a big part of the process or the biggest part of the process at the earl..."