The rise of artificial intelligence represents a major turning point in technology unparalleled in recent history, says Alexis Ohanian, co-founder of Reddit and founder of VC firm Seven Seven Six. .
Ohanian told Yahoo Finance at the 2023 Milken Global Conference: “I’ve never seen anything this big in my career. It’s bigger than a smartphone, bigger than the ubiquity of broadband, definitely bigger than social his media.”
AI, which burst into the public consciousness with the launch of OpenAI’s ChatGPT late last year, is changing so rapidly that no single individual or organization can keep up, says Ohanian. says Mr.
“As someone who lives in a tech world and wants to stay on top of things, the first concession we have to make is that none of us can really stay on top of this situation,” he said. Told.
Over time, AI will make the job more efficient. It’s a change already underway, Ohanian added.
“So many parts of the job, especially knowledge work, work in front of or on a computer, becomes very efficient,” he said.
For example, he used ChatGPT to explain that he planned a vacation with his wife, tennis legend Serena Williams, who has her own VC firm called Serena Ventures.
“had [it] Acting as a premium concierge travel agent breaks my heart a bit.
‘The next big thing is just around the corner’
Ohanian has applied AI to the day-to-day operations of Seven Seven Six, whose portfolio includes investments in space, including reusable rocket maker Stoke and asteroid mining company Astroforge. Across the Seven Seven Six portfolio, AI is everywhere, and for those space companies as well.
“Every CEO we work with has an AI strategy, even if they don’t belong to an AI company, even if it’s just to help them write code more effectively or support customers more efficiently. , right down to the actual AI companies we’re investing in,” he said.
Nonetheless, one thing that AI and space have in common is that both are fields that require a lot of work and investment to move forward “in the name of human progress,” so they are both in their early stages. It’s in stages, Ohanian said. .
Ultimately, the extent to which AI will change our world, work, and life is still not entirely clear.
But the breakneck speed of AI that we can see today says something about the technology itself.
“Being an engineer is very humble, isn’t it?” Ohanian said. “You think you’ve built a great idea, and then you realize the next big thing is just around the corner. The user experience just keeps getting better. But there’s no denying that. It will have a huge impact.”
Ally Garfinkle is a Senior Tech Reporter at Yahoo Finance. Follow her on her Twitter. @agarfinks and LinkedIn.
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