E283: How AI will Affect Financial Markets

Highlights:

• Building You.com and focusing AI search on accuracy and data quality
• Why AI agents depend on strong search and infrastructure layers
• Early enterprise use cases across coding, legal, healthcare, and research
• The idea of intelligence becoming cheap and its second-order effects
• Why AI adoption is gradual but structurally inevitable
• Jobs, agency, and the fallacy of fixed labor supply
• How AI changes access to tutoring, healthcare, and personal assistance
• Investing in AI from first principles: data availability and timing
• Where regulation matters and where it risks overreach
• Why computer science remains foundational in an AI-driven world

Guest Bio:

Richard is the Co-Founder and Managing Director at AIX Ventures and Co-Founder and CEO of You.com, the leading AI search infrastructure for enterprises. At AIX Ventures, he has led early investments into several fast growing and category defining AI startups including Hugging Face, Weights and Biases, Athelas, Profluent, Parallel Bio, and Assured Robot Intelligence (ARI).

Richard previously served as the Chief Scientist and EVP at Salesforce. Before that, Richard was the CEO/CTO of AI startup MetaMind, acquired by Salesforce in 2016. Richard received his Ph.D. in computer science from Stanford University in 2014 and later served as an adjunct professor. He is widely recognized as having brought neural networks into the field of natural language processing, inventing the most widely used word vectors, contextual vectors, and prompt engineering. He is one of the top-five most-cited researchers in NLP, with over 230,000 citations.

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Disclaimer:

This podcast is for informational purposes only and does not constitute investment, financial, legal, or tax advice. Nothing in this episode should be interpreted as an offer to buy or sell any securities or to participate in any investment strategy. All opinions expressed by the host and guests are their own and do not represent the views of Weisburd Capital. Participants may hold positions or have financial interests in the companies, funds, or investments discussed. Any references to specific investments are for illustrative purposes only. Investing involves risk, including the potential loss of capital. Past performance is not indicative of future results, and any forward-looking statements are subject to risks and uncertainties. Any third-party data or opinions have not been independently verified. Listeners should conduct their own research and consult their own advisors before making any investment decisions.