风投大佬拆解 AI 投资逻辑，做 AI 创业或投资的团队能从退出规模、代币经济、泡沫判断中获取决策参考。
a16z 播客邀请 VenCap 首席投资官 David Clark 与 a16z GP David George 讨论 AI 超级周期如何改变科技行业。他们指出 Anthropic 和 OpenAI 的收入增长已超过超大规模云厂商，企业 AI 应用仍处于早期阶段。顶级 AI 公司退出规模在 24 个月内增长了 10 倍，但每年有 40% 的 AI 领导者掉队。他们还探讨了代币经济学、成本压力以及 AI 泡沫是否存在的问题。
AI Winners, Token Economics, and Venture Strategy w/ David Clark and David George VenCap CIO David ...
AI Winners, Token Economics, and Venture Strategy w/ David Clark and David George VenCap CIO David Clark joins a16z GP David George to discuss the AI supercycle and how it's changing the technology industry, including what bigger exits mean for venture capital, why we're not in a bubble, why we're still early in enterprise AI adoption, and more. 00:00 Intro 00:38 The scale shift: Anthropic & OpenAI adding more revenue than hyperscalers 04:20 Skeuomorphic vs native AI applications in the enterprise 06:24 How the best AI companies run themselves differently 08:14 Top 1% exits 10x'd in 24 months 11:17 The half-life problem: Why 40% of AI leaders drop off every year 13:11 Token economics, cost pressure, and who captures value 17:00 Loss ratios, risk, and how to think about early stage 22:51 Are we in an AI bubble? 29:50 The future of venture capital in an AI world @daveclark85 @DavidGeorge83 Your browser does not support the video tag. 🔗 View on Twitter 💬 2 🔄 1 ❤️ 11 👀 1390 📊 4 ⚡