Clément Delangue was not on this episode. A recording of them was played into it, so these
are their words but not an appearance on 20VC. It still counts as said, and it is kept out of every score on their page.
Clément Delangue, co-founder and CEO of Hugging Face, discusses whether value in AI accrues to startups or incumbents, arguing that deep technical AI startups hold a massive execution advantage over legacy tech giants.
0:00 / 0:36exact quote · 36.3s
720p mp4 · rendered on demand · StarZero watermark
“I think if you were thinking about AI as AI APIs, I agree. If you're thinking of AI as a more radical paradigm switch to build technology, right? And if you think about an AI startup as a company that is actually training models, creating new architectures, optimizing models themselves. I think it's a different story because this is really hard to do for the incumbents. And so I think the new startups have like an opportunity there to do things 10 times, 50 times, a hundred times better than the incumbents.”
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More from Clément Delangue
Insight
Delangue: No Single AI Model Will Dominate Because AI Resembles Codebases
“In the simplistic terms, the model or like AI is like a code base, right? It's a bit different, but at the end of the day, it's a code base, right? And so it's kind of silly to say, oh, this code base is better than this code base, or there's going to be one c…”
Clément DelangueMay 12, 2023▶ 14:03Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
Insight
Delangue: Using AI APIs Is Like Building Websites on Squarespace
“The analogy that I sometimes like is that on the early days of the web, you could use kind of like something that would Create a website for you, right? You could use the equivalent of a Squarespace or for weeks, and that would make you feel good, right? Becau…”
Clément DelangueMay 12, 2023▶ 16:18Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Delangue: AI Is Far From Becoming Autonomous or Humanity-Destroying
“I believe at the same time, we are very far from a world where AI is autonomous. And has conscience and is taking over the world and destroying humanity. I think this is more fear that is very sci-fi driven that we're very far from.”
Clément DelangueMay 12, 2023▶ 33:56Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
Insight
Delangue: 95% of a VC's Value Is Financial Capitalization and Support
“Investors are first and foremost investors, right? Meaning that their main value add is to deal around To help you on financial matters. So for example, when SVB go down, right? And then to help you to always capitalize the company the right way. So they're, i…”
Clément DelangueMay 12, 2023▶ 45:53Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
Opinion
Delangue: VCs Should Not Act Like Operators or CEOs
“They sometimes act almost as CEO or, like, operators for companies. Which in, in my opinion is, is not really their job. And worse than that, I feel like sometimes entrepreneurs are building companies for investors and investors are behaving like entrepreneurs…”
Clément DelangueMay 12, 2023▶ 46:56Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
What-if
Delangue: Open Source Accelerated AI Progress by 30 to 50 Years
“Without open science, without open source, without Google sharing their attention is all you need paper, sharing their birth paper the latent diffusion paper. Maybe we would be 3040, 50 years away from where we are today.”
Clément DelangueMay 12, 2023▶ 7:43Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013 · 20VC with Harry Stebbings
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