Prediction Held up AI assessment confidence: 99% certainty 3/5 debate potential 2/5

Banta: AI will not replace investors, founders, or marketers near term

Nitesh Banta · 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12 · Dec 30, 2016 · at 20:58

Nitesh Banta, Founder and CEO of B12, discusses the short-term limitations of AI automation in complex knowledge work professions.

0:00 / 0:10exact quote · 10.1s
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“I don't think in the near term you're going to have a machine fully replace the way, you know, venture investors work, fully replace the way startup founders work, podcast producers or marketers.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Nitesh Banta

Insight
Banta: AGI development is bottlenecked by software complexity, not compute
“I actually don't think the limitation will be compute power, but the limitation will more be around the type of software that you need to build something as complex and dynamic as a person.”
Nitesh Banta Dec 30, 2016 ▶ 22:44 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
Prediction Not checkable as stated
Banta: Artificial super intelligence will follow AGI within weeks to years
“So I feel like once you get to AGI and you're able to have machines that can operate 24 seven, sufficiently work together and do further research in the space, you'll probably get to an ASI in a much shorter period of time. Anything from weeks to months to yea…”
Nitesh Banta Dec 30, 2016 ▶ 22:56 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
Prediction Not checkable as stated
Banta: Optimistic timeframe for AGI arrival is the 2040s or 2050s
“I'm not sure if I'm as smart as folks like Ray Kurzweil to give an exact date, but I would guess probably in like the, in the most optimistic case in the 20 forties or fifties.”
Nitesh Banta Dec 30, 2016 ▶ 23:17 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
Insight
Banta: VC Firms Lack standard Startup OKRs and KPIs
“Venture firms tend to be partnership-oriented. They don't operate around clear OKRs or KPIs. So you're not kind of run in the same efficient manner that traditional startup might be run in.”
Nitesh Banta Dec 30, 2016 ▶ 9:06 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
Insight
Banta: AI startups overpromising human-level AI inevitably disappoint users
“I think a lot of startups often go out, or technology companies go out, and feign this experience that, you know, I'm building this machine or AI that's gonna be able to operate just like a person. And I think one of the challenges there is that you start to c…”
Nitesh Banta Dec 30, 2016 ▶ 10:20 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
Prediction Not checkable as stated
Banta: Human operators behind AI services are not going away soon
“In a lot of cases, there are people behind the machine that are masked or not put at the forefront. And in In certain cases, like, those people aren't going anywhere anytime soon if you want to create the type of experience I think consumers want.”
Nitesh Banta Dec 30, 2016 ▶ 13:26 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12
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