MIT

“What happened was the LLM user showed severe deficits, quote, in memory and essay ownership, with 83% being unable to quote from the essays they had just written.”

“Henry Singleton's grades everywhere were a hundred. Three digits squeezed into the space for only two. For every course he took, every final exam, 100.”

“MIT has a stat, 60%, six zero, of employment in 2018 did not exist in 1940.”

“Even after he leaves Bell Labs they thought he was so important and he was so disinterested in money for money's sake that Bell Labs kept him on the payroll. So he winds up getting paid from MIT and Bell Labs.”

“I was there at the tech conference when this team from MIT was demoing their touch screen and they did it on a gigantic whiteboard and Steve jobs was obsessed with it. They had a whiteboard and they had a table with it. And I watched him, and he spent the whol…”

“When AI started happening, or what was called machine learning back then, I felt that we just weren't strong enough in deep learning specifically. We knew the old school matrix factorization stuff. So we did an acquisition of a company called the Econest in Bo…”

“This paper showed that you could actually reduce the size of these networks by 90%, and Get the same accuracy out by pruning very large models down to smaller models, and then you can make a selection on which model to run for inference. And by doing this, you…”

“The AI processor on this robot was an eight bit microprocessor with 256 bytes of RAM. Not kilobytes, bytes of RAM.”

“The breakthrough for us actually was a business model that we discovered. We would come up with a way of working together where I would work at cost. I would work at break even, but since I wasn't making any money, We would split the value that we ultimately c…”

“It's kind of new, but it's a study out of MIT that's shown that, okay, they had people Use AI versus Google versus nothing to write essays, and what they found was that over time it led people that used AI specifically like less engagement in their brain, less…”

“It's never been easier to start. There's never been more competition. It's never been harder to scale.”

“MIT just released this report that five percent of Gen AI deployments are working in any form.”

“And there, there's a very good study from MIT that's come out that shows, you know, in a way that only PhDs at MIT can be very precise. 42% of the great inflation was caused by the budget deficit. Another 17% was caused by the increase in inflation expectation…”

“MIT researchers found the brain processes information in chunks. Maybe you've heard this before, not like continuous. So after about 12 seconds of uninterrupted speech, listener attention goes, falls to the ground.”

“That's about as far away from our experience as it could be. The, that study that, that would, that, that, that you're talking about.”

“There's actually a study which I saw by Stanford, ah, or sorry, MIT, I think, which in, which, ah, interviewed 4000 managers, and they found that less than One third of them were able to identify what are the top three priorities of our company.”

“We haven't seen a lot of people implement AI effectively to date, and we're generally in the view, along with that MIT study, that maybe 95% of these Fortune one hunters have tried, and they said it's kind of a waste, and it didn't really work, and it was jank…”

“I think 74% are getting an ROI. I live in the Bay Area, and I think I can't, I rarely see a company in the Bay Area right now who is not applying AI to drive productivity for their engineers, or drive productivity for their customer support reps. So I think a …”

“We have, there was a very famous study came out of MIT a couple months ago that said, 95% of AI initiatives have yet to demonstrate a tangible ROI.”

“It's been enough for this group at MIT to use some of these relatively, you know, narrow purpose-built biology models and create totally new antibiotics. New in the sense that they have a new mechanism of action. Like they're affecting the bacteria in a new wa…”

“That's why the MIT report says 95% of these AI experiments don't work. The customers are not ready.”

“We currently have about 4200 PhD scientists at Lilly. By the way, it's about the same as MIT and Harvard combined.”

“And they were able to achieve planning accuracy of up to 94% on some standardized benchmarks that are used for chain of thought reasoning and planning Using LLMs. This is a 66% absolute improvement over baseline models.”

“There was an MIT study that 95% Of businesses that are trying to implement AI aren't doing so profitable with profitability.”

“Official LLM purchases cover only 40% of firms, yet 90% of employees use personal AI daily, at least those surveyed”

“MIT had a report this week saying that, you know, 95% of gen AI pilots in the enterprise are not turning into not creating real value.”

“We spun out in a very interesting deal with MIT, where we continue to be one of the largest sponsors. I think we're the largest private sponsor of research at MIT.”

“We went, my team went back and we looked at where do all the startup founders come out of school-wise, and three schools dominate by far in terms of big outside outcomes. Stanford is number one by far, and then MIT and Harvard.”

“MIT is a an institution, and that institution is an American institution. And so being very clear about that, I thought was totally the right move for MIT. And you know, I think that YC needs to be a similar, you know, an institution of similar character.”

“In 1939, he was on a three-man team that won the William Lau Putnam Prize, an elite math competition. It was MIT's first time winning this award. His teammate? None other than the future Nobel physicist and outlier Richard Feynman.”

“MIT, total budget, three billion dollars. Tsinghua University, which is in China, the MIT of China, total budget, one billion dollars. What is the budget of IIT Delhi or IIT Bombay? 102 hundred million dollars.”

“We closed our creator fund, sixty million dollars of institutional capital from really serious people like MIT and Michigan and Rutgers”

“Somebody on my team actually went back and asked what are all, There are common schools that all the founders of the biggest companies went to, or the last decade, for example, right? And there's basically three schools that are like a huge chunk of the overal…”

“Other organizations, like MIT under Seth Alexander and Duke under Neil Triplett, have been more active in the emerging manager space in recent years.”

“The reason we were able to recruit a lot of the best people is we started with a bunch of the best people. So it's very chicken and egg. I, you know, from the chess world, from the math world, from Stanford computer science, from my friends who, you know, were…”

“Asian Americans have gone from 41% to 47%, and those gains came on a percentage basis from a decline in the number of Black and Latino students coming in.”

“It's really scary when two founders get together just to start the startup and don't have any history. That, that massive red flag. Sometimes it works out. Like in the case of Dropbox, Drew and Arash, you know, both went to MIT, but I think they didn't know ea…”

“The main original foundational patents, which are now mostly held after a lot of litigation by the Broad Institute, which is, you know, there's this kind of joint patent arrangement with the Broad and MIT and Harvard.”

“When someone from Harvard, or MIT, or Stanford, they always are just there for the commercial, you know.”

“We get more applicants now in a year than Harvard, Stanford, and MIT combined.”

“Normally we know we have to pay out about five percent Of our assets per year to support our institution. That never really changes.”

“For VCs like us, like it actually, the fact that you got admitted MIT is itself a credential. Yeah. Even if you never went right. Even if you never actually completed the thing.”

“I think Facebook, you're on the board of Meta. They used to only hire people from Stanford and MIT, or I think, or Harvard, Stanford, MIT. Like they had like strict rules on them. Nobody has that role anymore. Like that role's gone. Like, I don't know any comp…”

“I remember in 2006, MIT put out this really important report showing that we had enough technically recoverable heat under the United States to account for like 2000 times our primary energy use.”

“I think second is confidence when not to be interesting. I think certain institutions, Yale, MIT, have the resources to always be interesting. Everything they do is interesting. But for something without resources, without that access, maybe the answer is an E…”

“It sort of sucks that there aren't these comfortable middle-class jobs that are growing and abundant. They're shrinking. David Autor, a economist from MIT, has pretty good research on this, and it's just making people a little more unsettled.”

“I paid for MIT by trading high-frequency trading algorithms, so by designing high-frequency trading algorithms”

“The average four year, the average acceptance rate is about 70%. And I know that the, you know, the Harvard's and MIT's dominate the news at, you know, three percent, but they are a tiny fraction of the total market.”

“We saw that eight a.m. Seems to be the peak poop time, at least for that neighborhood that we were looking at”

“There is a, it's a scientific term that is not so popular, but it basically captures all the positive impact you're creating in the world. And there's an entire scientific methodology that mainly was designed by people at MIT that tries to help organizations f…”

“Our biggest expense was not the content creation, because we started as an aggregator, so we had the content from all these independent talent. So that was great. That was not our biggest expense, but our biggest expense was a sales team, and a sales team is n…”

“So, you know, we had 7000 of the top Latino creators in our network.”

“So we learned that the secret sauce, and I apply this to this day on any company that I build, was doing in culture more than in language.”

“So whenever I would bring up to my board, hey, should we be doing direct-to-consumer anything? Should we be charging one dollar for premium content that people could not get enough of? The answer immediately was absolutely not. You cannot disturb those numbers…”

“We had at some point at the height of me to a hundred million uniques.”

“There was a, there's an infamous mailing list, email mailing list at MIT called the jobs list that was run by a faculty member in the computer science department. And it ended up being a place where Harvard and Yale business school students would basically sen…”

“YC is Stanford, Harvard, MIT, and Caltech all rolled into one. And even if you don't learn a goddamn thing from the program, It, all things being equal, you might as well go to Harvard or Stanford or MIT, right?”

“The first six hires, all men, all from the exact same school, same program, had the same, not necessarily the same graduating years, but just in that little cluster.”

“I was a lousy engineer, because although I was good at the subjects I took in math and science, and really interested in them, I wasn't good at applying them to make or operate Things, which is what an engineer does.”

“In that first wave of clean tech venture capital investment a decade ago, early stage series A investors plowed ultimately around 1.4 billion dollars Into startups that were in the categories of material or chemical or process innovation and hardware integrati…”