Tomasz Tunguz

7 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement May 16, 2024 by Tomasz Tunguz · said 3 times in 1 episodes since 2024 · across every show →

On the record as a speaker too: Tomasz Tunguz's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Tomasz Tunguz, oldest first

May 16, 2024 bearish
Assertion Not checkable as stated
$1B to $10B foundation model training costs price out startups
“As the cost to train all these large language models becomes bigger and bigger, Amazon's talking about a billion dollars for a single run or ten billion dollars for a single run. It's beyond the realm of startups to really spend any time there.”
Tomasz Tunguz May 16, 2024 ▶ 20:18 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024 neutral
Prediction Not checkable as stated
Expect major data stack vendor consolidation in the coming quarters
“So I think you'll see quite a lot of consolidation in the next couple of quarters.”
Tomasz Tunguz May 16, 2024 ▶ 35:37 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024
Prediction Didn’t hold up
~35 US states will enact data privacy regulations by late 2025
“I think by the end of 20, 25, something like 35 states in the US will have their own privacy regulation.”
Tomasz Tunguz May 16, 2024 ▶ 7:22 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024 neutral
Assertion Not checkable as stated
Most data leaders favor restricted access to ensure data accuracy
“The one school of thought, what would you call classical, is that it's better for the organization to have less data if the data is all correct. And it's very easy to misinterpret data. There's there needs to be a lot of education on statistical significance o…”
Tomasz Tunguz May 16, 2024 ▶ 44:42 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024 positive
Insight
Generative AI is fundamentally a multi-gigabyte knowledge compression engine
“The way we think, I think about generative is, it's a really great knowledge compression engine, right? Like I can compress the internet into a model that's like three gigs, right?”
Tomasz Tunguz May 16, 2024 ▶ 19:15 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024 bullish
Prediction Not checkable as stated
Core AI IP advances may shift from foundation models to retrieval
“So maybe the core intellectual property advance actually happens in the information retrieval step and the embeddings and the vectors as opposed to the underlying models.”
Tomasz Tunguz May 16, 2024 ▶ 20:30 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
May 16, 2024
Insight
$50M+ startup acquisitions take 12-18 months of internal championing
“So when someone buys a business, not an acquihire, but let's say like 50 to fifty million plus, someone in a company, in the acquiring company is saying, I am betting my career, effectively, in this company, that we should buy this company at this price. And t…”
Tomasz Tunguz May 16, 2024 ▶ 46:38 AI, Data and Blockchain: a VC perspective | Tomasz Tunguz, Founder of Theory Ventures
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