Insight certainty 4/5 debate potential 2/5

Ng: AI Fund avoids broad top-down ideas, requiring concrete use cases

Andrew Ng · No Priors Ep. 128 | With Andrew Ng, Managing General Partner at AI Fund · Aug 21, 2025 · at 33:22

Andrew Ng (Managing General Partner at AI Fund) explains how the venture studio selects and screens startup opportunities in applied AI.

0:00 / 0:41exact quote · 41.3s
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“And so one of the lessons I've learned is we really like concrete ideas. So someone says, I did a market analysis, AI will transform healthcare. That's true, but I don't know what to do with that. But if someone, a subject matter expert or an engineer comes and says, I have an idea, look at this part of healthcare operations and drive vision and all this. They go, okay, great. That's a concrete idea. I don't know if it's a good idea or a bad idea, but if it's concrete, at least we could, you know, very efficiently figure out the customer's wonders, is it technically feasible, and get going. So I find that AI fund when we're trying to decide what to do, we screen a long list of ideas to try to select, you know, a small number that we want to go forward on. We don't like looking at ideas that are not concrete.”

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