#147 The Past, Present & Future of Generative AI—With Joanne Chen, General Partner at Foundation Capital

In a time when AI is evolving at breakneck speeds, taking a step back and gaining a bird's-eye view of the evolving AI ecosystem is paramount to understanding where the field is headed. With this bird's-eye view come a series of questions. Which trends will dominate generative AI in the foreseeable future? What are the truly transformative use-cases that will reshape our business landscape? What does the skills economy look like in an age of hyper intelligence? Enter Joanne Chen, General Partner at Foundation Capital. Joanne invests in early-stage AI-first B2B applications and data platforms that are the building blocks of the automated enterprise. She has shared her learnings as a featured speaker at conferences, including CES, SXSW, WebSummit, and has spoken about the impact of AI on society in her TED talk titled "Confessions of an AI Investor." Joanne began her career as an engineer at Cisco Systems and later co-founded a mobile gaming company. She also spent many years working on Wall Street at Jefferies & Company, helping tech companies go through the IPO and M&A; processes, and at Probitas Partners, advising venture firms on their fundraising process. Throughout the episode, Richie and Joanne cover emerging trends in generative AI, business use cases that have emerged in the past year since the advent of tools like ChatGPT, the role of AI in augmenting work, the ever-changing job market and AI's impact on it, as well as actionable insights for individuals and organizations wanting to adopt AI. Links mentioned in the show:JasperAIAnyScaleCerebras[Course] Introduction to ChatGPT[Course] Implementing AI Solutions in Business[Course] Generative AI Concepts