Infinite Loops

Podcast Notes Intro

• O’Shaughnessy Ventures (OSV) is a company that invests in creators in the areas of art, science, and technology to help promising creators and their inspiring ideas succeed 
• For most of human history, a genius was born, lived, and died, and no one knew a thing about him or her; today’s technology changes that 
• The Great Reshuffle: Jim’s thesis that all the old business models are collapsing, and that very different, new ones are taking their place
• “I believe that AI is the third technology revolution.” – Jim O’Shaughnessy
• We need as much cognitive diversity as possible for technologies like AI to work; it is currently very Western-centric
• Humans cannot prophesize future knowledge, and thinking that we can is a bug in the human operating system
• Big Tech used the AI algorithm to maximize revenue, but these objective functions can also be used to maximize things like creativity and happiness 
• The guiding principle for OSV: asymmetric opportunities that are win-win 
• Every system other than capitalism – many of them religions – promised people that they would be fed and housed, and they all failed over the millennia 
• Jim believes the free market system succeeds because it is most aligned with human biology and the world 
• Traditionally, networks were where you went to school and where you grew up; but today, networks are being redefined as geography, time, and space all collapse
• Luck exists, and if you’re reading this you probably hit the cosmic lottery, but you must still play the hand that you are dealt 
• Money is a technology that is used to bring ideas to life 

Read the full notes @ podcastnotes.org

We’ve landed.

After 3 months of stealth mode, sneak-peeks, and surprise announcements, we have finally hit launch day.

In this special episode of Infinite Loops, hosted by Patrick O’Shaughnessy, Jim chats through the rationale behind founding OSV, the positive impact he wants it to have on the world, and the ways you can get involved.

Important Links:

• OSV’s Website
  
• Jim’s Twitter
  

Show Notes:

• The origins of OSV
  
• Why OSV does not invest third parties’ money
  
• The story of Jim’s investment in Stability AI
  
• What has surprised Jim the most about the world of AI
  
• What OSV will look like on 1 January 2023: the four verticals
  
• Assembling the OSV team
  
• OSV’s objective function
  
• Where the majority of Jim’s energy will be directed
  
• How you can get involved with OSV