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The World Financial Discussion board’s annual assembly in Davos felt totally different this yr, and never simply because Meta and Salesforce took over storefronts on the principle promenade. AI dominated the dialog in a method that overshadowed conventional subjects like local weather change and world poverty, and the CEOs weren’t holding again. There was public criticism of commerce coverage, warnings about AI bubbles popping, and lots of speak about what comes subsequent for the trade.
In the meantime, again in Silicon Valley, AI startup People& raised a $480 million seed spherical with no product in the marketplace, only a imaginative and prescient for “social intelligence” AI and a crew of ex-Anthropic, Google, and xAI staff.
Immediately on Trendster’s Fairness podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane focus on why elevating a whole lot of hundreds of thousands earlier than constructing a product is apparently the new norm, which conversations took over Davos this week, and extra.
Hearken to the total episode to listen to extra from the week, together with:
Whether or not Meta’s 10% layoffs at Actuality Labs means the top for the metaverse, and who’s defending Meta’s VR investments
Subscribe to Fairness on YouTube, Apple Podcasts, Overcast, Spotify and all of the casts. You can also observe Fairness on X and Threads, at @EquityPod.
