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Emad Mostaque

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2023-05-17
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2023-05-17
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  1. I think that you can change the nature of a doctor because a lot of the stuff is very basic. I think had Babylon Health and others trying that chatbot, it wasn't ready. Now you've got this. Everyone should have their own AIs looking out for their own health with that objective function. And then the nature of a doctor becomes different in terms of they have more rich information about an individual while it being preserved in a private manner. I think what you have is you have things like processes and procedures improving, a wound care, for example, in the NHS. If you are injured as an elderly person and your wounds aren't treated properly, you're more likely to die by a factor of eight times. Being able to monitor those types of things with this information set means you're eight times less likely and then you have far more efficiency around that. So the information density around healthcare improves, which means that then our own healthcare improves. We all have access to as much knowledge as we want to within our own context. And so do our providers and the people that help us.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  2. Exactly. It's not great. I mean, it's like we know the benefits of vitamin D, right? But we still don't prescribe that at scale. And so many people are deficient.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Have you smirched? Have you done this? It's stupid, right? We were all treated the same. I think assigned 10% of people have a cytochrome P450 mutation in their liver, which means they metabolize drugs fast quicker. So if you metabolize codeine, it turns into morphine or fentanyl kills you. But that's a very basic genetic test yet we give everyone 500 milligrams at the same thing. With my son, a microdose of 5 milligrams of clonazepam, which is used for anxiety disorder, worked with a neurologist, allows him to sing. The standard dose is 1,000 milligrams. They can only prescribe it a thousand. But that is a $6 a year treatment that affects his gamma glutamate balance. But only for his specific type of ASD, which is only 7% of all kids with ASD. But why would that be in a pharmaceutical company's interest? Because how are they going to make money off a $6 a year treatment?

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  4. I think it can help a lot with that economic misalignment because then you have an authoritative source where we can all come together and build that can analyze these things because there's this concept of ergodicity. A thousand coins tossed in a row is the same as a thousand coins tossed at once. And because we're so limited in our information in our medical system, I just had my key management, so I had to answer 40 minutes of questions.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  5. You and your queries because this is the other thing about lots of the language model things we've seen right now they are one to one goldfish memory. The next step is one-to-one. It remembers what you're asking for, like a cookie or an embedding. And then it's you plus a thousand of these language models all going and doing your bidding, the agent-based kind of thing.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  6. First, we don't have to have that in data family. So we had Galactica as a scientific language world, but now we have MedPOM2 that exceeds doctor level. So that was a Google announcement yesterday. We have AIs that can understand articles better as good as doctors, shall we say now. So we can scale that because why do you need one when you have a thousand? So we take the existing generalized knowledge and all the hypotheticals, and we bring that together into an integrated common system available to everyone. Because the building blocks are nearly here for that. Then you can personalize it later. And again, there are regulations and things around that to how we treat our loved ones and other things like that. The first thing is let's get all the knowledge in one place and make it organized and useful. And so I think we're at that point now where the language models have just hit that point that we can organize all of the world's Alzheimer's knowledge, longevity knowledge, autism knowledge, MS knowledge, and you can just type and it can say this is the source, this is what it looks like. These are some hypotheticals. This is what we know we don't know, what we think we might know, etc. And then it can learn about

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  7. So, I think a large part of our problem is that we can't scale because information flow is so limited as we write these things down. You can never capture all of that. So anyone who's had a loved one that has one of these conditions knows how difficult it is. Because you go from specialist to specialist and you try to build that mental map. And we're so lucky that we have so much access. But why isn't it that we can't just push a button and see every clinical trial and a deconstruction of all those and things? What if you had a thousand GPT-4s organizing all that knowledge and then make it available to everyone? So you can see the exact potential mechanisms that MS works and all the potential food other things that work with that. So as you try different things with your family member, you can see she reacted this way to the food or this way to this medicine and it is a more holistic thing because you can have personalized medicine versus one specialist for a thousand people. You can have a thousand GPT4s or equivalents or medpalm2s for you. So we need to organize all this knowledge and then use these language more.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  8. And so I did that for a number of years, and the reason we successful made lots of people money, not so much myself because I was too young. And then my son was diagnosed with autism and I quit because they said there was no cure, no treatment, no information. I was like, I'm a hedge fund manager. I can deconstruct things. And so built an AI team and then did a literature analysis of all the autism literature to try and figure out the commonalities and then drug repurposing. So focusing on gamma agglutamate balance in the brain. GABA is what you get when you pop a valium. It calms you down and glutamate excites you. And so in kids and people with ASD, it's like there's too much noise going on. It's like when you're tapping your leg and you can't focus. And so that's why you get this sensitivity. Sometimes they can't speak like my son. And so it was like mechanisms to bring that down that then allowed to have applied behavioral analysis and these other things to reconstruct his speech. And then he went to mainstream school, which is pretty cool.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  9. So, with the hedge fund, so I joined Pick Tait Management, and then the CIO left, and there was this fund, and I got to be a portfolio manager, and I was 23. And so I grew my beard to look a bit older. And it's coming. Get the other clip on Harry. Can't do the moustache, but I still wear.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  10. Yes, and I took my gaffe and was like, might as well be Enterprise Programmer. This was before GitHub and everything. So we had subversion. And kids these days have it so easy. And then I was like, what do I do now? And so I became a VC analyst at Oxford Capital Partners. And that was a lot of fun. They were fantastic. And then I was like, I want to do movies. So I became a movie reviewer. So I did the Raindance Film Festival, British Independent Film Awards, and they were just popping around doing random things and accidentally became a hedge fund manager.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  11. I was born in Jordan, grew up in Bangladesh, came to the UK. It was always a bit of a struggle fitting in, but then you learn to adapt. You learn to adapt to new scenarios, new environments like, oh, don't speak the language. What's happening? Let's learn and let's move on from there. I think it gave me a bit of appreciation of the world as well, because we stick in our monocultures very often. Like, I don't ever be to Silicon Valley. Actually, I've never been to Berrier once before last October. And so this whole tech monoculture has been a bit of a shock to me. And I'm like, there's more to the world. So this is some interesting things around that.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source

  12. I think this will be a bigger economic impact than COVID. I think that there's only going to be five or six foundation model companies in the world. Every big company is looking for an answer. The reality is no models that are out today will be used in a year. There is no such thing as an unbiased model.

    2023-05-17 · The Twenty Minute VC · 20VC: Why the AI Bubble Will Be Bigger Than The Dot Com Bubble, Why AI Will Have a Bigger Impact Than COVID, Why No Models Used Today Will Be Used in a Year, Why All Models are Biased and How AI Kills Traditional Media with Emad Mostaque, Founder & CEO @ · IDENTIFIED FROM THE TRANSCRIPT · source