Ep 95 - AI Tools, Trends & Future – a16z’s Justine & Olivia Moore Break It Down
The Aarthi and Sriram Show
January 30, 2025
0:00 Intro 3:15 - State of AI at the beginning of 2024 12:30 - Valuations and fundraising landscape today 16:20 - Founder backgrounds for AI startups 19:15 - Are AI companies defensible? What moats do they have?
Speakers Aarthi Ramamurthy, Olivia Moore, Justine Moore
TopicsTechnologyBusiness
Aarthi Ramamurthy (0:00)
Very few people on Twitter who I have notifications on, and you are two of those people where I just obsessively follow everything you tweet and post about.
Olivia Moore (0:08)
It's funny because I remember this time last January, I was like, wow, our AI photos are amazing. And then I look back at the same prompt now, and I'm like, that looks like abstract art.
Aarthi Ramamurthy (0:17)
I think this is like no better time to go build a company if you're a founder or you want to be a founder.
Olivia Moore (0:22)
So many first time founders that are just opinionated on something they want to see exist that maybe was never possible to build before and that we can have now. Being a Stanford dropout is almost better than being a Stanford graduate.
Justine Moore (0:36)
Using AI for therapy, we'll get support from it, get insights, and then ask questions like, what should I know about myself? People love that and people find it super valuable, but there's also a ton of hate comments about like, these aren't real therapists.
Aarthi Ramamurthy (0:49)
What do you think is going to happen this year with the big companies?
Hey, everyone. Welcome to the Aarthi and Sriram Show. Today, we have just me interviewing two amazing people. I've always wanted to talk to both of them. They're Olivia Moore and Justine Moore, famously known as the Venture Twins. They're both partners at Andreessen Horowitz, who focus entirely on AI investments. We wanted to kick this off as a special episode for the year. It's our first episode of the year to be able to talk about all things AI. What are people building? How has last year been? What are predictions for 2025? Favorite applications, AI applications that both Olivia and Justine use, and so much on building AI companies, scaling AI companies, enterprise, consumer use cases. We just get really deep in it. There's a little bit of something for everyone here, and I thought it was a lot of fun and I hope you enjoy it too. With that, Olivia and Justine Moore on our show. Justine, Olivia, welcome to the show. This is our first ever episode recording in 2025 This time around, it's a solo show in truly literal self. It's just Aarthi instead of the Aarthi and Sriram show. Sriram now has a real job, so he's off to the White House to go figure that out. In the meantime, we thought we'd just kick things off with all things AI. We thought, you are the two people who I have very few people on Twitter who I have notifications on, and you are two of those people where I just obsessively follow everything you tweet and post about. And when you did the urine roundup, I was like, wait, we have to get them on the show and talk about all things AI, predictions, past, all of that. So with that, welcome. Welcome to the Aarthi and Sriram show.
Justine Moore (2:55)
Thanks. We're super excited to be here. It's big expectations if you have notifications on for our tweets, but we will try to live up to it.
Aarthi Ramamurthy (3:03)
I see everything. I see all of it. It's great. It's great fun. Even the ones you delete, I see them.
Justine Moore (3:08)
I was going to say, yeah, on occasion.
Aarthi Ramamurthy (3:11)
Yeah. And I wanted to, last year this time, January 2024, when we looked at state of AI and where things were, I thought things were pretty wild then.
And at that time, it was key LLM players. You saw the Open AI, Anthropics of the World dominating. You started to see this open source model boom at that time. You started to see some AI-powered extension apps, like Innotion AI, things like that. Not really much in the sense of consumer proliferation as such. There was just, you would see like Sunoo and Udio and all these apps just starting to sort of come in into the scene. Low code, no code tools. Again, like starting to be like, oh, we are interesting too. Take a look at us kind of thing. And in the 12 months, and at that time, I remember January, hallucinations was a big problem. Everybody was talking about like biases, hallucinations. Regulations was a big deal. We also talked about training and how expensive it was going to be to train models and would this even be scalable? And then data, it was like endless supply of data. No one ever talked about like us running out of data, right? Like that was sort of where the things thinking was. What do you think has happened in the last 12 months, starting from say, 2024 Jan to 2025 Jan, where we are now? Totally.
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