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Gentlemen .... very interesting discussion. Lots of food for thought. 2 follow-ups, 1) how does a retail investor play some of these names/themes. many of the ideas mentioned still are within private companies ? 2) covid's impact on the economy, and its related spillover effects for credit and looming insolvencies, may continue for longer and be deeper than current estimates. will this push out adoption curves and developer revenues for a few years ? seems that potential customer corporations may not spend capital freely under this economic environment. many corps may be focused on just surviving versus improving processes via new technology.

The Chorus company uses Zoom video to psychologically profile unwitting subjects and then sells that data, much more sophisticated data than Facebook has, to sales departments of its customers so that they can better manipulate a sales target into buying a product that the target of his/her own free will wouldn't purchase. And he pans Facebook for its ethics whilst investing in Facebook's business model, 2.0? Second, AI interference creates all sorts of complications. Does the subject know that AI has profiled him/her, and what the conclusion is? Is the subject aware that the conversation is a little unnatural, and that the sales person is AI assisted? Humans are perceptive. Does this defeat the natural bond that a skilled salesperson can quickly build? Doesn't this disempower the employee, whereby skills and knowledge are all captured by the software. Third, just how good is AI? Can it discern between humour and serious comment, irony, sarcasm? Does it have knowledge of the environmental amd historical context of certain human behaviours? For example, a relationship of 10 years will have very different dynamics to one established 5 minutes ago. Can it distinguish between personalities, different levels of ethical self-control? Can it correctly identify the purpose of a smile? Politeness of not? Whether silence is shyness or arrogance? Can it capture the differences in 7 billion human minds? Are the algorithms really that good? Perhaps one day.

Fascinating including the idea of augmented coaching - I plan to check out Chorus.ai as I am interested in how much of the complete selling skill set they are addressing.

In my experience of working on legacy modernization in payments space, resistance to change is a big , big hurdle. Part of it is the kind of usability transitions that Gordon talks about - from Form Based S/W to AI/ML enabled Augmentation - takes a lot of effort. That effort has opportunity cost which often times is large, depending on execution. This angle was not addressed. Purely as a tech piece, as some commentators mentioned, this is a few years late. Spunk, Cloudflare, Snowflake, Datadog, Twilio and many more SaaS players are already here for quite some time now. That said, what an awesome interview. Raoul at his best extracting the insights. Love it!!

What an amazing personality and fascinating thinker Mr Gordon Ritter is. I will need to watch this conversation several times, in order to try to catch up with his many levels of vision and thinking. And wouldn't it be wonderful if Mr Ritter would himself conduct a series of interviews on RV, with the people that he wants viewers to meet in their conversations about these topics? Wouldn't that plant great seeds of understanding?

Very interesting.

This was really fascinating. I work as a High Performance Computing Systems Engineer in a university. I am involved in setting up computing systems for researchers for AI and machine learning. For people who want to invest in stocks this is what I can tell you. AI and machine learning requires heaps and heaps of data as input for processing therefore it requires crazy and crazy amount of CPUs, memory and storage. I am therefore invested in Micron Technology and Pure Storage. Would welcome any additional suggestions. Gordon also mentioned pay attention to each company's data set and how they are utilizing AI. Companies who can harvest quality data sets before their competitors have a such a big first mover advantage and it becomes a powerful moat. One of the companies that I was studying was crowd strike, and when I made the decision to invest that stock was already 4x up! Ouch I missed it :)

Great interview Raoul - thanks Gordon. Fascinating. Brilliant how it was explained that humans are the tweak-factor, algos can only optimise, and learn from us. I like the ideas discussed, but at the same time would have to wait and try them out - thinking that people have different personalities, ways of receiving and communicating information. At the momo I find most machine/AI interaction annoying, not helpful. When its wrong it is plain stupid sort of thing. It could have some dangerous uses too - look at the evolution of FB, Google and Twitter say (censoring free speech). There's a lot in the interview to think about. Great questions, great guest. Cheers.

I was on RV to do something on this sector back in the days of Think Tank. Finally Raoul got it it. Well better late than never.

more tech interviews please! some of these people have great insight into future possibilities.

That one point about UBI was a bit disappointing.

A SIDE NOTE: imagine if every time the AI learned something from a user, and then shared it to others, that user would receive a micropayment of some kind... Perhaps via some sort of value layer underpinned by block chain - which could even be platform independent? Would this then encourage users of these systems to try new things and develop their skills in the hope of monetary reward? The platforms with the most ingenuitive users would also become the most valuable? The possibilities are endless! :)

A fantastic interview, thank you gents. My 25 years experience in the I.T industry meant I was smiling at some of the statements made here. For instance, there is an incredible amount of work required to develop this new technology to the level of usability Gordon is talking about. That said, I am inspired by Gordon's passion towards leveraging technology to augment humans, rather than replace us. If there's one things machines can't do, it's innovate...

Excellent discussion and interaction.

Capitalism does not have the capability to self regulate us from destruction. AI is taking over the world. Robots will soon train people to help robots be better. This will happen faster and faster until the robots become self-aware and improve themselves.

Great interview. A couple of companies we advise have also invested in these sort of AIs, ML and BigData companies that are able to sort and utilise data in various sectors and settings. Some of them do unstructured data which I think is more the goldmine of investment opps as it allows to dive back deep into past data as well as dealing with new data which can be sorted more easily. I guess the grandfather of these data collection/harvesting is Palantir....

Hmm. He did't mention people's resistance to change. I can imagine Raoul's mother (or my mother) reading a computer screen that says "well done, you did well" and thinking 'oh fuck off you stupid thing, how do I turn you off?"

fantastic interview

Excellent! Private markets need more coverage.

SUPERB INTERVIEW!!

I don't always comment - but this interview was brilliant. Insights that will fuel thought and create a context in which to view future investment idea's. I thank you Gordon & Raoul - Pura Vida

Don’t harvest us too much Raoul!!! 😂 and you didn’t ask him about btc? and saas for crypto? 🤔