Steve Jobs once said, “It's all a remix.” And it is a philosophy that Mark Cuba has taken to heart, building his entire career of entrepreneurship and investment in that simple belief. According to Cuba, the real opportunity is finding patterns others have missed, turning it into billions of dollars of confusion.
In today's episode of fairness, Cuba joined TechCrunch's Rebecca Bellan to discuss decades-long strategy of betting on technology before it becomes mainstream, from early investments in local networks and streaming services to current healthcare and AI ventures.
But Cuba's real insight isn't just about picking the winner. Understand why most people who build with AI today are totally missing points.
Cuba has issued a harsh warning about the current AI gold rush. While everyone is using ChatGPT, most people (including Fortune 500 CEOs) don't know how to integrate AI into their real business. His take? Forget the hype. The real money is to help small businesses understand how to use AI tools that already exist.
Hear and listen to the entire episode:
How did you identify disruptive opportunities for LAN, streaming and HD TVs before Cuba was revealed? Why he thinks AI today is “not smart” and why its limitations make it a strong business tool. Future regulatory battles deciding the future of AI regarding IP protection, training data access, and US-China competition. Cuba's latest venture, Cost Plus Drug, expands from transparent pricing to manufacturing. Cuba's prediction is that AI-savvy graduates will become the most in demand employees in all industries.
As usual, Equity will be back on Friday. Don't miss it!
Equity is TechCrunch's flagship podcast produced by Teresa Loconsolo, posted every Wednesday and Friday.
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