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E25: Lambda School Drama, Meta's Path to AI, and Why Hardware Constraints Protect Your Privacy

On this week's episode of The Riff, Erik and Byrne discuss income sharing agreements, the privacy/security/usability efficient frontier, and how Meta ended up with all their GPUs. Get Harmonic: Head to https://bit.ly/harmonicturpentine and make sure to mention Turpentine during your demo.

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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

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SPONSORS: Harmonic | BeeHiiv

Harmonic: Learn why Craft, Bedrock, NEA and 100s more trust Harmonic’s data to source deals. Harmonic is the most complete startup database, finding new companies as soon as they incorporate and tracking them through IPO. Head to https://bit.ly/harmonicturpentine and make sure to mention Turpentine during your demo.

BeeHiiv: Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 Head to https://Beehiiv.com and use code "MOZ" for 20% off your first three months

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RECOMMENDED PODCAST: Autopilot explores the adoption and rollout of AI in the industries that drive the economy and the dynamic founders bringing rapid change to slow-moving industries. From law, to hardware, to aviation, Will Summerlin interviews founders backed by Benchmark, Greylock, and more to learn how they're automating at the frontiers in entrenched industries.

Listen on Spotify: https://open.spotify.com/show/6YQZkKHN7EP2yWedAvSxBC?si=18377c69a2804333

Listen on Apple: https://podcasts.apple.com/ca/podcast/autopilot-with-will-summerlin/id1738163836

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TIMESTAMPS:
(00:00) Intro
(00:26) Exploring Income Share Agreements and Lambda School
(08:01) The Controversy and Potential of Lambda School
(18:46) Sponsor: Harmonic | Beehiiv
(21:17) The Bear Case on Income Share Agreements
(24:31) Barriers and Threats of Selling New Financial Products
(29:51) Innovative Financial Models and Crypto's Role
(30:50) Exploring Personal Prediction Markets and Startups
(32:51) The Impact of AI on Content Creation and Social Interactions
(35:54) Navigating the Continuum of Human and AI Interaction
(38:59) Meta's Strategic Shift Towards Generative AI
(48:02) The Evolution of Privacy, Security, and Usability in Tech
(52:21) Debunking Myths Around Index Funds
(1:01:58) Adapting Investment Strategies in an Efficient Market
(1:03:40) Wrap

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LINKS:

Byrne’s writing:

https://thediff.co

Erik’s post on income sharing agreements: https://eriktorenberg.substack.com/p/life-capital

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X / TWITTER:

https://twitter.com/eriktorenberg (Erik)

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

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For guest or sponsorship inquiries please contact Sam@turpentine.co

"The Riff" Podcast
"The Riff" with Byrne Hobart and Erik Torenberg
Investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future.  
Topics covered: Finance, Venture Capital, Tech, AI, Crypto, and Industry Cycles
The Riff is a part of the Turpentine podcast network.