Latest Interviews

The New AI Trades

Ryan Hammond, Allison Nathan

In early 2026, software stocks suffered a 25% valuation collapse as forward earnings multiples compressed, while investors grappled with AI-driven disruption risks across sectors like legal and media. Simultaneously, five U.S. hyperscalers are projected to spend $660 billion on capital expenditures this year, a surge consuming 90% of their operating cash flows that has forced reduced buybacks and increased debt reliance. Amidst these headwinds, Goldman Sachs forecasts an S&P 500 recovery driven primarily by 12% fourth-quarter earnings growth and a market rotation toward cyclical sectors rather than AI-centric leaders.

99.9% of the internet is about to be AI?

Alex Blania, Molly O'Shea

World and Merge Labs have secured a direct $250 million partnership from OpenAI to simultaneously combat AI dominance by building a 37-million-user "Proof of Human" network and developing a high-bandwidth brain-computer interface through a new research division. Led by Alex Blania and featuring founding members from Caltech and Forrest Neurotech, the initiative aims to integrate biometric verification into major platforms within months while advancing minimally invasive neural technology with a 15-year consumer roadmap. These dual ventures utilize zero-knowledge cryptography and ultrasound-based sensors to create an anonymous, privacy-preserving ecosystem that generates revenue through network integration fees rather than data sales.

Movies, Games, Anime: Redefining the Fanverse in the Gen Z Era | Asia Summit 2025

Chong Seow Wei, Maureen Fan, Kun Gao, Patrick Lee, Kevin Lin

Industry leaders Maureen Fan, Kun Kun Gao, Patrick Lee, and Kevin Lin convened to redefine Gen Z fandom as a shift from passive consumption to active co-creation and transmedia immersion. The panelists analyzed how authentic creator-driven pipelines, particularly in Asian entertainment, and platforms like Roblox are reshaping audience power, while noting that AI democratization will necessitate stronger human curation to manage the resulting content explosion. Their discussion concluded that future business success relies on building direct creator-to-audience infrastructure that prioritizes collaborative storytelling and physical live experiences over traditional gatekeeping and isolated adaptation silos.

The New Way To Build A Startup

Garry

Companies such as GigaML, Legion Health, and PhaseShift are redefining operational scale by automating all internal workflows—from code integration to clinical operations—rather than merely augmenting isolated functions. This "20X company" model enables lean teams of just a few employees to service Fortune 500 clients and achieve fourfold revenue growth while maintaining flat headcounts that would traditionally require hundreds of staff. By treating internal processes as the primary product, these organizations achieve AGI-level productivity, allowing them to compete directly with massive incumbents without the corresponding payroll burdens.

How to protect your investments from an AI bubble | The Economist

Joshua Roberts, Rosie Blau

Investor sentiment regarding artificial intelligence has shifted from optimism to apprehension as analysts draw parallels between current valuations and historical technology bubbles where share prices vastly outpaced earnings. While traditional hedges like bonds and gold have proven unreliable during recent market turbulence, experts highlight high-dividend and low-volatility equities as more effective defensive strategies. Ultimately, the prevailing consensus advises against timing exits during downturns, reinforcing a long-term "buy and hold" approach as the most robust method for navigating potential market corrections.

Debt Spiral or NEW Golden Age? Super Bowl Insider Trading, Booming Token Budgets, Ferrari's New EV

Friedberg, Chamath Palihapiti, Jason Calacanis

Scheduled for May 31 through June 3 in Wine Country, the "Liquidity" retreat will convene a select group of capital allocators and technology CEOs to facilitate transparent deal-making and network expansion. This exclusive event targets emerging and established leaders in public and private markets to foster direct capital allocation opportunities outside traditional closed-door channels. Attendees must undergo a rigorous application process to ensure the gathering includes a diverse mix of top-tier managers and innovators focused on navigating current economic and technological shifts.

Is Takaichi Sanae the most powerful woman in the world? | The Economist

Takaichi Sanae

Sanae Takaichi became Japan's first female Prime Minister after securing an unprecedented LDP majority, launching an aggressive push to expand defense spending to 2% of GDP and revise the constitution to formalize military status. Her administration has explicitly abandoned strategic ambiguity by asserting that a Chinese attack on Taiwan constitutes a threat to Japan's essential interests, a move that triggered severe diplomatic retaliation and a tourism ban from Beijing. This hardened security posture aims to counter China's rapid military expansion and reduce reliance on the US alliance, though it creates significant domestic and international hurdles for her constitutional revision agenda.

End of an Era A Conversation With NBA Great Kobe Bryant | Global Conference 2016

Kobe Bryant, Jim Gray

In a candid reflection on his 20-year career, Kobe Bryant explains that his retirement was driven by an internal desire to pivot to storytelling and media rather than physical decline, a decision made independent of team performance or his 60-point finale. Throughout the interview, he details an evolved leadership philosophy centered on "brutal honesty" and the "hero-villain" dynamic, while affirming his enduring mentorship bond with Michael Jordan and reconciled relationship with Shaquille O'Neal. Bryant concludes by urging athletes to cultivate passions outside of sports during their prime, highlighting his current focus on creating fantasy-infused narratives through his "Kobe, Inc." ventures to transform how sports stories are told.

Still Bullish on Gold

Lina Thomas, Chris Hussey

Competing demand from central banks and private investors is driving a self-reinforcing rally in gold prices, while Goldman Sachs forecasts a 2026 target of $5,400 based on declining Federal Reserve rates and fiscal debasement fears. The silver market is experiencing extreme volatility due to a severe liquidity squeeze in London vaults, which Goldman Sachs expects to persist despite the metal's potential as a speculative vehicle. Although geopolitical tensions are fueling broader commodity stockpiling, the firm distinguishes gold's constrained supply as superior to the scalable nature of non-precious metals like copper, which limits their capacity for a sustained super cycle.

How much tax should the rich pay? | The Economist

Henry, Mike

Contrary to narratives of neoliberal rollback, recent data reveals a "Robin Hood economy" in the developed world where increased government redistribution has stabilized post-tax inequality despite rising pre-tax disparities. While U.S. top earners now contribute a larger share of federal taxes as high-earning professionals rather than evaders, polling indicates a persistent public perception that their tax burden remains insufficient. This economic reality clashes with philosophical debates between Henry, who warns that fairness requires limiting taxation to preserve incentives, and Mike, who advocates targeting negative externalities and consumption rather than income or capital.

Why OpenClaw Broke The Internet

OpenClaw distinguishes itself as a local AI agent that executes autonomously on user hardware with full permissions to interface directly with IoT devices and control physical environments. By leveraging comprehensive access to a user's entire local dataset, the system successfully reconstructed detailed historical narratives from forgotten files to deliver deep, unexpected insights. Unlike cloud-based competitors, this platform grants users granular control over their digital footprint while enabling direct interaction with tangible assets such as vehicles, appliances, and smart beds.

From Potential to Powerhouse: Navigating India's Growth Journey | Asia Summit 2025

Menaka Doshi, Rahul Mammen, Prabhat Ojha, K V Rao, Siddharth Shah

A panel of industry leaders described India's current economic landscape as a paradox of optimism and pessimism driven by structural resets in legal, digital, and physical infrastructure that have spurred record foreign investment despite US trade tariffs and immigration restrictions. While short-term Foreign Portfolio Investment has rotated out due to high valuations, the economy remains resilient through robust domestic savings, a massive annual engineering talent pool, and a shift toward innovation-led manufacturing in sectors like automotive and electronics. Experts advise international investors to prioritize long-term horizons and active local partnerships to navigate stickier regulatory challenges and capitalize on growth emerging from previously underdeveloped northern and eastern states.

AI Native Hedge Funds

A former quantitative researcher identifies the current inflection point where AI-native strategies are displacing legacy quantitative trading models, noting that established hedge funds are already lagging due to slow adoption. The initiative targets the development of autonomous "swarms of cloud agents" capable of synthesizing financial data and executing trades without human intervention to secure a decisive competitive advantage. This speaker is currently recruiting through Y Combinator to build the first fully automated financial firm that mirrors the paradigm shifts seen in the 1980s.

Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson

Magic Johnson, Chris Lyons, Earvin "Magic" Johnson, Michael Ovitz, Dr. Jerry Buss

Magic Johnson outlines the strategic transformation of sports franchises into billion-dollar assets, highlighting how ownership shifts toward equity over endorsements and leveraging high consumer demand alongside mobile streaming trends. He details a diversified investment philosophy that prioritizes cash-flow-positive sectors like healthcare infrastructure and AI, while emphasizing the critical need for athletes to build capital reserves and secure mentorship to navigate complex deal executions. Ultimately, Johnson advocates for a collaborative approach where established figures share knowledge and networks to democratize business access, enabling the next generation of athlete-entrepreneurs to capitalize on emerging markets such as women's sports and the NIL economy.

Inside Jake Paul’s Empire: $200M Boxing Earnings to $65M+ Tech Investing

Jake Paul, Geoffrey Woo, Molly O'Shea

Founded by brothers Jeff Wu and Jake Paul, Antifund deploys a flexible $65 million investment strategy targeting early-stage seed rounds through IPOs to capitalize on the cultural dominance of Gen Z and Millennial demographics. With the recent addition of Logan Paul to partner roles, the firm leverages the siblings' vast networks and "unfair advantages" in media to build a portfolio focused on AI infrastructure, robotics, and defense technology. Their operational model prioritizes extreme time efficiency and high-output lifestyles to drive a long-term target of 5x returns while mentoring a new generation of entrepreneurs through upcoming summit events at their Texas ranch.