How Impatient Should Founders Be In The Pre-AGI Era?

1. DCDalton Caldwell0:00

   If all of your norms are the way to get rich is to just make short-term bets, you actually may know, know more people in your real life that made money from short-term bets-

2. MSMichael Seibel0:08

   Yes

3. DCDalton Caldwell0:08

   ... than long-term bets.

4. MSMichael Seibel0:09

   Yes. Look at the 20 software companies that you respect the most. Tell me which one of those blew up super fast. Which one was like, they made it in a year?

5. DCDalton Caldwell0:18

   None.

6. MSMichael Seibel0:18

   And like, what does that, what does that mean? [laughs]

7. DCDalton Caldwell0:21

   [laughs] Why?

8. MSMichael Seibel0:24

   [upbeat music] All right. This is Dalton + Michael, and we're gonna talk about some advice for young people now that we're in this AI era.

9. DCDalton Caldwell0:33

   Yeah.

10. MSMichael Seibel0:34

    This is the AI era, right?

11. DCDalton Caldwell0:35

    Yeah. We're, we're in the AI era.

12. MSMichael Seibel0:36

    In the AI-

13. DCDalton Caldwell0:36

    It's hard to be in the era when you're in it.

14. MSMichael Seibel0:38

    I think-

15. DCDalton Caldwell0:39

    But we're in it

16. MSMichael Seibel0:39

    ... we might be.

17. DCDalton Caldwell0:40

    Yeah. We're in it.

18. MSMichael Seibel0:40

    I'm gonna set this up, Dalton. I'm gonna give you the controversial first thing to bounce off of. Super intelligent is imminent. We might be entering the, you know, end of days. How much of the pre-A advice even applies anymore? N- you know, I'm a young person. Like, are we not in a break glass in case of emergency zone where I need to ignore everything and just like go nuts, start my company, do whatever I'm gonna do, like-

19. DCDalton Caldwell1:06

    Yeah

20. MSMichael Seibel1:06

    ... like, like you know, it's like time is of the essence.

21. DCDalton Caldwell1:09

    I mean, look, in some ways time is of the essence in that if you're paying attention to what's going on, and you're learning the tools, and you're in the right place at the right time-

22. MSMichael Seibel1:20

    Mm-hmm

23. DCDalton Caldwell1:21

    ... it's a really good move. Um, and so there is a, there actually is an argument that being strategic about what you spend time on, who you spend time on, what you learn-

24. MSMichael Seibel1:31

    Yeah

25. DCDalton Caldwell1:31

    ... is smart.

26. MSMichael Seibel1:32

    Especially in the beginning of an era.

27. DCDalton Caldwell1:34

    Right?

28. MSMichael Seibel1:34

    You get a lot of extra juice if you're early on a skill set in the beginning of an era, right?

29. DCDalton Caldwell1:40

    Yeah.

30. MSMichael Seibel1:40

    So that's, that is totally true, and you should think about that, and we can talk about that in a second.

Episode duration: 15:25