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No Priors Ep. 3 | With Stability AI’s Emad Mostaque

AI-generated images have been everywhere over the past year, but one company has fueled an explosive developer ecosystem around large image models: Stability AI. Stability builds open AI tools with a mission to improve humanity. Stability AI is most known for Stable Diffusion, the AI model where a user puts in a natural language prompt and the AI generates images. But they're also engaged in progressing models in natural language, voice, video, and biology. This week on the podcast, Emad Mostaque joins Sarah Guo and Elad Gil to talk about how this barely one-year-old, London-based company has changed the AI landscape, scaling laws, progress in different modalities, frameworks for AI safety and why the future of AI is open. 00:00 - Introduction 02:00 - Emad’s background as one of the largest investors in video games and artificial intelligence 07:24 - Open-source efforts in AI 13:09 - Stability.AI as the only independent multimodal AI company in the world 15:28 - Computational biology, medical information and medical models 23:29 - Pace of Adoption 26:31 - AGI versus intelligence augmentation 31:38 - Stability.AI’s business model 37:44 - AI Safety

Sarah GuohostEmad MostaqueguestElad Gilhost
May 2, 202345mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Stability AI’s Emad Mostaque Bets On Open Models Powering Humanity’s Future

  1. Emad Mostaque traces his path from hedge funds to founding Stability AI, driven by personal experiences with autism, COVID research, and a belief that AI should be open infrastructure available to everyone. He explains how Stability catalyzed the open-source ecosystem in image, language, and biology models, and why he thinks foundation models will ultimately be open while private firms focus on instruction-tuning and fine-tuning. Mostaque outlines Stability’s multimodal work across media and computational biology, its close cooperation with governments and academia, and its focus on deployable, customizable models rather than ever-larger ones. He also discusses global adoption dynamics, democratic implications, and why we need regulation and standards around large models, data usage, and AI-driven manipulation while prioritizing “intelligence augmentation” over the pursuit of AGI.

IDEAS WORTH REMEMBERING

5 ideas

Open-source foundation models will likely dominate the deep-learning layer.

Mostaque argues that governments, academia, and coordinated open efforts will have more compute and broader incentives than any single private company, making core base models an open infrastructure layer while businesses compete on instruction-tuning, fine-tuning, and applications.

Smaller, optimized, and combined models can rival or surpass giant monoliths.

He highlights work like Chinchilla, FLAN, and Med-PaLM to show that better data, instruction-tuning, and specialized fine-tuning can make smaller models highly capable, and predicts a future where many interoperating models outperform a single gargantuan system.

Media and creative workflows are already being structurally reshaped by generative AI.

From Stable Diffusion to video and audio models, studios are saving millions, creators gain powerful tools, and visual communication becomes accessible to non-experts—transforming everything from film production to everyday meme-making and art therapy.

Emerging markets may leapfrog the West with AI-native education and healthcare.

By building AI-first systems in places with minimal legacy infrastructure, Stability and partners are already demonstrating rapid gains (e.g., tablet-based literacy in refugee camps), which could outpace Western systems and later feed back improvements.

Computational biology and medical AI will be a major frontier for open models.

Projects like OpenFold, DNA diffusion, BioLM, and planned open Med-PaLM–style models aim to standardize and democratize powerful tools for protein folding, drug discovery, and medical reasoning, potentially bringing top-tier care insights to anyone with a phone.

WORDS WORTH SAVING

5 quotes

I don't care about AGI except for it not killing us.

Emad Mostaque

Foundation models will all be open source for the deep learning phase.

Emad Mostaque

We are the only independent multimodal AI company in the world.

Emad Mostaque

If you're not embracing this in the West, you're gonna fall behind.

Emad Mostaque

Small models will outperform large models massively… you will see ChatGPT-level models running on the edge on smartphones in five years.

Emad Mostaque

Emad Mostaque’s personal journey and motivation for working in AIOpen-source foundation models vs. closed corporate AI ecosystemsStability AI’s strategy in media, language, and computational biologyGlobal infrastructure, national models, and emerging-market leapfroggingFuture of media, creativity, and multimodal generative toolsDemocratic, social, and educational impacts of pervasive AIAI safety, regulation, data rights, and defense/misinformation concerns

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