Steve Jobs once said, “Everything is a remix.” And this is a philosophy that Mark Cuban got to the heart, building a whole business and investment career in this simple faith. The real opportunity, Cubas says, lies in identifying patterns that others lose and turn them into billions of dollars.
Regarding today’s share capital episode, Cuban joined TechCrunch in Rebecca Bellan to discuss his strategy for decades on technologies’ betting before proceeding, from his first investment in local region and flow services to current health care and health care services.
But the real insight of the Cubans is not just about getting the winners. This is about understanding why most people who build AI today are missing the point entirely.
The Cuban gave a strong warning to the current AI Gold Rush: While everyone is using Chatgpt, almost no one (including Fortune 500 chief executives) knows how to integrate AI into their real businesses. Download? Forget the advertising campaign. The real money is to help small and medium -sized businesses understand how to use the AI tools already available.
Listen to the full episode to hear:
- The way the Cuban has identified the disorders of LAN, Streaming and HD TV opportunities before it becomes obvious.
- Because he believes that the current AI “is not smart”, and why this restriction could be his power as a business tool.
- The upcoming regulatory battles that will determine the future of AI around IP protection, training data access and the US-China competition.
- Within Cuba’s latest venture, the cost plus drugs, the expansion from transparent pricing in construction.
- The Cubans’ prediction that AI graduates will become most employees in each industry.
As always, equality will return on Friday. Don’t miss it!
Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and publishes every Wednesday and Friday.
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