Marty Chavez got his AI PhD in 1991 when there were exactly zero AI jobs. So he went to Goldman Sachs and spent decades building the machines that took over Wall Street. Now at Sixth Street and on Alphabet's board, he joins Eric Newcomer at the Cerebral Valley AI Summit in London to explain what actually happens when AI replaces human labor, why a trading firm went bankrupt in 40 minutes because of a bot, and what it really takes to sell software to a large institution.
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Chapters:
00:00 AI PhD, Zero Jobs
00:34 Goldman's AI History
02:35 Algos Are Just Agents
03:01 Bankrupt in 40 Minutes
03:42 Did AI Kill the Jobs?
04:40 Three Strategies to Survive AI
06:07 Build vs. Buy
09:28 Sixth Street and Alphabet's AI Bets
16:47 AlphaFold and Drug Discovery
21:35 How to Sell to Big Enterprises
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