Training Data
Sequoia's interviews on AI research and startups
1:05:21The Model Is the Refinery; the Value Is in the Chemical Plants and the Car Companies
In business history, the companies that break out in the first wave are almost never the winners of the next stage. Model companies are refineries that distill base oil; the real money is in the application layer that wires intelligence into the workflows of banks, pharma and government.
52:27Peregrine Runs the Data Business Backwards: It Doesn't Collect Data, It Only Connects It
Most public safety companies make money by collecting more data and then selling more collection gear; Peregrine inverts the model — it doesn't move new data into customer systems, it connects the data customers already have, and wins on governance and permission control.
55:18Human Click Data Is a Bug: Agent Search Has to Rebuild Indexing and Pricing
When search's customer stops being a human and becomes an agent, click data stops working, and the index, the pricing and the business model all have to be built again; Parag offers a new framework built on a quality/cost/latency triangle and on Shapley values.