{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/646cf723f5ce1700110a830e/66817df35cd64e8b86a2697c?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Calling Bubbles with Benedict Evans (Part Two)","description":"<p>This week, part two of our continued conversation with Benedict Evans, an analyst with over 175,000 avid readers for his tech blog.&nbsp;</p><p><br></p><p>For more on Bubble Trouble, including transcripts of the show, visit us online at <a href=\"http://bubbletroublepodcast.com/\" rel=\"noopener noreferrer\" target=\"_blank\">http://bubbletroublepodcast.com</a></p><p>You can learn more about Richard at <a href=\"https://www.linkedin.com/in/richard-kramer-16306b2/\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.linkedin.com/in/richard-kramer-16306b2/</a></p><p>More on Will Page at: <a href=\"https://pivotaleconomics.com/\" rel=\"noopener noreferrer\" target=\"_blank\">https://pivotaleconomics.com</a></p><p>(Times below correspond to the episode without considering any inserted advertisements.)</p><p><br></p><p>In this episode of Bubble Trouble, hosts Richard Kramer and Will Page delve into the intricacies of technology bubbles with special guest Benedict Evans. The discussion revolves around AI advancements, particularly focusing on Apple's recent integrations of AI models, the differentiation between small and large models, and the implications for email summarization and other features. They explore the economic and strategic decisions behind Apple's use of AI, the potential for various large language models (LLMs) to disrupt industries like legal tech, and the broader market dynamics and antitrust considerations. The conversation also touches on the challenges and opportunities presented by these technological advancements, emphasizing the importance of careful analysis and skepticism in the face of rapid innovation.</p><p><br></p><p>00:03 Introduction</p><p>00:29 Part One</p><p>00:29 AI and Apple's New Developments</p><p>01:53 Apple's AI Integration and Market Dynamics</p><p>04:20 The Evolution of AI Models and Market Impact</p><p>12:29 Antitrust and Market Strategies</p><p>17:34 Cloud Computing and Business Models</p><p>24:49 The Future of Cloud Machine Learning Providers</p><p>25:36 Marginal Costs in Consumer Internet Companies</p><p>26:16 Generative AI and Cost Efficiency</p><p>28:14 Part Two</p><p>28:14 Legal Tech and Large Language Models</p><p>30:05 Challenges in Selling Software to Law Firms</p><p>31:08 Error Rates and AI Hallucinations</p><p>34:36 Practical Use Cases for AI in Legal Scenarios</p><p>36:27 Evaluating AI's Potential and Limitations</p><p>41:05 Recognizing Tech Bubbles and Market Hype</p><p>44:59 Concluding Thoughts on AI and Market Trends</p><p>47:27 Credits</p><p><br></p>","author_name":"Magnificent Noise x Richard Kramer x Will Page"}