After leaving PayPal, Roelof Botha went on to help Sequoia nurture some of the world’s most influential tech companies, including YouTube, Instagram, and Square.

Sequoia has been an investor in the AI space for a long time. The firm was an early investor in OpenAI, the company that has accelerated the current AI wave with its groundbreaking generative AI technology, which Botha sees as a foundational shake-up for business. He tells Alan and Michal that he doesn’t think this wave of AI is hype, and that it will be transformational. He shares his thoughts on what sectors he believes this tech will be most impactful in; why it rivals the previous waves of internet, cloud, and mobile; and whether we will see an AI bubble. He also provides insight into the current state of the venture capital industry.

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