E16: Artificial Intelligence goes Radical with Jordan Jacobs

The excitement around artificial intelligence has gone "radical". Our guest believes that in time, AI will "eat all software". And PWC says AI will contribute over USD$15 trillion to the global economy by 2030.* On this episode of The Unlimited Podcast -- with the assistance of ChatGPT -- Brian is joined by Jordan Jacobs, Co-Founder & Managing Partner of Radical Ventures, a leading venture capital firm focused on investing in transformational AI. Jordan is also a founder of the Vector Institute for Artificial Intelligence, a director of the Canadian Institute for Advanced Research, member of the University of Waterloo President’s International Advisory Board, a Director of Tennis Canada, former Chief AI Officer of TD Bank Group, and was a Co-Founder & CEO of Layer 6 AI and Milq Inc. Jordan was also the Founder & CEO of SpyBox Media and spent over a decade as a lawyer specializing in entertainment, media, technology, and sports. Brian and Jordan discuss Jordan's path to AI venture capital, what AI actually is, how AI is being used today, how it may be used in the future, and much more...including a ChatGPT demo. Brian also asks Jordan about his time working with Elton John and Elvis Costello and his experience meeting Roger Federer. If you’re a music fan or a tennis player, then this episode is (also) for you! Timestamps: 0:00 Introduction & Disclaimer 1:50 Jordan’s Bio 5:15 Partnering with Product RED 6:51 Entering into Deep Learning with Milq and Layer 6 11:37 What were Milq and Layer 6 doing? 15:27 Why wouldn’t Jordan & Tony sell? 20:58 What is an Image Net? 24:06 Artificial Intelligence 101 28:39 How is AI going to change the way we live? 30:06 Impact of AI on the job market 33:43 Will AI take over the world? 35:34 What is ChatGPT? 38:57 Brian demo's ChatGPT 42:06 What does AI mean for big tech? 48:41 Radical Venture’s portfolio companies 55:46 Tesla Full Self-Driving & Self-Driving Technology 1:02:33 How can the average investor get direct exposure to AI? 1:04:36 Jordan’s venture with Elton John and a Bono Performance 1:15:33 Jordan’s Tennis experience and meeting Roger Federer 1:22:21 Final thoughts 1:24:35 Outro If you like what you hear, please don't hesitate to rate us kindly. And if there are particular topics you'd like covered, please let us know. *https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html