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​​What Vinod Khosla Says He's 'Worried About the Most' | TechCrunch

Jun 24, 2024 - techcrunch.com
Vinod Khosla, co-founder of Sun Microsystems and a prominent investor, is enjoying increased popularity due to his successful bets on companies like Stripe, Square, Affirm, and DoorDash, and a $50 million investment in OpenAI in 2019. Khosla, who has been appearing in public several times a week, is more interested in startup opportunities in the AI landscape than in the investor side of his work. He confirmed that he hasn't taken a dollar in management fees since starting Khosla Ventures, which now has $18 billion in assets under management.

Khosla sees opportunities in verticals where expertise will become near free, such as tutoring or oncology, and believes that the largest risk faced by AI is China and its powerful AI. He also expressed concerns about the increasing income disparity and the need for equitable distribution of the benefits of AI. Despite his optimism about AI's potential to create abundance and GDP growth, Khosla doesn't have answers on how to ensure this wealth is shared equitably.

Key takeaways:

  • Vinod Khosla, co-founder of Sun Microsystems and investor at Khosla Ventures, is gaining more attention due to his successful investments in companies like Stripe, Square, Affirm, DoorDash, and a $50 million gamble on OpenAI in 2019.
  • Khosla is excited about the startup opportunities in the landscape being changed daily by advances in AI, and he believes many areas will be disrupted by AI, including tutoring and oncology.
  • Khosla believes that the biggest risk with AI is China and its powerful AI competing with the 'liberal values' of the U.S. He suggests that the U.S. needs to stay ahead in AI development to prevent China from exporting its economic power and political philosophy.
  • He criticizes FTC Chair Lina Khan, calling her 'not a rational human being' and accusing her of not understanding business. He believes that while antitrust is necessary, over enforcement can be damaging, and he credits the U.S.'s more rational business environment for its lead over Europe in technology.
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