{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"20VC: Are OpenAI and Anthropic Overvalued? The Open-Source AI Reality | How Token Costs Will Fall 10x And Usage Will Explode 100x | The Future Is Not One AGI; It\u2019s Millions of Specialised Models with Lin Qiao, Founder and CEO @ Fireworks","description":"Lin Qiao is the Co-Founder and CEO of Fireworks AI, the leading specialized intelligence and AI inference platform that last week raised $1.5BN at a whopping $17BN valuation. With just 200 people, the company has hit $1BN in ARR and expects to hit $2BN before the end of the year. Prior to Fireworks, Lin spent several years at Meta including on the founding team of PyTorch.  AGENDA: 00:07 \u2014 Why Did Fireworks Bet on Inference When Everyone Else Was Chasing Training? 00:13 \u2014 Can Open-Source Models Turn AI Infrastructure into a Commodity? 00:19 \u2014 Should Enterprises Trust Chinese Open Models With Their Most Sensitive Data? 00:25 \u2014 Will Model Progress Keep Moving This Fast\u2014or Are We Nearing a Plateau? 00:28 \u2014 Will the Multi-Model World Create a $100BN Routing Layer? 00:37 \u2014 How Much Will AI Token Usage Explode Over the Next Two Years? 00:43 \u2014 Will Token Costs Fall 10x\u2014and Unleash 100x More Demand? 00:49 \u2014 Does Fireworks Eventually Have to Build Its Own Data Centres? 01:02 \u2014 What Is the Real Bottleneck Holding Back the AI Economy?   ","author_name":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","author_url":"http:\/\/www.thetwentyminutevc.com\/","html":"