Khosla Ventures’ Rabois on How AI Is Changing Everything About Startups

Silicon Valley is governed by a set of rules about how Silicon Valley is supposed to operate. There are pecking orders for just about everything from employees (engineers are king) to investors (most founders would take a check from Sequoia).

But every once in a while, those rules change. And right now, they are changing a lot.

The rise of artificial intelligence is transforming what gets built and how. But it is also dramatically changing the norms around the companies that are doing the building.

I enjoyed discussing this topic on The Information’s TITV with Khosla Ventures’ Keith Rabois, who has been watching Valley culture unfold for decades. His career in tech has spanned working at PayPal around 2000 to helping run Square to investing stints at multiple firms.

I knew it would be an interesting conversation, and it left me feeling like I had many more threads to pull on to understand this wild moment. We also discussed the latest news from OpenAI, in which his firm is a large investor, and why OpenAI is, in his words, “a monopoly business.”