Chi-Hua Chien saw Facebook coming ' now he says the real AI winners won't be selling AI | TechCrunch
Chi-Hua Chien has spent more than two decades as a venture capitalist, but he thinks like a cultural anthropologist. As a co-founder of Goodwater Capital, a firm focused exclusively on consumer and prosumer technology, he has built a portfolio spanning entertainment, healthcare, fintech, and live experiences ' with investments in companies like MIDI Health, Fever, and Monzo. He was also, as a 27-year-old associate at Accel, the person who initially found a six-person company launched from Harvard called The Facebook. That ability to read human behavior at scale informs everything from his view that Americans will never trust a single app with both their social lives and their finances, to his belief that the gap between the most advanced AI model and what you can run on your phone ' once as wide as two years ' will shrink to three months within the next year. These days, he is also willing to say out loud what many in venture capital are only thinking: that the commoditization of...
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