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Podcasts/No Priors: Artificial Intelligence | Technology | Startups
No Priors: Artificial Intelligence | Technology | Startups

No Priors: Artificial Intelligence | Technology | Startups

Hosted by Conviction

About

At this moment of inflection in technology, co-hosts Elad Gil and Sarah Guo talk to the world's leading AI engineers, researchers and founders about the biggest questions: How far away is AGI? What markets are at risk for disruption? How will commerce, culture, and society change? What’s happening in state-of-the-art in research? β€œNo Priors” is your guide to the AI revolution. Email feedback to show@no-priors.com. Sarah Guo is a startup investor and the founder of Conviction, an investment firm purpose-built to serve intelligent software, or "Software 3.0" companies. She spent nearly a decade incubating and investing at venture firm Greylock Partners. Elad Gil is a serial entrepreneur andΒ a startup investor. He was co-founder of Color Health, Mixer Labs (which was acquired by Twitter). He has invested in over 40 companies now worth $1B or more each, and is also author of the High Growth Handbook.

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Conviction

Host of No Priors: Artificial Intelligence | Technology | Startups

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β€œOne of the engineers on our team was looking at a reported material property. And it was just sort of extracted values from literature. It was really interesting to see the reported value spanned many orders of magnitude. And so you train an ML system on that and it's like, well, the best you can do is model this distribution, but you're no closer to like a ground truth.”

β€” Liam Fedus
#7
APR 3, 2026Conviction

AI for Atoms: How Periodic Labs is Revolutionizing Materials Engineering with Co-Founder Liam Fedus

BRIDGE PHYSICALLEVERAGE MODELSBUILD CLOSED LOOPSGROUND AI DATA
  • β€’

    Scientific AI requires a closed-loop interface with the physical world - progress in material science is bottlenecked by the inability of purely digital models to conduct experiments and learn from real-world feedback loops.

    β€œScience ultimately isn't sitting in a room thinking really hard. You have to conduct experiments. You have to learn from them. You have to interface with reality.”

    β€” Liam Fedus
  • β€’

    Domain-specific labs should leverage existing LLM priors - Periodic Labs focuses its R&D exclusively on material science while utilizing third-party foundation models for coding and general reasoning to accelerate development.

    β€œPeriodic spends zero effort on improving coding models. We're incredibly impressed by Codex, Cloud Code and so that's been a huge accelerator for the company.”

    β€” Liam Fedus
  • β€’

    Physical experimentation provides the ground truth missing from literature - because scientific papers often contain noisy or contradictory data spanning multiple orders of magnitude, physical labs are required to ground ML models in reality.

    β€œOne of the engineers on our team was looking at a reported material property. And it was just sort of extracted values from literature. It was really interesting to see the reported value spanned many orders of magnitude. And so you train an ML system on that and it's like, well, the best you can do is model this distribution, but you're no closer to like a ground truth.”

    β€” Liam Fedus
#6
MAR 20, 2026Conviction

Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI

BUILD AGENTSWATCH AUTORESEARCHAUTOMATE CODEMONITOR ROBOTICS
  • β€’

    The Rise of AutoResearch - AI is transitioning from passive assistants to closed-loop agents capable of designing, executing, and optimizing their own experiments without human intervention.

    β€œWe’re moving into the 'loopy' era where agents aren't just helping you write code, they are closing the loop on the entire scientific process of discovery.”

    β€” Andrej Karpathy
  • β€’

    Software Engineering as Orchestration - Coding is shifting from manual syntax writing to high-level system architecture, where natural language becomes the primary interface for building complex software.

  • β€’

    The Loopy Era of AI - We are entering a phase where models improve through autonomous feedback loops and self-generated data, moving beyond the constraints of static human datasets.

    β€œWe’re moving into the 'loopy' era where agents aren't just helping you write code, they are closing the loop on the entire scientific process of discovery.”

    β€” Andrej Karpathy
#5
MAR 20, 2026Conviction

Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI

BUILD AGENTSWATCH AUTORESEARCHAUTOMATE CODEMONITOR ROBOTICS
  • β€’

    The Rise of AutoResearch - AI is transitioning from passive assistants to closed-loop agents capable of designing, executing, and optimizing their own experiments without human intervention.

    β€œWe’re moving into the 'loopy' era where agents aren't just helping you write code, they are closing the loop on the entire scientific process of discovery.”

    β€” Andrej Karpathy
  • β€’

    Software Engineering as Orchestration - Coding is shifting from manual syntax writing to high-level system architecture, where natural language becomes the primary interface for building complex software.

  • β€’

    The Loopy Era of AI - We are entering a phase where models improve through autonomous feedback loops and self-generated data, moving beyond the constraints of static human datasets.

    β€œWe’re moving into the 'loopy' era where agents aren't just helping you write code, they are closing the loop on the entire scientific process of discovery.”

    β€” Andrej Karpathy
#4
MAR 12, 2026Conviction

From Coder to Manager: Navigating the Shift to Agentic Engineering with Notion Co-Founder Simon Last

WATCH NOTIONLONG AGENTIC AIWATCH PRODUCTIVITYBUY AI INFRA
  • β€’

    Notion is pivoting from a passive workspace to an active agent orchestrator -- the platform is moving away from being just a place where humans do work to a hub where users manage a 'swarm' of agents that can autonomously build integrations and execute tasks.

    β€œThe transition in productivity is moving from a tool where humans do the work, to one where humans manage a swarm of agents.”

    β€” Simon Last
  • β€’

    The real engineering challenge lies in indexing the world's messy data -- Simon highlights that the biggest hurdle isn't just the AI models themselves, but the technical 'grunt work' of semantically indexing disparate data sources like Slack and Google Drive to give agents proper context.

  • β€’

    Coding agents are fundamentally changing how software itself is built -- Notion is already using its own coding agents to help build the product, signaling a shift where the role of a developer moves from writing every line of code to managing AI-driven development cycles.

    β€œThe transition in productivity is moving from a tool where humans do the work, to one where humans manage a swarm of agents.”

    β€” Simon Last
#3
JAN 29, 2026Conviction

Why Cryopreservation is No Longer Science Fiction with Until Co-founder and CEO Laura Deming

WATCH LONGEVITYLONG BIOTECHWATCH REGENERATIVE MEDICINE
  • β€’

    Cryopreservation is moving from sci-fi to a solvable engineering problem -- the focus is shifting from 'frozen forever' to using precise engineering tools to prevent ice crystal damage, making it possible to actually pause biological time.

    β€œThe goal is really to build tools that allow for 'pressing pause' on biological time.”

    β€” Laura Deming
  • β€’

    Organ banking could end the frantic race against the clock for transplants -- by perfecting reversible cryopreservation for human organs, we can remove time as a variable and create a reliable supply chain for life-saving surgeries.

  • β€’

    Medical hibernation is the ultimate goal for treating incurable diseases -- the vision is to 'press pause' on a patient's biological clock, allowing them to wait safely in a preserved state until a cure for their specific condition is developed.

    β€œThe goal is really to build tools that allow for 'pressing pause' on biological time.”

    β€” Laura Deming
#2
FEB 19, 2026Conviction

From SaaS to AI-First: How Companies Are Reshaping Innovation

WATCH AI-SAASLONG AI-NATIVEWATCH BIG-TECHAVOID LEGACY-SAAS
  • β€’

    The SaaS-pocalypse Shift Traditional seat-based software models are facing an existential threat as AI moves the value proposition toward automated workflows and predictive outcomes.

  • β€’

    Market Cap Concentration The increasing dominance of tech giants within the S&P 500 is fundamentally altering the entrepreneurial ecosystem and the strategic timing for startup exits.

  • β€’

    AI Change Management Organizations are navigating a high-stakes transition in software development and sales, where AI-first architectures are rapidly replacing legacy digital transformation strategies.

#1
FEB 26, 2026Conviction

How Capital is Powering the AI Infrastructure Buildout with Magnetar Capital Managing Director Neil Tiwari

WATCH CAPEXLONG AI INFRASTRUCTUREWATCH POWER GRIDHOLD MACRO SAAS
  • β€’

    AI infrastructure financing is evolving rapidly through creative debt structures and GPU collateralization as capital expenditure is projected to hit $700 billion by 2026.

    β€œThe question isn’t who has the best model, but who has the most creative financing to build out AI infrastructure and beyond.”

    β€” Sarah Guo
  • β€’

    Physical bottlenecks including power grid distribution, energy storage, and raw materials like steel have replaced model architecture as the primary constraints on AI scaling.

  • β€’

    Market rotation from software-as-a-service (SaaS) into infrastructure may be overextended as the industry prepares for a major shift from training to inference-optimized workloads.

    β€œThe question isn’t who has the best model, but who has the most creative financing to build out AI infrastructure and beyond.”

    β€” Sarah Guo

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