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RE: LeoThread 2024-12-10 09:52 by ai-summaries

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Part 8/10:

Looking ahead, Wang anticipates a consolidation in the AI field, with only a handful of elite firms capable of underwriting the capital-intensive development of foundation models. This would lead to a landscape dominated by colossal tech companies or nation-states, markedly reducing the role of smaller players in foundational AI research and innovation.

## On Company Building and Hiring

The discussion shifted toward company culture and hiring practices. Wang articulated the importance of recruiting individuals who genuinely care about their work as a bedrock of successful startups. This notion was underscored by his firm stance on maintaining high hiring standards, even going so far as to approve every new employee himself.

## The Changing Dynamics of Media and PR
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