Bill Maris: How Google Could Crush AI Competitors, Why Small Funds Win, and AI's Atari Stage

0:04Now Bill Merritt is returning to the investing world.

0:06The founding CEO of Google Ventures has raised $150 million for his new fund called Section 32.

0:15With the smaller fund, I have the advantage to be very selective in the companies that I invest in, the people that I hire.

0:22We're going to invest for a financial return.

0:24Any other metric is impossible to measure and therefore won't succeed.

0:28Think of the change that has happened just in the last 100 years and what's about to happen in the next 100 years with the advent of AI.

0:34The world is going to change by orders of magnitude.

0:37Thank you very much for that warm welcome.

0:40I am Bill Maris.

0:41I'm the founder of Section 32.

0:43Prior to that, I was the founder and CEO of Google Ventures.

0:47I was also Google's vice president of special projects where I incubated Waymo and Google X, Calico, and many other projects as well.