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18:31ENJanie Gu and Suyeol Yun: Why Frontier Models Fail as Buy-Side AnalystsJanie Gu, Suyeol Yun · Google DeepMindJanie Gu explains why benchmark scores can mislead, while Suyeol Yun presents MandateBench, which tests whether a model can turn a fund mandate into a defensible investment memo. The two talks show why real workflows, reproducible grading, and evidence-backed reasoning matter.
26:41ENAnekha Sokhal on Moshi, a Recommendation Engine for Commodity TradersGast: Anekha Sokhal · Moderation: swyxThe Moshi founder tells swyx how she would rebuild a trader’s workflow: connect market data, private files and conflicting sources, then push the second-order effects people would otherwise miss. The hard part is not the dashboard. It is getting someone to actually use it.
45:10EN76% of Agentic Commerce Is Under 30 Cents — So Coinbase Is Banking the AIsModeration: Sarah Guo, Elad GilBrian Armstrong tells Elad Gil how Coinbase became an everything exchange, why card networks cannot price agent-to-agent payments, and what his longevity company is taking into the clinic.
44:01ENA millionth of a penny: Jeremy Allaire on the payment rails of the agentic economyModeration: Sarah Guo, Elad GilCircle's CEO tells No Priors why stablecoins and a purpose-built chain, not the legacy banking stack, are the money layer for software that buys and sells on its own.
40:46ENDoctors Are Rushing to AI. Robotics Will Take a Beating First.Moderation: Sarah Guo, Elad GilSarah Guo and Elad Gil’s 2026 forecast for foundation models, IPOs, robotics, consumer agents, and the bets that are not about AI at all.
48:20ENNot Spending $100 Is a Hundred Times Better Than a Dollar BackModeration: Sarah Guo, Elad GilRamp co-founders Eric Glyman and Karim Atiyeh walk through self-driving money, Iron Man suits for sales, and why they never lead with the word AI.
33:10ENA Weekend Prototype Now Autocompletes a Third of Brex ExpensesModeration: Sarah Guo, Elad GilPedro Franceschi tells Sarah Guo and Elad Gil how a 48-hour GPT-3.5 hack became an assistant for 30,000 companies — and why firing 20,000 customers was a leadership-bandwidth decision.
39:25ENThree Engineers, Three Weeks: The Internal LLM Tool Half of Stripe Uses Every WeekModeration: Sarah Guo, Elad GilEmily Glassberg Sands, Stripe's head of information, explains how a non-AI company got generative AI into employees' hands, then into Radar, Sigma, and the products customers actually pay for.
2:59:57ENThe Farmer With a $50 Phone: Sergey Nazarov on Oracles, Trust, and Hybrid Smart ContractsGast: Sergey Nazarov · Moderation: Lex FridmanThe Chainlink co-founder tells Lex Fridman how definitive truth, oracle networks, and cryptographically guaranteed contracts could leapfrog banks, insurers, and marble-column confidence.
1:49:56ENA 21-Year-Old at a Party Called GameStop. He Was Right.Gast: Richard Craib · Moderation: Lex FridmanNumerai founder Richard Craib talks with Lex Fridman about WallStreetBets, crowdsourced machine learning, and why finance is a machine for pulling the future into the present.
51:14ENTrust, Then Verify: How Square Let 99 Percent of Merchants InGast: Jack Dorsey · Moderation: Lex FridmanJack Dorsey tells Lex Fridman why Square is an access company, why the internet needs a native currency, and why self-awareness is being outsourced to algorithms.
36:05ENContracts, Not Chips, Are the Collateral: How the AI Compute Buildout Gets FinancedModeration: Sarah Guo, Elad GilMagnetar's Neil Tiwari explains the debt structures behind GPU clouds, why power and steel now limit the buildout, and why he thinks the selloff in software is overdone.
12:53ENPrinciples, Not Black Boxes: Ray Dalio on When to Trust AIGast: Ray Dalio · Moderation: Lex FridmanRay Dalio explains how Bridgewater turns human thinking into algorithms, why machine learning is risky when the future differs from the past, and why writing down principles is the route to better decisions.
35:37ENPricing the Future: Kalshi's Tarek Mansour on Winning the Right to Trade ElectionsModeration: Sarah Guo, Elad GilThe Kalshi CEO explains how his regulated exchange beat the CFTC in court, why he sees event contracts as hedging rather than gambling, and why he thinks market prices beat polls and pundits.








