ai impact: everyone on the record — The Minutes https://minutesof.com/on/ai-impact/ Everyone on the record about ai impact: 23 verbatim quotes from 5 people, September 2023 to May 2026, in one chronology, each with a timestamp and a link… en Sun, 30 Aug 2026 22:32:46 +0000 Bill Gurley: Gurley predicts AI will cause high-agency fascinated people to separate even more from others. https://minutesof.com/q/bb6d68b1-6b16-4f3f-a2f0-e6bb7121506d/ https://minutesof.com/q/bb6d68b1-6b16-4f3f-a2f0-e6bb7121506d/ “I just think, in fact, one thing I might worry about in a, in a AI world is these high agency fascinated people might separate. Even more.” — Bill Gurley, MIT Sloan VCPE Mon, 11 May 2026 19:59:13 +0000 ai impact Bill Gurley: Gurley urges embracing new AI tools despite their rapid arrival, comparing to technological evolu https://minutesof.com/q/d88b5cf7-15a3-4d29-971a-9a633f2e21b1/ https://minutesof.com/q/d88b5cf7-15a3-4d29-971a-9a633f2e21b1/ “And so you have to think that way about these tools. This one came out as fast, I admit, but you to roll around in it.” — Bill Gurley, Silicon Valley Girl Clips Mon, 27 Apr 2026 23:00:02 +0000 ai impact Bill Gurley: Gurley says human relationships and strong peer and mentor networks will matter way more in AI er https://minutesof.com/q/14e06fa4-f501-482c-a028-88b018224e51/ https://minutesof.com/q/14e06fa4-f501-482c-a028-88b018224e51/ “A lot of people have a theory that I think is reasonable that human relationships will matter way more. So, do you have a strong peer network? Do you have a strong mentor network?” — Bill Gurley, Silicon Valley Girl Clips Mon, 27 Apr 2026 23:00:02 +0000 ai impact Bill Gurley: Gurley reports lawyers he spoke with have already drastically reduced paralegal staff due to AI. https://minutesof.com/q/50c0e087-0aca-4cdd-962b-e88b9dc320ef/ https://minutesof.com/q/50c0e087-0aca-4cdd-962b-e88b9dc320ef/ “Paralegals are already under threat, and I have talked to lawyers that have drastically reduced the size of their paralegal force. I've talked to them. That has already happened.” — Bill Gurley, Chris Williamson Sat, 14 Mar 2026 15:00:16 +0000 ai impact Bill Gurley: Paralegals are already under threat, and I have talked to lawyers that have drastically reduced t https://minutesof.com/q/143ea33c-991f-4feb-a97f-17643bff4fab/ https://minutesof.com/q/143ea33c-991f-4feb-a97f-17643bff4fab/ “Paralegals are already under threat, and I have talked to lawyers that have drastically reduced the size of their paralegal force. I've talked to them.” — Bill Gurley, Chris Williamson Sat, 14 Mar 2026 15:00:16 +0000 ai impact Dylan Patel: Patel says he now supports UBI despite being very capitalist, a shift from his prior views. https://minutesof.com/q/bec4f50b-ae61-4935-b577-c45c8527112c/ https://minutesof.com/q/bec4f50b-ae61-4935-b577-c45c8527112c/ “Over the last couple years I've realized, wait, I actually think UBI is perfectly fine. Which I think is crazy because again, I'm very capitalist.” — Dylan Patel, Matthew Berman Mon, 09 Mar 2026 17:07:47 +0000 ai impact Marc Rowan: Rowan notes software stocks are down almost 70% after markets recently realized AI's impact on the https://minutesof.com/q/378d5ffb-f9d6-44f1-8a2e-56dfc8167f7b/ https://minutesof.com/q/378d5ffb-f9d6-44f1-8a2e-56dfc8167f7b/ “But apparently two weeks ago we discovered that AI is going to impact software and we've been in a massive risk off mode and so software stocks are down almost 70%.” — Marc Rowan, Bloomberg Live Tue, 03 Mar 2026 17:46:05 +0000 ai impact Marc Rowan: Rowan notes software stocks have fallen almost 70% following the recent realization that AI will i https://minutesof.com/q/23f24596-1051-4d09-abe6-6ebf8528474c/ https://minutesof.com/q/23f24596-1051-4d09-abe6-6ebf8528474c/ “But apparently two weeks ago, we discovered that AI is going to impact software and we've been in a massive risk off mode. And so software stocks are down almost 70%.” — Marc Rowan, Bloomberg Podcasts Tue, 03 Mar 2026 16:46:49 +0000 ai impact Bill Gurley: Gurley argues people in safe jobs they don't love are most vulnerable to AI disruption. https://minutesof.com/q/4f0d167a-35b5-48bd-9263-9f07b3fd4a9f/ https://minutesof.com/q/4f0d167a-35b5-48bd-9263-9f07b3fd4a9f/ “I think a lot of the people that go through that college conveyor belt that are chasing a safe job that end up working as a widget or a cog in an industry they may not love, I think they are ripe for disruption.” — Bill Gurley, On with Kara Swisher Thu, 26 Feb 2026 15:18:55 +0000 ai impact Bill Gurley: Gurley reports lawyers at large firms have already drastically reduced paralegal numbers due to A https://minutesof.com/q/f7bb00b0-24c5-4df8-a81b-e781d355b46b/ https://minutesof.com/q/f7bb00b0-24c5-4df8-a81b-e781d355b46b/ “I've talked to lawyers that run large firms that have already drastically reduced the number of paralegals. So it's not theoretical at this point. It's real.” — Bill Gurley, On with Kara Swisher Thu, 26 Feb 2026 15:18:55 +0000 ai impact Brad Gerstner: Gerstner explains software stocks fell because AI uncertainty reduced visibility, lowering mult https://minutesof.com/q/75766c5d-d8e2-491b-94ff-55a3e5aaff61/ https://minutesof.com/q/75766c5d-d8e2-491b-94ff-55a3e5aaff61/ “Give them 35 times free cash flow because I had that level of predictability. It was like a government bond. It was a sure thing.” — Brad Gerstner, Altimeter Capital Tue, 10 Feb 2026 21:40:23 +0000 ai impact Brad Gerstner: Gerstner describes exponential AI change creating fog of war where investors cannot predict 35 https://minutesof.com/q/d92352fb-403c-4898-93c3-57c399f3774a/ https://minutesof.com/q/d92352fb-403c-4898-93c3-57c399f3774a/ “Fog of war. I can't predict thirty five years into the future of those free cash flows, so I have to pull it in a little bit.” — Brad Gerstner, Altimeter Capital Fri, 06 Feb 2026 21:47:27 +0000 ai impact Brad Gerstner: Gerstner says software valuations only recover when companies prove they are AI beneficiaries t https://minutesof.com/q/182f0ca9-fc80-49b2-876b-62df8150996f/ https://minutesof.com/q/182f0ca9-fc80-49b2-876b-62df8150996f/ “So the only way that reverses, Scott, is those companies have to accelerate their core revenues and show that they are beneficiaries of AI.” — Brad Gerstner, Altimeter Capital Fri, 06 Feb 2026 21:47:27 +0000 ai impact Brad Gerstner: Gerstner says AI uncertainty has rationally caused investors to discount future cash flows and https://minutesof.com/q/b1727be3-768a-4412-8f88-ef2843728845/ https://minutesof.com/q/b1727be3-768a-4412-8f88-ef2843728845/ “I can't see as far into the future, so I'm gonna pay less for the terminal value. I'm gonna pay less for those future free cash flows.” — Brad Gerstner, Altimeter Capital Fri, 06 Feb 2026 21:47:27 +0000 ai impact Brad Gerstner: Gerstner explains software stocks previously traded at 35x free cash flow due to bond-like pred https://minutesof.com/q/a868d3c3-ab1c-4b55-9cbd-71646ac2beb2/ https://minutesof.com/q/a868d3c3-ab1c-4b55-9cbd-71646ac2beb2/ “Give them 35 times free cash flow because I had that level of predictability. It was like a government bond.” — Brad Gerstner, Altimeter Capital Fri, 06 Feb 2026 21:47:27 +0000 ai impact Howard Marks: Marks worries that replacing income alone won't solve purposelessness problem from job losses to https://minutesof.com/q/5f4f4ec2-c3f0-42c0-ad68-55d1e5ff03bb/ https://minutesof.com/q/5f4f4ec2-c3f0-42c0-ad68-55d1e5ff03bb/ “And even if we if we can find a way to replace their income I worry about purposelessness and you know we get so much job so much from our jobs other than a paycheck and you can't replace that stuff.” — Howard Marks, Bloomberg Podcasts Thu, 11 Dec 2025 14:50:59 +0000 ai impact Howard Marks: Marks worries that replacing income from lost jobs cannot address purposelessness since jobs pro https://minutesof.com/q/6660af91-4a52-44e3-9dd9-7e7b17b03ef4/ https://minutesof.com/q/6660af91-4a52-44e3-9dd9-7e7b17b03ef4/ “And I think it's a natural consequence of people sitting around all day. And even if we if we can find a way to replace their income I worry about purposelessness and you know we get so much job so much from our jobs other than a paycheck and you can't replace that stuff.” — Howard Marks, Bloomberg Podcasts Thu, 11 Dec 2025 14:50:59 +0000 ai impact Howard Marks: Marks links job losses from automation and offshoring to the opiate epidemic by amount and locat https://minutesof.com/q/7ec1538d-be64-42ac-99d3-df606d11c91d/ https://minutesof.com/q/7ec1538d-be64-42ac-99d3-df606d11c91d/ “When we lost jobs to automation and offshoring, I think that that coincided with the opiate epidemic and not only in amount but also in location.” — Howard Marks, Bloomberg Podcasts Thu, 11 Dec 2025 14:50:59 +0000 ai impact Brad Gerstner: Gerstner notes 70% of current jobs didn't exist in 1940 to illustrate technology's job creation https://minutesof.com/q/998a9eb2-da95-41e7-bbf1-27e99f0149b0/ https://minutesof.com/q/998a9eb2-da95-41e7-bbf1-27e99f0149b0/ “70% of the jobs that exist today did not exist in 1940. Okay? So we have to evolve and we have to expand.” — Brad Gerstner, Bloomberg Live Thu, 05 Jun 2025 09:44:40 +0000 ai impact Brad Gerstner: Gerstner reports organic search traffic down 20-40% as companies push AI-embedded answers above https://minutesof.com/q/6ed4d5f1-0a53-494c-ad8b-9ea2367106c4/ https://minutesof.com/q/6ed4d5f1-0a53-494c-ad8b-9ea2367106c4/ “They're saying organic search is down 20 to 40%. Why? Because they're putting AI on top of it. They got to push it down the page.” — Brad Gerstner, Upfront Ventures Thu, 13 Mar 2025 21:33:08 +0000 ai impact Bill Gurley: Patel notes AI initially threatened artists most, but synthetic data generation now targets techn https://minutesof.com/q/79f4dc61-489c-4b1d-a9f1-ec3da385537c/ https://minutesof.com/q/79f4dc61-489c-4b1d-a9f1-ec3da385537c/ “Artists are the one that are the most, you know, out of luck, not not technical jobs.” — Bill Gurley, Bg2 Pod Mon, 23 Dec 2024 20:25:20 +0000 ai impact Brad Gerstner: Gerstner observes companies can now cut tens of thousands of employees while increasing custome https://minutesof.com/q/98b41d86-0707-4d67-8d91-cbd20f9a1d74/ https://minutesof.com/q/98b41d86-0707-4d67-8d91-cbd20f9a1d74/ “Never have has he seen or have I seen the ability for companies to take out 10,000 people and actually see customer satisfaction scores increase.” — Brad Gerstner, BG2 Pod Thu, 31 Oct 2024 17:46:51 +0000 ai impact Brad Gerstner: Gerstner predicted in 2018 that AI's impact would exceed the internet's, a year after the trans https://minutesof.com/q/7054fcb4-5aa6-4cc6-aef2-428000bd6d50/ https://minutesof.com/q/7054fcb4-5aa6-4cc6-aef2-428000bd6d50/ “And at that event, in 2018, I said, and this was a year after the transformer model, that the impact would be greater than the Internet itself.” — Brad Gerstner, CNBC Television Thu, 28 Sep 2023 19:10:17 +0000 ai impact