In our second episode of The Riff, Byrne Hobart and Erik Torenberg discuss the role and influence of companies like OpenAI, AI investment opportunities, the whitespace in the future of social media models, and turning cloud networks into real communities.The Riff is a part of the Turpentine podcast network. Learn more: turpentine.co-We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.RECOMMENDED PODCAST: LIVE PLAYERSJoin host Samo Burja and Erik Torenberg as they analyze the mindsets of today’s most intriguing business leaders, investors, and innovators through the lens of their bold actions and contrarian worldviews. You’ll come away with a deeper understanding of the development of technology, business, political power, culture and more. LIsten and subscribe everywhere you get your podcasts: https://link.chtbl.com/liveplayers.Thanks to our sponsor: SecureframeSecureframe: the only compliance automation platform with AI capabilities that help customers speed up cloud remediation and security questionnaires. Get 20% off your first year of Secureframe by mentioning "The Riff" during your free demo: https://secureframe.com/offer/riff--LINKS:Byrne's writing: https://thediff.co--X / TWITTER:@eriktorenberg@byrnehobart--TIMESTAMPS:(00:00) Intro(00:21) Byrne’s reaction to OpenAI’s new developments(04:30) Where exactly will AI be incorporated?(08:58) Byrne's thoughts on opportunities in AI and where he place his bets on?(15:48) Sponsor: Secureframe(16:50) On reputation data sets(18:58) If Byrne was in between things, what is the space that's currently underrated?(29:36) Elon and Twitter: On reforming institutions(35:07) Are we going to have a paradigm shift on social?(40:05) Media and monetization: what is the best monetization to capture value?(49:21) Byrne's thoughts on the best vehicle for investing(56:42) Wrap This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit theriffpodcast.substack.com