The State of AI in production — with David Hsu of Retool

Latent Space · Beginner ·🚀 Entrepreneurship & Startups ·2y ago
Retool's CEO David Hsu on the State of AI, why Silicon Valley underestimates internal tooling, model adoption in 2023, open source vs OpenAI trade offs, and Retool's journey from YC to a $3.2B company Full transcription + show notes: https://www.latent.space/p/retool Chapters: 00:00:00 Introduction 00:02:43 Retool's founding story and decision not to present at YC demo day initially 00:05:40 Experience in YC with Sam Altman 00:09:27 Importance of hiring former founders early on 00:10:43 Philosophy on fundraising - raising less money at lower valuations 00:14:57 Overview of what Retool is 00:…
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Chapters (20)

Introduction
2:43 Retool's founding story and decision not to present at YC demo day initially
5:40 Experience in YC with Sam Altman
9:27 Importance of hiring former founders early on
10:43 Philosophy on fundraising - raising less money at lower valuations
14:57 Overview of what Retool is
18:09 Origin story of Retool AI product
23:04 Decision to use open source vector database PG Vector
24:42 Most underrated Retool feature loved by customers
28:07 Retool's AI UX and workflows
34:05 Zapier vs Retool
37:41 Updates from Retool's 2023 State of AI survey
40:34 Who is adopting AI first?
43:43 Evolving engineering hiring practices in the age of Copilot/ChatGPT
45:52 Retool's views on internal vs external AI adoption
48:29 OSS models vs OpenAI in production
50:54 Additional survey questions to ask in 2024
52:07 Growing interest in multimodal AI capabilities
54:00 Balancing enterprise sales vs bottom-up adoption
1:00:00 Philosophical thoughts on AGI and intentionality

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