# Garry Tan Decides Who Gets to Build the Future The Builders · 2026-11-03 · 40 min · https://www.youtube.com/watch?v=aq1H71h-gYE ## Transcript Walter Isaacson The Builders is a production of Kaleidoscope and iHeart, presented by Ramp. I'm Walter Isaacson. Welcome to The Builders, my series of conversations with the most consequential minds shaping our future. Today, I’m speaking with Garry Tan. Y Combinator has become one of the most powerful and important brands in Silicon Valley. The companies that emerged from YC include Airbnb, Stripe, DoorDash, and Dropbox. Together, they have transformed how we travel, spend money, work, and communicate. Now, Garry Tan is deciding which builders come next. Garry first entered Y Combinator as a founder. He became an early investor in Coinbase and Instacart, and today he leads YC itself. In some ways, he’s helping shape those who shape the future. Here's my interview with Garry Tan. Garry Tan, welcome to The Builders. Garry Tan Thanks for having me. Walter Isaacson As a leader of Y Combinator, you have to pick founders who are going to make it. Do you look for one particular thing, or are there 20 different models of founders that can work? Garry Tan The wild thing about Y Combinator is that we get 80, maybe 90,000 applications a year now for about 800 spots. So it’s less than a 1% acceptance rate. Maybe 8% to 10% of those people would get an interview, sometimes less now. The wild thing is we actually spend only 10 minutes with them for that final stage. Paul Graham, the founder of YC, figured out that you didn’t need half an hour. You don’t need an hour. You could probably do it in about 5 minutes, but 5 minutes feels rude. So that’s how YC ended up at 10 minutes. Walter Isaacson What did Paul look for, and what do you look for in those 10 minutes? Garry Tan It sounds almost too simple, but 10 minutes is a wonderful time constraint, like how 140 characters for Twitter way back in the day was a wonderful constraint. If you can say something very simply that hits us—“Here’s a user, here’s a real person who has a problem, and here’s how the technology that we build actually solves that”—we just want to know what it is and why it’s awesome. That founder is the person to go and build that thing. You can do all of that in 10 minutes, and it’s an up-down decision. Something like 10% to 15% of all self-made billionaires as of the present time who are age 50 and under are YC alums. Walter Isaacson Let me ask you a real quick question, then. Suppose Elon Musk walked in and you had 10 minutes with him. What do you think the percentage chance is that you would actually fund him? Garry Tan Oh, 100%. I mean, in current form, 100%. No, no, no. Walter Isaacson I’m saying you saw him. You didn’t know he was successful. He was a guy who’d just been, say, ousted from PayPal. Garry Tan I had a managing partner meeting the other day, and that’s actually one of the example questions we ask ourselves to figure out whether we’re on the right track. By definition, if YC is operating properly, if an Elon or a Bill Gates or a Steve Jobs or a Drew Houston from Dropbox, a Brian Chesky from Airbnb, Brian Armstrong from Coinbase, or Tony Hsu from DoorDash walks into our office, can we say yes to them in 10 minutes? If that answer is no, I’d have to rewrite everything. I’d have to retool everything. That is almost the only question that really matters when it comes to whether YC is doing well or not. Walter Isaacson If you had walked in years ago, would you have accepted yourself? Garry Tan I think so. My startup, Posterous, was dead-simple blogs by email. I had a pretty banger demo. Paul and Jessica and Trevor Blackwell, the founders of YC, really got it immediately. They didn’t grill us at all. We came on with a really good demo, and they said, “Well, that makes sense.” Then we got funded. Sometimes it’s that simple, though. Walter Isaacson Having created and run that company for a while, how fundamental was that to your ability to be at Y Combinator and make venture capital decisions? Garry Tan I think it’s quite important. There’s a Jay-Z line that I love. In one of his songs, he goes, “Everybody wants to tell you how to do it, and they never did it.” The entire act of being an investor in technology is bewildering and strange if you really think about it too long, because what we’re doing is selling money. Tech has now become such a fundamental force in the financial world of society that there’s way more money that wants to go into tech than good opportunities. That’s really what YC is. If you look at most venture capital, it’s crazy that it’s grown so much. The S&P 500 is almost entirely driven by tech. The wild thing Paul Graham and Jessica Livingston figured out when they started in 2005 was that the type of people who would get funding were your buddy at Stanford Business School, your golf buddy, maybe someone whose son went to school with your son at some prep school like Harvard-Westlake. It was access, right? Walter Isaacson As it was for a few millennia. Garry Tan Time immemorial, right? Walter Isaacson But do you all think you broke the back of that, or is being a startup junkie or a startup entrepreneur something that you still have to be pretty privileged and pretty connected to do? Garry Tan It would be a mistake to say that we were actually a meritocracy, but I will say and affirm loudly that we aspire to be. We will never be. I think the woke age of 5 or 10 years ago, we sort of lost sight of that: meritocracy could never be achieved, but it is a virtue to attempt to achieve it. Walter Isaacson The reason I ask about that, in terms of a startup culture, which is what you very much nurture, is that it used to be somebody coming out of college—take Steve Case, for example—could go work at a company like Procter & Gamble and learn a business. Nowadays, it’s very hard to get a steady job, and the economy for young people tends to depend more and more on startups. Yet it seems to me that unless you’ve got a safety net, unless you’re somebody who doesn’t have to make sure your next meal can be paid for, you can’t be in that game, and it leaves a lot of people out. Garry Tan That’s why YC gives $500,000, for instance. When I did YC, it was only $18,000. Today, you hear about seed funds and Stanford kids raising $30 million on a $300 million post-money valuation. It’s literally just an idea and one person, and the company is somehow worth $300 million. When we were starting many years ago, it was a very small amount of money. You had to show that you had something that was great. That’s why YC didn’t stay at that amount. We easily could have just stayed at $12,000 or $15,000. I think there is a recognition that if we want to be a thing that allows people to participate, you don’t have to have rich parents. With the half a million dollars you get getting into YC, you could just have an idea and come in and meet us for 10 minutes. Walter Isaacson You were one of the earliest employees at Palantir. You got to see how Peter Thiel and Alex Karp in particular really worked. What did you learn from their style? Garry Tan I realize now, if I hadn’t rage-quit, I would have been a peer to some of the real legends who really built Palantir. I would go on walks with Karp, and he was a philosopher. He wasn’t a technologist, I would say, but he was incredibly knowledgeable about the world. One time, I was sent to DC to do some demos for customers. I remember being 25 years old, in my ripped jeans and band T-shirt, and getting sent to stay at the Mandarin Oriental in DC. We would wonder, “Alex, why are we staying at the Mandarin Oriental? Look at us. We’re just kids. We don’t have to do that. Just set me up in the Motel 6. We’re a startup.” Alex looked at me and my other early engineers for the Palantir finance product and said, “Guys, you’re going to go and talk to such-and-such general or such-and-such VP of some Fortune 500, and you’re going to show this incredible software that you’ve built. Then, as you go out, you’re going to make small talk, and they’re going to ask, ‘Well, how long are you around, and where are you staying?’” “If you say Motel 6, they’re going to think that they’re buying Motel 6 software, and Palantir is Mandarin Oriental software.” I was like, “Okay, now I get it.” There are a lot of different things embedded in that story, and I learned a lot from Alex from that. Walter Isaacson I know you’ve been fighting this antitrust battle. How important is that in order to keep innovation and startup culture? Garry Tan True free-market enterprise has never been tried. In tech in particular, we have very short memories. I would argue that Google itself, one of the big tech companies, was able to exist and thrive and become a trillion-dollar company because of the actions of the DOJ with the consent decree on Microsoft. Microsoft was ready to take over the web, and it used its platform advantages in Windows to default-install and take over the browser market. Walter Isaacson Do you think Google is now doing the same thing? Garry Tan I would argue yes. Garry Tan The governance structure itself insists that you’re supposed to do your duty, and your duty is to maximize shareholder value. People are following the letter of the law and the spirit of their Delaware C Corp to close platforms. It’s a smaller and smaller percentage of the screen real estate in a Google search that’s non-Google properties, right? Walter Isaacson And so that’s self-preferencing. Walter Isaacson So a lot of your tech bro friends are very much against antitrust enforcement. How do you have a startup culture if you’re going to allow big companies to self-preference? Garry Tan My view is that we shouldn’t allow self-preferencing. My super pro-startup stance is that we should stop self-preferencing. We should require open markets. The DMA in Europe, for instance, is a great example of forcing big tech to open its own platforms—not just data transparency and privacy, but also portability and reverse engineering. These are the sorts of things that allow for open markets and open access to startups. If you ask me, “Is big tech too powerful?” I say, “Absolutely.” The answer and the antidote are little tech. I think it’s not unlike the robber baron times, when if you owned the railroads and there was a monopoly on the railroad, you could set the price on literally everything else. One thing would lead to another, and you’d have multiple monopolies across both commodities and the railroads the commodities traveled over. Walter Isaacson Well, wait. Let’s look at AI. I’m going to push back a bit. We get a whole lot of new companies—Anthropic, OpenAI—they’re all popping up. Somehow, Apple wasn’t able to self-preference and embed its own system in its own phones. Even Google is trying to do that, where it almost forces you to use Gemini when you’re using Google Search. And yet these other companies are doing well. Garry Tan Yeah, that’s right. What’s funny about the AI companies is that they’re almost certainly—I think you can fairly say that they are—the new big tech. So I have concerns there as well. Critics of some of the AI companies would say that, as the AI wars progress, there might not be open access to the latest and best frontier models, and those companies may gatekeep. Walter Isaacson You think they should be open, that all the AI models should be open? Garry Tan That would certainly be the thing that supports startups and the ability for new people to create new companies and, frankly, new wealth, and to give consumers choice. Walter Isaacson So what is the role that Y Combinator wants to play in AI? Garry Tan What’s funny is I think of YC almost as—we’re not a union, but we have union-like characteristics. There’s not really a group out there that can speak full-throatedly about policies and, frankly, actions that both governments and companies should take to make sure that the golden goose can still exist. Whether that’s the billionaire tax in California or antitrust laws in D.C. Walter Isaacson Or in Europe. Garry Tan We’re going to start talking about it and just having a seat at the table. One of the things I discovered as I started examining politics is that most tech people are not interested in politics, but politics sure is interested in us. And so I decided— Three or four years ago, I thought, “Oh, well, I should probably spend some time and reciprocate. Let me understand what’s going on.” And what I discovered was pretty wild. Millions of dollars in astroturf money were going to groups that would take around basically hired actors. They would claim to speak for small software companies or little tech. Walter Isaacson And they were just paid shills, actually. Garry Tan They would go to the halls of power, whether it was Sacramento or D.C., and say, “No, no, this thing that actually mainly helps big tech—we, the little guy, really want that.” I was like, “Oh, wow, this is crazy.” No real startups actually go out there and talk to real people in D.C. I saw a system that was broken, and I wanted to fix it. We do very little things. We have a tiny budget. It’s probably one-hundredth of what even any single big tech firm spends on policy. We have 1 lone full-time hire in D.C., a man named Luther Lowe, and we run it on a shoestring. But we’re people-powered. I see a repeating pattern: There are broken things in society. There are systems out there that have money. Just trace the money: Where’s it coming from, and who benefits? And then the heartening thing— A lot of people talk about social media in a very negative way. They think Facebook ruined democracy. I don’t really think I agree. I think it’s the little guy not realizing he has a voice. He and she do have a voice. When I look at YC, our job one is to find the next great founders. But right under that, it’s: How do we make sure those people can have access to markets? How do we help people who would not have a voice, who would not be able to go to D.C.? How do we give them that megaphone? YC itself now has a megaphone. We have more than 2 million subscribers on YouTube. We can sort of speak in aggregates, and I’m really excited about that because I think that’s us trying to speak truth to power. I don’t want to deny that YC is also a power in and of itself, but the world is full of systems. These are all systems that were created and constructed by, as Steve said, people no smarter or better than you or I. We can mold them and change them. Once you realize that, you’ll never be the same. ### Immigration and Family History Walter Isaacson You were born in Canada, with a Chinese background. Tell me how important you think immigration is to the United States. Garry Tan I shout to everyone who will hear that about 50% of all the startups that really make it have at least 1 immigrant co-founder. What we realize is that’s one of the things that makes America incredibly unique. People from around the world want to come here. In tech, they want to come and build the future. That’s certainly my story. My mom’s family came over from Burma as refugees, and my dad came here from Singapore. Walter Isaacson Well, you talk about your dad, and we biographers tend to believe it’s sometimes about dad, especially when somebody’s successful. You had a pretty rough time, though. I mean, your father was at times unemployed, at times an alcoholic. Tell me how you had to deal with all that. Garry Tan It really made me who I am today. I can put myself back in, let’s say, 1992. I’m 11 years old. I don’t know when my dad would come home, maybe around 5 or 6, and I wouldn’t know how many beers he would have already had. I realized there’s this scanner that happens: If you don’t know what father is coming home that day, then you get very attuned to other people and their inner states, and how to react to that. Now I realize that’s a scanner I use all the time. I can sit down with someone and, not every time, but relatively easily, feel what’s going on for other people. That’s useful for someone who spends time with hundreds of startup founders every single year. Walter Isaacson That’s actually a pretty powerful superpower. ### The AI Agent Revolution Let me talk about what may be the next step in AI, which is AI agents. You’ve said that you don’t want to fund companies that look at AI agents as a feature. You want them to look at it as the core operating system. Explain how you think that changes what we think about when we talk about AI. Garry Tan Yeah, absolutely. We’re going to get a little sci-fi here, but this is something we’re starting to see ourselves as we rebuild the way we operate at YC. I think the number one thing that people get wrong is they just think that AI is just chat. And it is so much more than that. We now have an internal AI agent, for instance, named Straylight, that kind of has a personality, and then it has a company brain. It actually has the total context of every founder we’ve ever backed, anyone who’s ever emailed us, all the applications. The way I think about it from an interesting tech perspective is that a human can only keep track in their heads of 7, plus or minus 3, things. An AI agent is already super intelligent. I was explaining this to my 11-year-old: What an AI can do is keep a stack of 1,000 pages—think 3 Harry Potter books. It can needle-in-a-haystack any page, any fact, anything that happened in those 3 Harry Potter books. It can just know, synthesize, and work with it. The working memory is absolutely gigantic. In another year, it won’t be 3 Harry Potter books in the brain of an AI agent. It’ll be 5, or 10, or 20. Then the set of things it can operate on is even bigger. Walter Isaacson Well, give me a better example and make this more concrete for me, because data retrieval, even from 3 Harry Potter books, is kind of cool, but that’s not—I mean, that’s just data retrieval. What makes something an agent? Garry Tan I would point to what Peter Steinberger of OpenClaw figured out. If you use Claude Code or Codex, I would say right now they’re so worried about repeatability and safety that they actually trade off all the beautiful parts of working with an AI agent, which basically can be so similar to a human that it sort of takes on human qualities. Walter Isaacson So tell me what you ask your agent to do. Garry Tan Oh, gosh. One of the things I did—I, you know, it’s read all of my email and all of my Dropbox. It’s read all of my Apple Notes, even my therapy notes going back 20 years. For instance, I used it to prepare to talk to you—not to get too meta about it, but about 15 minutes before this talk, it was able to download and transcribe your top 10 podcasts you’ve ever done. Then it diarized them. I had an LLM go line by line, timestamp by timestamp, to pull out the major themes. And that was really helpful for me. To be able to do that for almost anything you do in your day-to-day life, and for it to do it somewhat more autonomously, seems inevitable. In 2 to 3 years, everyone’s going to do it, and it’s going to feel awesome. Think of it as a Jiminy Cricket on your shoulder at all times. Almost anything you want to do, it knows you, and it’s there to help. It’ll actually run ahead and say, “What about this?” or help you see around corners. The reason it’s too expensive right now is that it’s literally too expensive. In order to have this experience. I spend maybe $100,000 to $200,000 a year on tokens. I realized that’s a crazy privilege—not everyone can do that. A lot of CEOs I know are doing it, and they have wings. Walter Isaacson Do you think AI, especially the agents you’ve been describing, will end up destroying jobs, or will it enormously increase the number of jobs in society? Garry Tan My hope is—and I don’t know for certain, and I’m not clairvoyant—but I do believe that technology is over-vilified. It does have problems, and AI safety is something we need to be concerned about. But the way to fix that is not to stop the technology from happening. It’s to go after abuses by people when they use or misuse the tech. Walter Isaacson But do you think it’ll create jobs? Will there be more jobs because of AI? Garry Tan That’s certainly my hope. In the short term, it may not, and that’s quite frustrating. One reason I’ve been working on open source and trying to teach people how to use AI is that my open-source project, gstack, works backward from the question: If I were trying to teach YC founders how to use Claude Code and get 400 times the output they had before, what would that look like? It’s a project they can drop into Claude Code to get exactly the stack I use. Things like that are necessary to teach people how to use the tools properly. Some people will lose their jobs because AI will make their positions redundant. I think there’s a big retraining issue here, but gstack and lots of other efforts could help solve that. Walter Isaacson If you have that— Garry Tan —context, if you were doing job X—for example, if you’re a medical biller—I want someone like that to be able to pair up with a 22-year-old. They have domain expertise, and the other person really knows how to make 400 times more software than before. Maybe that person who knows the space inside out, paired with someone younger—or even by training themselves—can start a company in that space. Maybe it’s exactly what they did before; maybe it’s something two clicks away. Either way, it requires an increase in agency. What we want people to do is look into their own history and their own lives: What do you uniquely know? What life did you live? What obscure hobbies do you have? What have you seen that nobody else has seen? Then pair that with this incredible ability not just to code, but to think and reason. I think that’s raising the floor. On the flip side, the ceiling is sky-high. I think the responsibility of CEOs and people who have a lot of privilege is not to cut costs—that’s the easy way. That can result in a dystopian moment where capital accumulates more and more wealth, and we’re not sharing it. Walter Isaacson You say you push back against people who vilify AI, but what about those who are very pessimistic about it? When you’re looking at companies to back, fund, or encourage, do you consider an ethical component—whether what they’re going to do is driven by being good for society? Absolutely. Garry Tan We have so many examples at YC where a team would come in, and it was pretty clear they were going to make a lot of money. The most extreme version I remember wasn’t when I was at YC, but I have to call out my partner, Gustav Alströmer. He was head of growth at Airbnb for many years, and then he became a partner here at YC. A company focused on ADHD meds for kids came through and applied, and it had a remarkable set of founders. But the idea was tantamount to increasing the distribution of ADHD meds in a society where we couldn’t tell if that was actually a need. It was definitely going to make money. In the end, that company was sanctioned by the FDA and shut down. I believe there were potentially criminal charges, too. Walter Isaacson I haven’t checked recently, but that was a bullet dodged, right? Garry Tan I’m very proud that YC is an institution where that kind of thing can happen. We not only need to make money; we have a responsibility to fund the things and the futures we want to live in. Walter Isaacson Give me a couple of examples of things that would fund the future we want to live in. Garry Tan Let’s see. The hard part is that it’s almost anything we actually fund. Walter Isaacson I’ll give you one: social media that, instead of dividing us and enraging us, helps us be stronger as a society? Garry Tan I think that’s entirely possible. This idea of personal agents is actually, I think, a very direct way to do it. Going back to Meta, this is a huge company that controls the algorithm, and at some level, we all wish it didn’t. Now it might not have to. You could imagine a personal AI that you control and program. You don’t download the Facebook app or the Instagram app; it’s just an API. You have a social network, but it’s mediated through your own cognitive filter. You figure out what you want to see, and then you put that in there. Maybe it could even be programmed not just by you, but by the people closest to you. I think that’s one example of putting control over what goes into your brain back into your own hands. Before, that wasn’t really possible. Could a normal person sit there and program their own algorithm to benefit them? They don’t know how to program, and what would that even look like? It’s so complicated. But with AI agents that can code, it’ll know you and your goals. Right now, I want to focus on myself this year. I don’t want to see anything about national politics; I might only care about local city politics. Walter Isaacson We’ve had things like that in the past. We’ve had personalized social media, and yet the algorithms have a business model that works best when they enrage or divide us. Garry Tan The business model is hosted by someone else, by a big tech company. That’s their control and their power. What I hope happens with personal AI is something more like the personal computer revolution, kind of what Steve Jobs did in 1984. If you remember the original Mac commercial, “1984 doesn’t have to be like 1984.” Big Blue, IBM, doesn’t have to win the whole thing. I think next year will be one of the defining years, when we have the next browser war. It’ll be about whose AI agent you use. I think it’ll be similar to operating systems: there will probably be a Mac, and there will probably be a PC. ### Who Controls the AI Future Walter Isaacson So you’re saying Anthropic, OpenAI, Gemini—it’ll consolidate to just 2 or 3? Wouldn’t that be pretty horrible? Garry Tan I think we’re already there. Last year, our friends inside some of the AI labs talked about the “five kings,” which is a pretty astonishing vision: a light cone of all future value, where literally all commercial activity—anything a business would do—could potentially collapse into five kings. Walter Isaacson So what can you do to disrupt that? Garry Tan We’re trying every day, right? Whether it’s policy, being the funding vehicle to find the next generation of talent and help them thrive, making sure the markets are open for them, or making sure there’s open source—what I want is Linux for personal AI. Walter Isaacson Basically an open-source operating system? Garry Tan And it just has to be easy enough and cheap enough to use that everyone chooses it. Walter Isaacson I think that’s possible. Do you think we should have regulation that pushes in that direction, or is that an impossible dream? Garry Tan I wouldn’t say anything is impossible. That might actually be preferable to some of the other things some of the politicians are putting out there. Bernie Sanders wants to seize assets. Speaking as an immigrant and a child of immigrants who came to America to flee asset seizure, we want prosperity. We want the ability for people to start new businesses and continue to do so. That’s one of the defining traits of America. Walter Isaacson But what would smart regulation look like? Garry Tan I think it basically just looks like the Open Markets Act: being able to create an app that actually operates on your iMessages, for instance. Walter Isaacson AI can’t touch your iMessages. Garry Tan What Apple says is, “We’re the only ones who could possibly be safe enough for you.” I don’t think that’s actually true. We shouldn’t allow them to say that nobody else could possibly do this. That’s a smokescreen for their own market power and making money through their own moats, but it also just kills markets. The next Apple can’t emerge. If Google, Apple, and all the trillion-dollar companies don’t open a lane and create markets, we’ll live in a world where there aren’t startups. That’s a bit of a nightmare scenario for me. I think this is the counterweight against tyranny and, frankly, mismanagement in big tech. You need to have alternatives. To the extent that the government can create regulation that makes sure these markets are open, I’d even say, looking at how open-source models are progressing now, we’re just handing Chinese model companies a massive advantage. There are zero open-source AI companies in the United States, and it doesn’t have to be that way. There are probably regulations that could allow distillation, which is the exact advantage Chinese companies have over American and European companies. We can have a vibrant ecosystem. I think it’s real that some of these things are too big. Walter Isaacson And that’s correct. Garry Tan If you go all the way back to Brandeis and trust-busting, we live in a better world when there isn’t concentration in markets or self-preferencing. I think that’s more true than ever when it comes to tech and startups. Walter Isaacson In some ways, when you talk about Louis Brandeis and the railway companies, you’re really saying that we’ve been through this before: the 1890s, an explosion of technology even greater than what we have today. Then you create these great robber barons who control it, and then you have a period when people like Teddy Roosevelt or Louis Brandeis take on Standard Oil or the railways and say, “You’ve got to open up. You’ve got to allow everybody else to ride your rails.” Do you think we could just say, “Hey, let’s learn from history and apply it now”? Garry Tan I think so. I think we have to learn from history in 2 different ways. When you look at the Sanders and AOC end of things, or in San Francisco, Saikat Chakrabarti, or even what Tom Steyer was saying in his failed bid for governor in California, I think you’re starting to see something that is fundamentally un-American to me. Walter Isaacson But wait, let me ask you: what are you more worried about? That populists on the left are going to have some socialist system, or that we’re going to have a technology system that gets too controlled by too few people, that isn’t democratizing and doesn’t incentivize startups? Garry Tan Honestly, both scenarios are terrible, and I would stand against both of those scenarios. I think there has to be a middle way. We should follow American history. How do we create markets? How do we not make it illegal to create prosperity and wealth? Walter Isaacson I don’t begrudge Google. Garry Tan There are people on the hard left, for instance, who would say Google should not exist. We want more Googles. We actually want more. OpenAI was a spinout of Y Combinator. Sam Altman sat in my seat and got to see the front row of all the builders, all the young people with crazy ideas. He, Ilya Sutskever, and Greg Brockman sat in a room and created YC Research, which became OpenAI with Elon. Now we live on their timeline, an accelerated timeline where the age of intelligence is much closer. I don’t think that’s a bad thing. AOC and a great many Americans today unconscionably believe that all billionaires are ill-begotten. When people say that billionaires shouldn’t exist, they’re also saying that society should ossify, that LLMs should not exist. They’re also saying that things like Google, which organizes the world’s information, shouldn’t exist. To that, I disagree. We should have more billionaires. We want more choice, more prosperity, and more jobs. There is a middle way; it doesn’t have to be big tech oligarchy. But it also doesn’t have to be mass asset seizure. I think there’s a middle American way, and that’s what we very much will fight for and hope for. Walter Isaacson Garry Tan, thank you so much for being part of The Builders. Garry Tan Thank you so much for having me. Walter Isaacson Silicon Valley is very good at finding people who think differently. It rewards ambition, competitiveness, and ideas that can scale. But the interview made me think about the fact that so much of Y Combinator’s energy is focused on AI. The biggest opportunity isn’t simply to build what the market will reward. It’s to build what humanity actually needs. If AI could focus more on helping humanity cure cancer and fight climate change, rather than just making chatbots and threatening our jobs, there would be a lot less backlash against what the industry is doing. I’m curious to watch how Garry and Y Combinator will place their bets. When you get to choose who builds the future, you have some responsibility for the future they build. That’s it for today’s episode. I’m Walter Isaacson. We’ll see you next time on The Builders.