Greylock general partners Saam Motamedi and Reid Hoffman talk with Umi Mehta, who is the Global Head of Tech Private Equity and Venture Capital Investing at Morgan Stanley. In this conversation, they discuss the current investing environment in the context of artificial intelligence technology – specifically, its impact on pretty much every industry across enterprise and consumer sectors. AI has evolved rapidly in recent years, and that pace of advancement is only getting faster. Saam and Reid explain how AI is becoming an enabling platform technology, much the same as previous waves of tech transitions like mobile and cloud did in earlier eras. This conversation was recorded at Morgan Stanley’s annual TMT Conference, which draws an audience of more than 3,000 investors and members of tech companies. On that note, the audio quality isn’t the highest, but each speaker is clear.

And if you have any difficulty hearing some of the parts, rest assured that you can find all of the conversation in the transcript here: greylock.com/greymatter/ais-transformative-power/