Press Space to continue
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David Vélez on why AI makes remote work less valuable: "AI also in a perhaps counterintuitive way, increases the argument to spend time in person more. Because increasingly the work that AI can do is more or less the work that people at home individually could do. And so the individual at home will be competing with AIs, and we'll lose that battle. But the work around collaboration and coordination in presence physically is something that needs to be happening inside the office."
Patrick OShaughnessy@patrick_oshag6h ago
My conversation with David Vélez (@velez_david), founder and CEO of Nubank. The last time we did this was five years ago, and Nubank had 35 million customers. Today it has over 140 million, and it has just announced it's coming to the US. David now talks about expanding to 100 countries and reaching a billion customers. We discuss: - State and future of global banking - Agents as a customer segment - Going from one direct report to 20 - How he's rebuilding the company with AI - Where fintech opportunities remain - The end of cash - Founder v CEO, great leadership, and finding the right mission Enjoy! TIMESTAMPS 0:00 Intro 1:25 Banking's $10 Trillion Disruption 5:54 AI's Impact on Banking 14:40 Building Moats in the AI Era 23:29 The Future of Money 36:01 Nubank's Global Expansion 48:24 Reinventing Nubank with AI 59:47 Founder Mindset and Leadership 1:13:18 Nubank's Future and Entrepreneurship
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