This Week in Startups
This Week in Startups

OpenAI releases ChatGPT, a16z sunsets future.com + OK Boomer with Jack Raines | E1626

J+M kick off the show by discussing and testing out OpenAI’s ChatGPT. (1:59) Then, they wrap up the news with a16z’s announcement that they are shutting down future.com (37:40). Producer Rachel ends the show with another edition of OK Boomer featuring Litquidity’s Jack Raines. (50:03) (0:00) J+M Kic

Featured Speakers

Jason Calacanis Host

Topics Discussed

Episode Summary

Executive Summary: The episode centers on OpenAI’s ChatGPT, which the hosts portray as a breakthrough in generative AI capable of planning, writing, and recommending with startling fluency. They argue it signals a compounding leap across AI tools and industries, while also discussing media layoffs, the shutdown of A16Z-backed Future.com, and a shift toward leaner, independent media models. The show ends with an interview on newsletter entrepreneurship and Beehive.

Main Topics: ChatGPT and the acceleration of generative AI (Priority: 5/5): The hosts react with awe to ChatGPT’s ability to generate useful, context-aware responses for party planning, creative prompts, writing styles, and recommendations, arguing it represents a major step-change in AI capability. Compounding effects and the future of AI products (Priority: 5/5): They emphasize that AI gains are compounding quickly and will unlock new vertical startups by combining chat, image generation, mobile sensors, and other tools into practical workflows. Reinforcement learning from human feedback (RLHF) and model training (Priority: 4/5): The discussion explains how ChatGPT was trained using human comparisons and ranking of outputs, highlighting the human-in-the-loop process that improves response quality and makes the system feel humanlike. Media layoffs and structural contraction (Priority: 4/5): The hosts discuss CNN and broader media layoffs, linking them to advertising weakness and recessionary pressure, and noting that media organizations are likely to contract further. Shutdown of A16Z’s Future.com (Priority: 4/5): They analyze the abrupt closure of Future.com as evidence that media businesses without authentic editorial credibility or sustainable audience demand struggle, especially when tied to a conflicted sponsor. Independent newsletters and creator-led media (Priority: 3/5): An interview with Jack Raines of Exec Sum and Young Money highlights the rise of independent publishing, newsletter tooling, and small-team media businesses built directly on platforms like Beehive.

Key Arguments: ChatGPT is not just a chatbot; it can function as a party planner, writing assistant, recommendation engine, and creative ideation tool, showing broad practical utility. The system’s outputs feel convincing because of human feedback training and the ability to generate contextually appropriate, structured responses across tasks. AI progress is compounding: chat models plus image generation and mobile/device integrations will create new startups and workflows that are hard to predict today. Many creative, editorial, and even programming tasks may be disrupted because AI can already structure information and generate useful drafts or outlines. Media businesses that rely on ad revenue and heavy staffing are vulnerable in downturns; lean, independent models are more resilient. Future.com failed partly because it was perceived as sponsored optimism rather than credible journalism, limiting audience trust and interest. Newsletter and independent content creation are becoming viable career paths, especially when paired with strong distribution platforms and direct audience relationships.

Data Points: ChatGPT launch timing: Thursday afternoon - The hosts note that OpenAI released ChatGPT later that afternoon after a prior discussion about generative AI. Unique reach lift: 13x - LinkedIn Marketing claims boosting successful organic posts with paid can produce a 13x lift in unique reach for seed and Series A companies. Future.com lifespan: about a year and a half - The A16Z-backed publication Future.com was described as launching and then shutting down roughly 18 months later. CNN layoffs: hundreds of workers / about 400 jobs - The transcript cites reports that CNN is laying off hundreds, including CNBC’s estimate of about 400 out of 4,400 total jobs. CNN staff reduction ratio: ~10% - The hosts infer that 400 out of 4,400 jobs represents about a 10% reduction. MicroAcquire buyer count: 120,000 buyers - The sponsor segment says MicroAcquire has over 120,000 trusted buyers on its platform. MicroAcquire pricing: $390 a year - Buyers pay an annual fee for access to MicroAcquire deal information. Exec Sum readership: 206,000 readers - Jack Raines reports that the Exec Sum newsletter reaches around 206,000 readers. Young Money readership: 25,000 readers - Raines says his personal newsletter/blog has about 25,000 readers. Beehive referral growth: about 100 subs/day - Raines says he receives roughly 100 newsletter subscriptions a day from newsletter referrals on Beehive. Class size: 700 kids - Raines mentions his Columbia business school cohort is about 700 students. Team size: 9 people - Jason estimates the TWIST operation has roughly nine people including production and sales.

Pivotal Quotes: "“These results are stunning. Stunning.”" — Jason Calacanis: Reaction to the quality of ChatGPT’s responses and the broader significance of the release. "“This is the all-at-once moment.”" — Jason Calacanis: He uses the phrase to describe the jump from slow AI progress to suddenly rapid, visible capability gains. "“The future of journalism: independent voices, independent podcasts, a combination of like subjects going direct to their audiences and journalists going indie.”" — Jason Calacanis: His conclusion after discussing media layoffs and the shutdown of Future.com.

Implications: Listeners are encouraged to see AI as an immediate product opportunity, not a distant trend, while media professionals are warned that ad-based, heavy organizations face serious pressure. Independent, creator-led distribution looks increasingly like the safer path.

🔓 Sign Up for Unlimited Episode Search

About This Week in Startups

Jason Calacanis covers startups, tech, markets, media, and all the hottest topics in business and technology. He also interviews the world’s greatest founders, operators, investors, and innovators.

View all episodes from This Week in Startups