Brendan Foody (00:00:00): The wealthiest companies in the world are willing to spend whatever it takes to improve model capabilities. Lenny Rachitsky (00:00:05): We are entering the era of evals. Brendan Foody (00:00:07): We started working with all of the top AI labs. What the labs need is labor marketplace. They actually need extraordinary professionals that can measure model capabilities. Lenny Rachitsky (00:00:17): They found this pocket, maybe the biggest business opportunity in history. Brendan Foody (00:00:20): We grew from 1 to 400 million in revenue run rate in 16 months, fastest ascent in history. Lenny Rachitsky (00:00:27): Why is this so valuable? Brendan Foody (00:00:29): The market is bound by the amount of things where humans can do something that models can't. The lab's primary bottleneck to improve models is how they can effectively have some way of measuring what success looks like for the model. Lenny Rachitsky (00:00:43): There's this tweet that you retweeted. "If you really think about it, we were put on Earth to create reinforcement learning training data for labs." Brendan Foody (00:00:49): It's highly likely that the entire economy will become an aural environment machine, building out all of these worlds and contexts. And I think the narrative in AI over the last three years has almost entirely been one of job displacement, but very few companies and people have talked about this new category of jobs that's being created. Lenny Rachitsky (00:01:08): I talked to a lot of people about what should I be studying? Where should I be getting better? Brendan Foody (00:01:12): How can they leverage this technology to do so much more? We'll give people interviews where we say, "Use whatever tools are available to build a website and let's see what product you're able to build in an hour." Lenny Rachitsky (00:01:24): Today, my guest is Brendan Foody, CEO and co-founder of Mercor. Mercor is the fastest-growing company in history to go from 1 ...