Clay Finck is joined by Bob Muglia to discuss the AI boom, Bob’s experience working with Bill Gates, and how he helped lead Snowflake from $0 to $200 million in revenue during his tenure as CEO.Bob Muglia is a prominent technology executive known for his influential roles at Microsoft, including Senior Vice President of the Server & Tools Division, and is also the former CEO of Snowflake, a leading cloud data warehousing company. Bob helped lead Snowflake to go from zero to a $200 million business. Today, he remains a key figure in the tech industry, contributing his expertise in various leadership and advisory positions.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro.02:11 - How Bob first got immersed in the technology industry.05:58 - Bob’s lessons from working with Bill Gates and Steve Balmer.10:34 - When he realized that data was going to be one of a company’s most valuable assets.12:40 - What differentiates Snowflake from their competitors in the data warehouse space.25:25 - Bob’s view of the competitive landscape in the data warehouse industry.30:13 - Whether Bob was surprised that Berkshire Hathaway bought into the Snowflake IPO.31:31 - What The Arc of Data Innovation is.37:09 - When Bob foresees Artificial General Intelligence to become a reality.39:06 - What industries Bob sees AI impacting the most.46:16 - What the end game is for AI and where technology is heading.49:44 - Isaac Asimov’s role in the governance of technological innovation.54:09 - If regulators are taking appropriate actions to safeguard against the potential downsides of AI.55:39 - What Bob looks for when investing in technology companies.62:48 - Why technology in many cases won’t replace people and their jobs.67:44 - What the future of online search will look like.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul><li>Check out our newly released<a href="https://theinvestorspodcast.com/mastermind" rel="noopener noreferrer" target="_blank">&nbsp;TIP Mastermind Community</a>.</li><li>Check out our recent episode :&nbsp;<a href="https://link.chtbl.com/WSB569" rel="noopener noreferrer" target="_blank">TIP571:</a> <a href="https://link.chtbl.com/WSB571" rel="noopener noreferrer" target="_blank">Charlie Munger & The Psychology of Human Misjudgment</a>, or watch the video<a href="https://www.theinvestorspodcast.com/episodes/charlie-munger-the-psychology-of-human-misjudgment/" rel="noopener noreferrer" target="_blank">&nbsp;here</a>.</li><li>Bob’s book/website&nbsp;<a href="http://thedatapreneurs.com/" rel="noopener noreferrer" target="_blank">The Datapreneurs</a>.</li><li>Jacob’s podcast&nbsp;<a href="https://podcasts.apple.com/us/podcast/the-10-k-podcast/id1690744153" rel="noopener noreferrer" target="_blank">The 10-K Podcast</a>.</li><li>Follow Clay on&nbsp;<a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer" target="_blank">Twitter</a>.</li><li>Follow Bob on&nbsp;<a href="https://twitter.com/Bob_Muglia?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="noopener noreferrer" target="_blank">Twitter</a>.</li></ul>NEW TO THE SHOW?<ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank">We Study Billionaires Starter Packs</a>.</li><li>Browse through all our episodes (complete with transcripts)&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires/" rel="noopener noreferrer" target="_blank">here</a>.</li><li>Try our tool for picking stock winners and managing our portfolios:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank">TIP Finance Tool</a>.</li><li>Enjoy exclusive perks from our&nbsp;<a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer" target="_blank">favorite Apps and Services</a>.</li><li>Stay up-to-date on financial markets and investing strategies through our daily newsletter,<a href="https://www.theinvestorspodcast.com/newsletters/" rel="noopener noreferrer" target="_blank">&nbsp;We Study Markets.</a></li><li>Learn how to better start, manage, and grow your business with the&nbsp;<a href="https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/" rel="noopener noreferrer" target="_blank">best business podcasts</a>.</li></ul>P.S The Investor’s Podcast Network is excited to launch a&nbsp;<a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">subreddit</a>&nbsp;devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit&nbsp;<a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">r/TheInvestorsPodcast</a>&nbsp;today!SPONSORS<ul><li>Invest in Bitcoin with confidence on&nbsp;<a href="https://river.com/" rel="noopener noreferrer" target="_blank">River</a>. It’s the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.</li><li>Learn how&nbsp;<a href="https://principal.com/benefits" rel="noopener noreferrer" target="_blank">Principal Financial&nbsp;</a>can help you find the right benefits and retirement plan for your team today.</li><li>Reach the world’s largest audience with&nbsp;<a href="https://linkedin.com/results" rel="noopener noreferrer" target="_blank">Linkedin</a>, the place to B2B. 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