The Entropy Podcast

The Copycat Problem Finding a Moat in AI with Daniel Yoo

Francis Gorman Season 1 Episode 20

In this episode, Francis Gorman sits down with Daniel Yoo, founder and CEO of FinMate AI, to uncover the uncomfortable truths about the current AI boom. From the gold rush mentality driving rapid adoption to the hidden risks of liability, security gaps, and “copycat” startups, Daniel shares insider insights from building one of the first AI-powered note-taking tools specifically for financial advisors.

If you’ve ever wondered whether AI is moving too fast, what risks companies are ignoring, or how regulation (and lack thereof) could shape the future, this conversation is one you can’t afford to miss.

Soundbytes

  • "There’s a flood of money chasing AI and security isn’t even on the radar."
  • "Every advisor wants automation, but nobody wants to hold the liability."
  • "AI will become a commodity so how do you protect your moat?"
  • "Technology always promises progress, but rarely talks about fallout."
  • "The biggest danger isn’t hallucinations it’s humans blindly trusting AI."

Takeaways

  • Why venture capital is fueling reckless AI development
  • The hidden liability risks every company faces when adopting AI
  • Why “human in the loop” is non-negotiable for financial applications
  • How copycat AI startups threaten innovation—and survival strategies
  • The overlooked cognitive and societal impacts of over-relying on AI
  • What the next phase of the AI market might really look like

People on this episode