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▶ 50:00 · AI Agents · Algorithmic trading were the first AI agents; human collaboration beats resistance
episode briefing
Generating Alpha Podcast

Episode 30: R. Martin Chavez - Vice Chairman and Partner at Sixth Street

2025-08-08 · 1 company · 5 thematic
sentiment
1 bull0 bear0 neu
speakers
marty chavez

Former Goldman Sachs CIO, CFO, and co-head of securities division; pioneered machine learning in early 1990s at Stanford with Reed Hastings; built SecDB risk platform at Goldman; joined Sixth Street in 2021 to digitize alternative asset investing; PhD in AI applied to medicine from Stanford.

now playing · AI Agents
AI Infrastructuretailwindscore 9/10marty chavez
30 years of Moore's Law scaling validates connectionist AI approach
The connectionist/neural network approach to AI, once dismissed as 'bonkers,' proved massively scalable after 30 years of Moore's Law doubling compute every 18 months, reaching the second h…
Fintechtailwindscore 9/10marty chavez
Digital twins transform financial risk management from spreadsheets to software
Building digital twins of trading businesses (SecDB at Goldman, now at Sixth Street) enables risk simulation in software before reality, turning risk management from a reactive spreadsheet…
Private Credittailwindscore 8/10marty chavez
Private credit digitization is the last frontier for software on Wall Street
Alternative assets/private credit remain modeled in disconnected spreadsheets with complex waterfall structures, creating a massive opportunity for digital platforms to replace Excel as the…
AI Agentstailwindscore 8/10marty chavez
Algorithmic trading were the first AI agents; human collaboration beats resistance
Algorithmic trading systems ('algos') were early AI agents autonomously placing orders; Chavez's three-strategy framework — tell computers what to do, collaborate with computer-users, or re…
AI Economics & Business Modelstailwindscore 7/10marty chavez
AI-driven 20% productivity growth could enable post-scarcity leisure economy
A plausible future scenario has AI driving productivity growth to 20% (vs 3% today), meeting material needs offscreen while humans focus on uniquely human activities — analogous to Bridgert…