#278: Data's Four Stages -- Exploiting Inefficiencies

Coburn Ventures Podcast · Sep 17, 2026 · 16m

This week a conversation started with a familiar worry: if everyone can drop the same data into AI and get the same answers, won't the market just level out? It's a fair question on the surface, but underneath it assumes the market's questions are the right questions, that there’s absolutely no inefficiency. So today we're using JP's four-stage model — observation, diagnosis, prediction, prescription — to talk about why the common question of the day is almost never the right investment question, and why AI, used well, can actually widen the gap between the common and the uncommon rather than…