2026-09-28
We Gave $2M To The AI Startup That Could Help The Most People | MOONSHOTS Live
Live awards show for the Build With Gemini XPRIZE, where five teams got 90 days from a blank page to build a revenue-generating company around a problem affecting 100,000+ people. Peter Diamandis frames the contest around a 'new social contract' that replaces college-then-job with purpose-plus-AI-plus-entrepreneurship. Judges Palmer Luckey, Cathie Wood, Logan Kilpatrick, and Mark Pincus answer a post-economic lightning round on what they'd build from zero, covering AI-native startups, the drug-discovery cost curve, data as AI's new bottleneck, and whether social media is salvageable. The show closes with $2M distributed across five finalist teams (Polyfork taking first for $500,000).
Topics
New social contract beyond college Economy ▶ 0:00
Build With Gemini XPRIZE format AI ▶ 0:55
Post-economic roundtable: starting from zero Economy ▶ 5:31
Oxytocin doping to fight divorce Health ▶ 6:00
AI-driven entrepreneurial explosion and hiring advice Economy ▶ 8:36
AI cutting drug discovery cost and time Biotech ▶ 10:05
Data as AI's new bottleneck AI ▶ 11:08
Reinventing social media with AI and agents AI ▶ 12:24
XPRIZE finalists and $2M prize ceremony Economy ▶ 14:45
Predictions made
open Cathie Wood: Bitcoin will become the most important crypto asset as the world moves to agentic AI, with machines buying from other machines.
“Bitcoin, we believe, is going to be the most important crypto asset, especially as we move to agentic AI.”
Your call:
open Cathie Wood: Rather than causing mass joblessness, AI will trigger an entrepreneurial explosion as laid-off and underemployed young people start their own AI-powered companies.
“I think we're going to have an entrepreneurial explosion.”
Your call:
open Cathie Wood: AI will cut the cost of discovering and developing a new drug from $2.4 billion (including failures) to $600-700 million, and cut development time from 13 years to 8 years or fewer.
“It's going to cut the cost... from $2.4 billion... to $600 to $700 million.”
Your call:
open Logan Kilpatrick: Today's roughly $10 billion data companies will become much, much more valuable very soon as the AI data ecosystem matures.
“The best companies in this market are like $10 billion companies and will probably be much, much more valuable very, very soon.”
Your call:
Numbers that matter
- XPRIZE threshold: a problem impacting 100,000 people
- 90 days from a clean sheet of paper to a revenue-generating company
- New-grad unemployment: average 6 months, median 3 months
- 90% of startups fail, 10% succeed
- Drug development cost drop: $2.4B to $600-700M; time drop: 13 years to 8 or fewer
- Leading AI data companies valued around $10 billion
- Fifth place prize: $100,000
- Second place prize: $200,000
- First place prize: $500,000
Worth digging into
🕳️ Oxytocin as marriage counseling
🕳️ AI's effect on drug discovery economics
🕳️ The data-as-bottleneck thesis
🕳️ Build With Gemini XPRIZE winners