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Why Physical AI Is the Next Platform Shift

2026 21 min

In this talk from Startup School Paris, Encord Co-CEO Eric Landau discusses leaving a lucrative quant career during the most profitable month his desk had ever seen, why PMF for Encord was a slow daily compound, and why founders should ride the emotional rollercoaster rather than fight it. Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs Chapters: 00:00 — Intro 00:31 — Physics, Quant, Founder 01:57 — Quitting at the Worst Possible Moment 03:04 — Why They Believed in AI Early 04:13 — Two Years in the Desert 05:41 — Product Market Fit Snuck Up on Them 06:40 — Three Sales Teams Later 08:35 — From Vision to Physical AI 09:45 — 80% of the Economy Is Physical 10:59 — How They Spot the Next Bet 12:50 — Biggest Use Cases Right Now 14:09 — Finding Needles in Billion Haystacks 15:06 — London HQ, Bay Area Operations 16:40 — Competing Against Scale and Mercor 18:30 — Outro

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