Lin Yuan, Chief AI Officer at Newfront, builds vertical AI for regulated industries. Ramon Richards, CTO at T. Rowe Price, focuses on enterprise AI governance and security. Xing Liu, HSG partner, looks for startup differentiation via proprietary data and hardware-software plays. Sajjad Jaffer, GrowthCurve Capital, treats data as latent value. Aparna Chennapragada, Microsoft CPO, champions model-first product design. They debate AGI timing, the Gen AI productivity paradox, data moats, organizational shifts, and startup-hyperscaler partnerships.