AI industry

“There's a limitation of compute that we, the industry has at the moment, and so sometimes you're constrained because of compute, and sometimes you're constrained about use cases or deploying those models and making them efficient.”

“There's going to be a consolidation in the space for sure.”

“Yeah, we know that there are some copyrighted works in our training data. That's not illegal. It's stock standard for the industry. It's what every AI company does.”

“I can guarantee you that a huge amount of money will be incinerated. But I also bet that in total more money will be made than will be put in.”

“And then you settle into 10 or 15 years of incrementally making it better until you plateau, right? And from a zero to one perspective, that's not as interesting. But we're now in the grind it out, make it better, build a business stage of life, which I think …”

“35 companies or 36 companies are responsible for 99% of the revenue or at least the token spend in AI right now.”

“I think one of the biggest challenges, the fact that it's very hard to have predictability, right? Everyone wants to know when are we going to hit the breakthrough? Everyone wants to know how many GPUs do I actually need? Everyone wants to know, like, what's t…”

“Five-year strategic planning is not a useful exercise right now.”

“So we're, so we only have PMF for coding agents, like, in the industry overall, I would say, right? And then there's some, like, very narrow, narrow other use cases like customer support, et cetera.”

“It's a horse race, and I think we're probably missing 90% of the picture of how it's gonna play out.”

“And the people who are utter morons at AI but brilliant at politics are going to have us for lunch. That's the movie in the next three years. They're going to have Sam for lunch because he's lied to them as far as they're concerned, and they're going to have t…”

“The reality is value accrual is a time dependent phenomenon. So like, it's not like there is one person who steady state gets all of the value. That's not how it works.”

“So AI as a whole is getting a hundred billion in revenue and spending seven hundred billion a year. That's not a great business.”

“In the next couple of years, as AI is getting more and more into production, there will be a lot of focus. In getting that clarity and getting that discipline out. The token maxing is just a thing in time, but we're quickly moving to ROI maxing, which is about…”