AI model providers

“Is mental model in terms of model providers, ah, they'll be like car makers. Right? There's no win or tickle. Everybody will have their own.”

“I know, and we both know many investors in some of the model providers who came in at four billion, it's now sixty billion and they're three and a half acts up because employee stock Dilution was so heavy, and the funding rounds coming in were so heavy.”

“We're talking about billions of dollars of run rate growing in excess of a hundred percent year over year. I don't think we've ever seen that before, right? Like you talk about ServiceNow doing, you know, billions of dollars in ARR and growing, you know, 20, 3…”

“So I think ultimately your, the analogy to cloud providers is not accurate right now. They don't have the same properties. It's not the same kind of business right now.”

“I don't think we're anywhere near the point in which you're going to have someone who's the defining leader of having a great model and no one else can touch it for years, right?”

“In a category that is evolving so quickly, And when the models are improving so quickly, it is actually bad for them to over invest in ways in which they can increase switching costs. That doesn't make sense because let's suppose they did do that, but they mis…”

“We looked at, like, the number, this was a few months ago, but we looked at how much Revenue is flowing through the AI from lovable applications. Okay. And it was more than ten million dollars in ARR.”

“I think that competitive pressures will push all of the model providers to spend more time on this and to have teams focused on this. So I think the answer is yes. I do think that this is a trend that is going to be durable.”