Alex Wang

“And so it's really naive to think that like, oh, we can just build a better product and then we'll win. That's basically, I think it's almost never true. I think you always need to build a better product. Yes. But you also need to realize that you need to be b…”

“Now, I actually think that's negative. I think you do really want people who are okay to Taking a massive salary cut, and then really excited about getting more equity. And even though a lot of founders might view their equity as very precious, particularly ea…”

“When candidates ask about, oh, how long do you guys work, and what is the policy there? I think the reality is that if you look at most startups, people need to realize that it is a fight for survival, and so it kind of needs to be in the spot where you're oka…”

“If you have to convince somebody between joining Google and your startup, you've kind of already lost a big battle, especially if they aren't looking at other small startups or they aren't even really trying to figure that out.”

“I think particularly for early stage startups, there's a lot of focus around press and getting your name out there and being a sort of like hyped person. And I think the most important thing is to just build a good business actually, and being hyped very rarel…”

“I really love this book, Seven Powers, by Hamilton Helmer, but it's probably one of the best business books ever, and the reason is that he sort of, it goes through Through what he called these seven powers, which are these seven qualities of businesses that a…”

“Today, a lot of companies and projects really do, they're using the term AI extremely loosely, and I think that is part of what impacts a lot of the perception of the technology, because so many people are lying about it”

“Especially that the software production costs and software creation costs are going down so dramatically, we're going to end up Moving towards a world where more and more of the software that enterprises consume are going to be customized and custom built and …”

“The reason that per seat pricing doesn't make sense going into the future is that at an enterprise today, certainly most of the productive work is done by their employees, done by people. But in a future where you imagine more and more of the work is done by A…”

“I would say maybe on average, 25 to 30%, like a lot.”

“My personal belief, I don't think that more permissive regulations around data are at odds with being a liberal democracy. More sort of liberal data, data access provisions Are in fact very, very compatible with being a liberal democracy.”

“At this point in the company, still, I approve every hire, so I will look at The, I will either indirectly interview or look at the interview feedback and look at the understand every single person who we hire to ensure that we're keeping an exceptionally high…”

“I think this process of contributing data to AI is actually one of the highest leverage jobs that humans can have.”

“Right now if you know, in San Francisco, the big, you know, researchers and the big CEOs brag about how many GPUs they have. You know, they're the sort of the biggest indicator of how serious they are about AI is, is how many GPUs they have. But I think in the…”

“I don't think everyone will, but certainly the most sophisticated companies will.”

“I think that the models themselves there's so much competition there that I don't know if, I don't know how much value accrues at literally the model itself, but the everything above the model and everything below the model, I feel very confident there will be…”

“Both, you know, enterprise process mining and you know, for lack of a better term, sort of like consumer data collection, those are all gonna produce valuable data sets, but they're not gonna produce the data that's actually gonna push the models forward.”

“At a super super high level I think we've used up all the easy data. We've used up all of the internet data.”

“And this is actually why I think there's a very there's a very big sort of opportunity for whether it's open source models or the llama models or the mistral models or whatnot, basically these models that can go on prem and that enterprises can take. And then …”

“I think in 10 years time, maybe they'll cost tens or hundreds of billions. And so there's just not very many entities that have that much discretion and capital to invest into these AI models. So naturally what will happen over time is AI effort, the foundatio…”

“I don't think AI today is more powerful than nuclear weapons.”

“I've had so many conversations with Alex Wang about this because he has this whole thing about how in the future most friends will be AI friends. And you know, I don't think he's wrong.”

“There's a an appropriate congratulations and acknowledgement to Dan. There is a huge, loud, full-throated thank you to Alex, and then everybody gets the fuck back to work, you know, and like, it's a humbling industry, and you are only as good as the next thing…”