defense

“And when I looked at national security, it was a very interesting space where the only two unicorns in the last 30 years in defense, Palantir and SpaceX, were both founded by people who had just sold their company for billions of dollars.”

“And if you can get through the regulatory hurdles or the procurement hurdles and see that market on the other side, you are competing against the slowest moving incumbents because they have had an effective monopoly for decades. That's true of education. That'…”

“I'm not sure whether we'll be able to create those companies kind of in the next two or three years to a point where they provide sufficient sovereignty, but I'm very sure we can do it over the next five to 10 years.”

“And now the defense has to be automated, because there's no way to keep up with automated attackers.”

“And there's probably, what, two to three trillion can be spent over the next five to eight years in Europe, in defense, actually, and all layers, not just final product, but like components, and there's lots of layers here, I think.”

“When the automotive industry is shrinking because of some of the factors you mentioned, those people immediately find jobs in other industries which are growing. Whether that is censors, whether that is defense.”

“And so, anyways, I think that the Transformer paper moment was the was the Ukraine war, and then I think the Chi-GPT moment hasn't happened yet. And so I think that defense is actually, you know, is under-hyped in some ways, or like underestimated in some ways”

“I would say, and I think this ties into our conversation so far, that AI, that defense is the next AI.”

“So I do think, look, there's no way around it. Skoya was late to defense.”

“The Pentagon budget for new shit is fairly finite, and I think there'll be five or six big winners in defense. I'm not sure there'll be a hundred.”