foundation model

“Foundation models, 90%. Application layer, 70%. And in the incumbents, the value going into the incumbents, only 20%.”

“Now we have made investments in Gen AI, but more in infrastructure, more in the application layer, more in the sort of picks and shovels to support, but we've not thus far invested in foundation models.”

“Now we have made investments in Gen AI, but more in infrastructure, more in the application layer, more in the sort of picks and shovels to support, but we've not thus far invested in foundation models.”

“If models get commoditized, then the price of the models goes down. And then those who directly reach the user using those models, harnessing the power of those models, but packaging it into like great product experience and utility value and directly own the …”

“Because the way it works is you have to pay three years in advance to get a big cluster. Like you have to commit to that. It's not like all the money goes away immediately, but you have to commit to three year To get like, you know, thousands of GPUs at once i…”

“The biggest beneficiaries of the commoditization of foundation models are the application layer companies.”

“I think there will still be differences, but I think our behavior, both in creating products and as individuals, will be almost more like kind of a conductor in an orchestra. It'll be like, well, you know, a little bit, you know, louder on the bass, a little b…”

“I do think that it won't be, that it's kind of like a grain, like grain of wheat. Or a pound of copper, you know, kind of in the classic thing. I think that foundation models will be different. They'll be different, like there'll be this one, there'll be found…”

“So I think that there is literally no doubt in my mind that there's viable businesses that will play out, and... Purely in the foundation model. Purely in the foundation model”

“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…”

“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…”

“Foundation models are the fastest depreciating asset in history.”

“We didn't think there was a talent density in Israel specifically for foundation models. Because a lot of the Israeli technology comes out of the military and not academia.”

“I don't know if the data supports this or not, but I think that even if you were to freeze the capability set of the current foundation models and turn all of your attention to optimization and tuning and developer ecosystem, it would revolutionize trillions o…”

“Like the foundation models are like a big, big VC firm's dream. They literally require billions and billions of dollars to go buy effectively NVIDIA GPUs.”

“So maybe there's three to five foundation models in the world. It's not going to be 10. It's not going to be 20.”

“Nothing jumps out to me on that, because obviously, like, I think the things with the most hype are code and foundation models and maybe starting to be use cases in finance, and I feel like The value being created is also very real.”

“I actually don't think we, there's that much advantage in a lot of application layer sort of solutions from having a better model. There is some advantage for sure.”

“I worry perhaps for startups that a lot of the things that they offer that are these sort of like niche carve out experiences for a category will be replaced by the broad based foundation models. And that many of these companies that I've seen a very rapid ris…”

“I don't think it's going to get replaced. I think it's going to get built on top of these foundation models, just like the way we do with our world models.”

“If you are fighting against them, you've already lost. If you haven't figured out how you're going to win with them, how you're gonna not just coexist, but actually find ways to collaborate potentially, and if the tailwinds that they create are not yours to le…”

“The amount of money that you need to build a foundation model is two or three orders of magnitude more than anything else.”

“Because what you're saying is keep up the price of AI as an input to the rest of the economy by protecting, protecting these foundation models pricing structure so that they can get a trillion dollars in revenue. And the loser, as always is the case with trade…”

“Percy was the person who literally coined the term foundation model.”