The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Katz: Revenue durability is the single biggest risk for AI applications
“If you were to come down to one, if you were to say this, what's the single biggest risk would be durability of revenue because the switching costs that you and I talked about are very high for infrastructure software. The switching costs can be very low for a…”
Katz: Very few open-source companies successfully defend their moats
“I think if you can maintain A competitive advantage with your cloud offering or your proprietary features that are very, very difficult to replicate, then you can maintain that moat. And I think very few open source companies get that right.”
Katz: Enterprise indemnification requirements will limit open-weight model adoption
“I don't, because I think it, especially in the enterprise, they want provisions and protections that potentially open weight models, especially those that come out of China, cannot provide. Around indemnification, for example, and output inference, and it's go…”
Katz: Companies Should Not Manufacture Internal Adversity or Enemies
“I worry about creating adversity inside of a company. Well, you have so much adversity outside of your company, right? You've got to deal with competitors, disparaging yourself and the company. You've got to think about how you stay ahead of the competitive la…”
Katz: Having any customer or sector exceed 10% of revenue creates risk
“If I've got one customer that or one category or one industry that accounts for more than 10% of revenue, I spend a lot of time thinking about it. And that seems to be kind of the industry standard, that threshold, that if some dimension of your revenue base a…”