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 24 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
Ross: Gemini's integration into Gmail and Google products is practically unusable
“It's like, it's in Gmail, but it's practically unusable. It's in pretty much every product, and it seems thrown in, kind of, like, half thought through”
Ross: NVIDIA's software moat applies to training, not inference
“That NVIDIA's software is a moat. Yeah it's true for training, but it's not true for inference.”
Ross: Groq benefits NVIDIA by capturing lower-margin inference workload
“You can almost say we're one of the best things that's ever happened to NVIDIA because they can make every single GPU that they were going to make, and they can sell it for training, high margin, gets amortized across deployment. You know, we'll take the low m…”
Ross opposes 'founder mode', advocating delegation over micromanagement
“I'm anti-founder mode. I believe in delegation. I think when you are telling people how to do their job, that is an indication that it's not a, not necessarily a problem with you. It could just be that that person is not right for that job.”
Ross: $500B AI infrastructure plan is not enough spending
“Actually, I don't think it's enough spending.”
Ross: OpenAI Could Switch Backend to DeepSeek and Retain Users
“Most people think of them synonymously as AI. They could just switch to deep seek and people would still use them. It's brand. It's one of the seven powers.”
Ross: Specialized AI inference chip startups benefit NVIDIA's stock
“I don't know that Nvidia will ever see it this way, but I do think that those of us focusing on inference and building stuff specifically for that are probably the best thing that's ever happened for Nvidia stock because we'll take on the low margin, high volu…”
Ross: Hyperscaler AI CapEx of $100B Annually Is Not Overspending
“So when you hear the hyperscalers talking about that, you know, seventy five billion to a hundred billion dollar a year investment, because they're building out the capacity for data centers, they're putting a lot of money up for returns that they're expecting…”
Ross: Anthropic should open-source older models to counter Chinese AI adoption
“I think that Anthropic should be open sourcing their previous generation in order to get people using them instead of the Chinese models.”
Ross: There is no upper limit to usable AI compute
“There is no limit to the amount of compute that we can use.”
Ross: Trump Administration Policies Are Definitely Helping Advance US AI
“Definitely help. All of the moves that have been made are things that are going to help with AI. For example you know, the permitting issues, right? Overall, it's been a very positive experience on AI.”
Jonathan Ross: OpenAI and Anthropic Are Both Highly Undervalued
“I'd want to invest in both. They're both undervalued. Highly undervalued.”
Ross: Starting a new AI chip company today is too late
“I wouldn't do chips. That, that chip has already sailed. It takes too long to build a chip.”
Ross: Amazon lacks AI DNA compared to Google, Meta, and Microsoft
“Amazon, I think doesn't have AI DNA. And they, like, if you compare them, so you didn't mention Meta, right? But Meta and Google always had the AI DNA, and Microsoft bought it with OpenAI, but that bought them time. Amazon still doesn't have that DNA, but they…”
Ross: Drop in NVIDIA stock was a misunderstanding of market fundamentals
“I don't agree that Nvidia stock should have gone down for that. I think that was a misunderstanding on most people's part, but it also shows, I think that shows more like everyone keeps saying Nvidia stock can't possibly go higher.”
Ross: LLMs are better than search, forcing Google to reinvent itself
“Now, Google, ah, has to redo this because LLMs are better than search, right?”
Ross: Musk's OpenAI offer was driven by jealousy of Altman
“Frankly, I think I think Elon was a little jealous that Sam Altman was sitting next to JD Vance, and it wasn't him. And because it was right around the time that Sam Altman was speaking that he announced it.”
Ross: Europe should build 1,000 Station F startup hubs by next year
“I would say by the end of this year, you should have 100 station Fs. And by the end of next year, you should have a thousand.”
Ross: Nvidia is more valuable because of DeepSeek, not less
“It's actually more valuable. Thanks to deep seek, not less valuable.”
Ross: xAI's hardware strategy is sound, but proprietary model bet looks worse
“I'd feel better about my bet on building out more hardware. I would feel worse about trying to build out my own model.”
Ross: Five-year AI chip amortization schedules do not make sense
“And in our case, we actually don't think that five years makes any sense.”
Ross: An AI model itself is not a clear competitive advantage
“I think the model itself is not a clear advantage.”
Ross: European risk aversion hampers tech ecosystem relative to US
“So what I, for me, you know, watching everything, it feels like with Europe, there's a lack of a willingness to take risk, right? There's a black mark if you get it wrong, like everything's about downside protection. Whereas in the U S it's like, that was a gr…”