Internet

“I think that one of the impacts of the internet is that people want to be ruled by people again”

“And instead of it making the internet worse, I actually think the internet's getting better right now. It's just the interface that we're all going to consume it through is going to be very different. It's going to be much more mediated through some sort of an…”

“Over the next five years, figuring out what the business model of the next 30 years of the internet, like, that's the most interesting and important question in technology today, by far.”

“There's going to be a new class of citizens on the internet. These are going to be these AI visitors and these AI visitors, these agents are going to book jobs, right?”

“Models have seen the entire internet many times over at this point, and there is not a whole lot more to be done on human data from the internet.”

“Or the end of the day is saying that we're an AI-enabled XYZ, kind of like saying we're, you know, we're an internet-enabled law firm in, like, 1998.”

“That's what the internet's for. It's a terrible mass medium. It's a very good micromedium.”

“The bigger idea is that agents are going to use the internet in a way software uses infrastructure. So they'll request things, they'll call tools, they'll compare products, they'll retrieve data.”

“Shannon's work is widely regarded as one of the most influential scientific papers of the 20 century and laid theoretical foundation for things like the Internet, data compression, error correcting codes, digital telecommunications, Modern computing and much o…”

“Well, look, everybody's AI, right? Like, it's almost like saying that you're not AI today is like, I'm not using the internet, right? It's like, why wouldn't you use the most contemporary tools? So everyone's AI.”

“It's like, you can't stop this from moving cross border. Right. And so the basic point with all this stuff, again, is like, it's one thing if you're just like, okay, like the Chinese models are bad. And like, we're going to put up a trade embargo on like copyi…”

“To make a new financial system, you had, you needed a few things, like you needed scalability of the blockchains to get the cost down and the speed, speed down. You needed regulatory clarity, and then we needed privacy of the transactions. It's actually almost…”

“That data came from the internet, it was human generated, and we have used it all. You know, as Elia said at NeurIPS last year, We have but one internet. It's the fossil fuel. We fracked. We got every ounce of data that we could out of the internet, but it's g…”

“The idea of us using the internet and using our computers in the same way that we are today, 10 years or five years even down the road, It's not gonna happen. I do think that most of it will happen by these, like, smart AIs that just understand everything abou…”

“I don't think that's true, by the way. Like, I think that's a happy talk. If you know, like, one thing you learn when you go to different countries is they're very different. Like, the laws are different, the policies are different, the governance are differen…”

“Internet's down 16%. Software's down eight percent on the year. You know, SPY and NASDAQ are up, but really up because of their components that are related to AI and compute.”

“Anything that can be free on the internet will be free. Anything that can be less clicks, less friction, will be less friction.”

“My most controversial opinion is that I think that AI is as big a deal as the internet or mobile and only as big a deal as the internet or mobile.”

“Now that you can generate anything you want on the internet for free and that like the internet's just like full of infinity content, I do think actually these offline, truly offline experiences like are going to become extremely valuable.”

“These secular trends, like the internet was like this actually start with individuals and big companies tend to make decisions centrally.”

“And so it's like an ever expanding TAM and it's going to be perhaps as big as the internet if not more. And that's like, I'm talking about just software generation broadly.”

“Basically what's happened is the internet reinvented randomonia. Right. And so, right. The experience of monitoring the situation on, especially, you know, on, on social media and especially of course on X.”

“Potential for between robots, devices, and agents, it is going to be trillions. An order of magnitude more users are going to come to internet.”

“The analogy here is the internet has been for AI what coal and oil were for the industrial revolution. You could just literally drill a hole in the ground and get black gold. Today, we can just download all of the internet. Neither of these resources had to be…”

“And so I think when the problem set around space networking came up, and when that was something that I started digging into, it connected on that deeper level where it's like, wow, this is something, like an opportunity to make an impact on an industry that c…”

“Like so far we've trained these models with, you know human generated data publicly available on the internet, but we are running out of human generated data publicly available on the internet to train the models.”

“Whereas the model is able to kind of, Think for itself and come up with an answer on its own. So it's something you know, it's something totally new. It's just, it's not just matching some of the text that exists on the internet.”

“I still see people who say, no, it's just like a stochastic parrot. It doesn't do causation. It doesn't work very well. It's got hallucinations. It's all useless. These people are morons. Like, they are just idiots. But they're idiots in the sense of somebody …”

“There's a big, fuzzy question of how much do you, as a normal person working for a company, have to be thinking about what the software could be doing for you, which I think gets you into this fallacy of, like, we're going to make everybody use AI, which to me…”

“The internet is here, so if you want to use AI, if you want to apply it to your business, you just do it. Like, there is no infrastructure that needs to be built to adopt the thing.”

“So it became more important at one point to be famous than to be great, because as a currency, you had to be great at one time to get a record deal, to do all that stuff. And then that sort of dwindled as time went on, which is just fine. But It is absolutely …”

“I think everything we've seen over the last 30 years of technology, from the PC revolution, To cloud computing, to the internet, mobile, all of that is going to be dwarfed in comparison to the impact that AI is going to have on society.”

“First of all, I would say this is the biggest technological revolution of my life. And you know, hopefully I'll see more like this in the next whatever, 30 years, but I mean, this is the big one. And just in terms of order of magnitude, like this is clearly bi…”

“If you create a single thing, not, it'll be 10 things, just one thing that people are amazed by. Put it, pour a year of your life into making one amazing thing that people are amazed by, and amazing things will happen, I promise you. Like the internet is amazi…”

“Think it probably is more impactful than the internet was. It's not only gonna affect obviously every technology company, which, you know, you see in the markets, but it's also Going to impact in this case, I think almost every company that, you know, needs wh…”

“Niches are way bigger than you think they are. So if you think you're writing about a niche topic, the internet being a global community of four-ish billion people means that any little niche, there might be six people in your geography that care about it in …”

“Well, you know, I'm a centrist, so I think this is as big a deal as the internet or smartphones, but only as big a deal as the internet or smartphones.”

“This is more meaningful because it will touch a higher percentage of GDP, right? The internet was the other very meaningful one, but it changes how we interact with each other. This will change much more than that.”

“I think it's like, it's as big a deal as mobile or smartphones or the internet, and not a bigger deal than that. I don't think it's like, you know, the new electricity or the new fire. I think it's as big a deal as the internet.”

“On the other hand, you know, when you talk about capital allocation, the federal government literally invented the internet, right?”

“Well, forms I think are the most underrated. Like fundamental particle of the internet, right? Like nothing happens unless like the most interesting thing of the internet is capturing input from somebody.”

“It feels bigger than the introduction of the internet. It feels bigger than the shift to cloud. It is, we expect it to fundamentally transform how businesses operate and how humans operate.”

“This is the Paul Gruckman talking about how the internet's gonna be no more significant than the fax machine. Facts, yeah. He's a brilliant economist, he has no idea how a computer works.”

“First of all, like I think short form video is the bread and butter of the internet. It is the top of funnel for all attention.”

“I don't age gating in the history of the internet. I don't believe has ever worked.”

“The original South Park came out in 1993, and it was significant. It was the first internet viral video ever.”

“The reason the internet is valuable is because it's an economy. It's not valuable because of technology. It's valuable as an economy. And that economy was set up in such a way to pump interesting information and unique commentary into it and like products and …”

“The total market size in like, 1999 for internet anything was like fifty million people total max maybe.”

“If you were sitting in 1995 or 2000 at the beginning of the things you did not know, and there were plenty of those, there was nothing that Cracked your mind and astounded you and said, oh my god, this is beyond me. This is magic. You could master it. It wasn'…”

“And we think about this as the broadband moment for crypto, where when we were in dial up of the internet, you couldn't have the applications that exist today. And then gradually we scaled the throughput, scaled the bandwidth, and that led to these new breakou…”

“Even the rapidly adopted internet took around five years to hit adoption rate that AI has reached in just two years.”

“For the first time, every CEO in every industry in every country is thinking about what do I do with this technology? Never happened before. Cloud wasn't like that. Certainly PCs weren't like that. Internet wasn't like that.”

“I anticipate that over the next five years, we will see the same level of progress that we saw over a decade in the internet.”

“I think within five years, the internet is going to be the largest holder of US treasuries.”

“If you look at metrics like the amount of money revenue generated, the traffic, right? I mean, it's more and more, it's like 95% plus of that. Both of those metrics are, you know, now in five to 10 companies' hands.”

“If you look at Mary Meeker's first big public internet report from 1995, she has a separate forecast for web users and email users, and she thought email users would be way bigger.”

“AI is, I'd say, uniquely different from some of these previous ways, in an important way, which is, you know, personal computer, or internet, or mobile phone. All of these had a, one of two things, or often both. One was a big hardware component, of like, yeah…”

“And both Sam and I are separately sitting there thinking the internet has killed this art because, which we realized later when we brought up the point, because basically these people who, you know, in their world would have been like the juggler, the town ren…”

“And like, you know, I think with the follow on of the internet, what happens with that is it forces everyone towards the fringe of weirder and weirder stuff to right size communities. They can be the best of blank and whatever. And so you end up with like thes…”

“I think the nation state is kind of cracking up in a way just to get do more for a second. And I think the internet's definitely behind part of it because you don't have the sense of collective consensus that the media and TV, for example, Used to create durin…”