The Ledger, every show

“There is no AI company that's multi-tenant right now. There is no AI company that's multi-tenant.”

“There will come a glut for sure. And whether that's like in two to three years or five to six, Satya and I can't tell you, but like it's gonna happen at some point, probably several points along the way.”

“Sometimes you may have to say no to some of the demand, including some of the open AI demand, right? Because sometimes, you know, Sam may say, hey, build me a dedicated, you know, big, you know, whatever, multi-gigawatt data center in one location for training…”

“That's probably where they'll all collapse, right, in the agent era, because if you think about it, right, they are essentially CRUD databases with a bunch of business logic. The business logic is all going to these agents.”

“They have, in a lot of cases, released people who have committed violent crimes in order to imprison people who have simply made posts on social media.”

“He called me a speciest like racist or something for being pro human intelligence instead of machine intelligence.”

“75% of all applications offer companies that you see today are going to disappear. And 50% of all applications, software categories are going to disappear.”

“I think that if we can't find some fair exchange of value, if we can't get something going, if they insist on continuing to train and work around our blocks and, you know, continuing to avoid even paying for what they're training on. I think we're just like …”

“I think they've taken 15 or 20 points of traffic share in the last two or three months, and that does not, that's just traffic to Gemini. It does not include search overviews. I suspect on a actual traffic basis, Google is bigger than OpenAI, Anthropic, anyone…”

“Even terrorist groups such as Hezbollah, Hamas to which Chavez and Maduro have given thousands of Venezuelan's identities and passports to travel around freely around the world.”

“A lot of those pilots are not converting to real revenue, and there's going to be a mass extinction event as a lot of pilot revenue, it's like, instead of ARR, it's like PRR, like Pilot Recurring Revenue, or something like that, or not even recurring, just Pil…”

“The chip companies are now stepping up and saying, okay, we'll absorb some of the risk. We'll put in the capital to finance this build out where the demand on the other side is not so clear because of course the chip companies also get to book this as revenue.”

“By the way, in my opinion, That was the end game for the Biden approach of requiring DEI values in these models.”

“That's when he got pretty vulgar and just told me, I'm gonna, you're gonna, you know, if you kill my effing bill, I'll never talk to you again.”

“If we pass this piece of legislation you're asking me to vote for, the BBB, you're changing the psychic to the nation of how much more can my country do for me. I wasn't born that way, I wasn't raised that way, I don't believe that way, and I can't do it. You …”

“Mitt Romney and I were talking about running. I said, Mitt, he said, Joe, let's, we have to start a new party.”

“I think that the lay person will be as good as a what a senior software engineer that works at Google is today. So I think that's happening very soon.”

“I think my guess for that level of capability might be maybe 2027. I think we're probably not going to find out for quite some time afterwards because of the delay in getting prices. But I think by 20, 27, 20, 28, I think extremely likely that the models will …”

“Kids should be having kids when they're in their teens. That's when they're supposed to have them. And you could argue that maybe there's a reason to stretch it out a little bit, but if we're just talking about Physical ability and depth of well of energy. You…”

“We have third and fourth graders who outscore 50% of the high school graduates in this country.”

“Arguably, it is kind of salient to our times, because I think if you were to retitle the movie, you would just title it Antifa the movie. Like, it's, like, it's like a full-throated celebration of basically violent social change, violent social revolution, lik…”

“I think he has Trump derangement syndrome. He just hates Trump. That's why he artificially lowered rates to try to get Kamala elected. It is indefensible cutting 50 basis points off in, you know, last fall.”

“I think ChatGBT becomes a monopoly. It's the fastest growing consumer product of all time. It is transforming how everybody, every normal person basically does their work, runs their life. And so that product alone is a several trillion dollar company.”

“Like GPT-Five in some way I can be considered as like, oh, 3.1. It's a little bit of like, you know, iteration of like the same thing and the same concept”

“In the cloud four system card, they reported blackmailing of the human. The setup was that the AI had access to the engineer's email and They told the AI that it was going to be like replaced with a, you know, a less ethical version or something like that. It …”

“We believe that the productivity uplift here is going to be so strong during the next five to 10 years. And I think president Trump's tax package is going to turbocharge this, that real GDP growth will accelerate from that three percent where it has been for t…”

“And we put out there five years. Yeah. Yeah. So and I think if he delivers on humanoid robots the way he thinks he is, we don't have enough in there. So our price target is 2600.”

“These NGOs have laundered over a hundred million dollars of our money to fund terrorist violence in our streets.”

“Energy will be the gating item beyond a shadow of a doubt. And so if you control electrons, any form of electrons, hydrocarbon to electron, electron to electron, photon to electron, doesn't matter. You will then be in a position to start asking for equity, ups…”

“Salesforce. Terrible. Terrible. Because they have no idea how to sell. They, they're order takers. To your point earlier is they don't, if you go to a place that's just an order taker, they'd have no idea how to do it. They have no idea how to sell.”

“I like doing a joke land acknowledgement that thank goodness that, you know, we took this place over from the Comanche Indians that were like a 10, 10 X Nazi death cult of murderers and rapists, and people don't realize that.”

“So like, you'll see this continue to move, but forced guests from the position we're in today, I would say that society decides training is fair use, but There's a new model for generating content in the style of or with the IPF or something else.”

“I think AGI is probably 20 years from now.”

“So our rate of growth is not six, seven percent as the government would like us to believe, but since demonetization, the average may be two percent or one and a half percent or something thereabouts, huh?”

“It's very much veered into socialism under, under Trudeau. He pushed that very, very hard I am very much hoping that, ah, Mark is helping all of Canada to figure out that that's a successful discovery of something that doesn't work, because obviously that kind…”

“And what my honest advice is avoid Maybe not all SPACs, but definitely my SPAC, just avoid it.”

“We've done a lot of work over the course of this year, a lot of which was catalyzed by Elon and the Doge team. As a result, we expect probably that we'll end up with somewhere around 2.1 million employees at the end of the year, so roughly about a 300,000 redu…”

“We think that, you know, AGI is within reach in the next couple of years.”

“Which is that in the next two or three years, given the right feedback loops, given the right compute, given the right, you know, elbow grease and this kind of stuff, we think that we as the AI industry are all on track to create something that is at least as …”

“We were actually on the seventh loaning equipment to LA Fire Department, who was running short of equipment, and we were actually loaning water because we were bringing in our water tanks when the water hydrants failed to work.”

“We are spending in the city of Los Angeles. 900,000 dollars per person that they're moving from the streets. 900,000 dollars.”

“I personally would be surprised if in five years NVIDIA wasn't worth 10 trillion, but I can't predict the outcome.”

“Last week we showed you plenty of data showing that there was three times as many people on the left who are celebrating or endorsing political violence.”

“And three, they're years behind us. Is it two years, three years? Come on, they're nanoseconds behind us.”

“China is competing with open weights and open training data, and the U.S. Is largely and majority focused on closed weights, closed data. That means that the majority of the world, think of it as the Belt and Road Initiative, are going to use Chinese models an…”

“The NIH had sent money to the Wuhan lab but we couldn't audit it.”

“We had some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them, and doing everything they can to score political points from it.”

“It's the antithesis, and it's not Western civilization. It's something different and destructive, and where it will lead to is a civil war that none of us should want on either side of the political spectrum.”