The Ledger, every show

“The PC industry grew up in Shenzhen. And they have these factories where like you show up and if you commit to building, you know, a 100,000 laptops, they will build you a building and they will keep all your IP in the building. They will not cross employees o…”

“Because even at Apple, the number of people that really are manufacturing people, they just happen to work in Cupertino and fly to Asian locations a lot is very, very high. Thousands and thousands of people as part of the company.”

“If they were to be able to sell them here, which, you know, is a challenge, you know, those phones would all be these share leaders, and it wouldn't just be Samsung and the AT&T store, for example.”

“For the past 25 years or so, they really went on this sort of bifurcated curve, which is hiring on, you know, for the people in the office, focusing on, say, 25 or 30 university departments, and then basically Everybody else was like, well, it's so much easier…”

“This is, the thing that AI is, is an accelerant in building the product. Whereas what sass and the cloud did was accelerate getting paid.”

“And I really feel like that is going to be The hugest challenge in, in large organizations figuring out how to adopt things is, like, they're gonna just get all bunched up over, over non-determinism.”

“So we will return to all of these problems that couldn't be solved. Like, even like this, everyone's favorite one, oh, it doesn't understand math. Right. Like, okay, that is a solvable problem, because math is solvable.”

“DC is the zero-sum game. There's something positive out there, so it has to accrue to the DC power base.”

“We've changed our view of excellent because we wanted more access.”

“But I really think that the most interesting thing for me, what's being underestimated in the near term is sort of vibe writing. And I mean, it seems weird to say anything with AI is underestimated because Lord knows that's not where we are. But the thing is, …”

“You dig in, and you find out like, wow, you're prompting, Although it's English-like, it turns out you're just programming. And you're just programming in prompts.”

“I, like, I'm telling you, GPT generates better enterprise case studies faster than the typical marketing associate does at a company in, like, one millionth effort.”

“Well, of course, I think the demise of Google is an absurd proposition. The demise of a giant company is, is a crazy thing to say.”

“All the experts in 1999 were like two things. Yay for global trade. This is what we all want. And also, don't worry. China, they're going to stay a third world dictatorship forever. They couldn't have been more wrong.”

“The iPad is a Mac. The Mac is an iPad in terms of the hardware.”

“I, it seems obvious that at some point, you know, Microsoft will have much more first party software.”

“Like, we had to shut down Hotmail for forever because, like, we wouldn't let them see the data center servers, which weren't even in China, and all sorts of complexities.”

“And so what they're going to do is they're going to focus on, okay, if we have to do this, we're going to also end up with giant factories of robots or better automation or new packaging technologies that don't require as many, all this stuff that they have al…”

“I think that the mistake is either thinking that China is about cheap labor, or the mistake is thinking that for things to be made in the U.S., it has to recreate three hundred million migrant workers on buses working temporarily and going back home.”

“Like on a Friday, the whole weekend was like everybody whipping themselves into a frenzy so they could wake up Monday morning and trade away a trillion dollars of market cap, which seems to be a, Complete overreaction and craziness, but that's not what we're h…”

“And I feel like that's where the AI community in, in the U S particularly, or the West, if you will, got just a little carried away. And it was, you know, just like every, you know, startup that has too much money, you know, the snacks get a little too good.”

“The apps that ended up mattering on the internet literally didn't exist. Before the internet. And I think that's what people are losing sight of.”

“DeepSeq, I think is, was the number I saw this morning is like 35% of the DAUs of open AI.”

“I think the credit card is more innovative than people are willing to say, because they focused on sort of the nerd wallet checklist as opposed to the security and the privacy and the money management.”

“There's just no way you could get the PC makers to stop putting extra software on PCs. Like, it's just not There's not an option for that to exist. Like you could try and try. I tried.”

“Startups tend to really underestimate the route to market in the go to market for like existing sort of heavy industry”

“Google is going to have a different set of ideas for what you can do with this device than Amazon does. And once the platforms start diverging, the idea of it being five lines of code and you get both for sort of for free is going to really change.”

“They do, this is part of their execution is to have this complexity, maximize their revenue from it, but not surface it to the average consumer who turns out to not really care.”

“Those are going to ship and they have two problems. They're going to, Ship after the iPhone, which is going to be available in, like, 10 days or whatever, and they're going to be on Android phones that have no Android optimized for anything that, that they do,…”

“But all of a sudden now, there's gonna be a whole industry that's like, wow, that, That giant thing like the size of a cereal box that monitored your heart rate might not be the best way to solve this problem. And it will benefit from the technology, but also …”

“Ultimately, I think what's going to happen is that when it comes time for there to be complaints or problems, what I think the EU regulators are sort of counting on is that there'll be a bottom-up view, and like, people will sort of police this on behalf of th…”

“I think that that's really important, especially in the startup world, because there's this tendency, you know, if you're a startup and you work in a particular space, and then you just hear an announcement from a big company, that they're working on something…”

“Samsung makes screens, and they make arm chips, so they seem to decide that every little device has to have a screen with an arm chip in it, and that just seems like overkill.”

“You can actually be different, and this is something, of course, that Apple tends to do better than anyone, which is be minimal about things. Like, you know, if you're making a Windows laptop, it's, like, cool to continue to have all the legacy plugs and all o…”

“People complain about AWS pricing, but the flip side of it is like running a data center yourself is 10 times as expensive.”

“I actually think people are underestimating the desire for mobile. And because mobile is two big platforms, you're going to start to see companies invest much more in one of the two. Because that'll be the only way to really deliver on this.”

“It turns out that was what the barrier to entering the search market, even for Microsoft and Bing, Was like, sucking in the entire internet fast enough.”

“I couldn't go to people at Boeing or people at the Navy or wherever in Wall Street and prove that Excel worked.”

“Google is, is not one organization. It's one type of culture around billions of scale, scale in the billions, super hard problems, but they really are like an enterprise company focused on search, you know, like that's built in there and they have a product cy…”

“And what Apple is able to do is the bet that they've made is that we have a platform that's made up of a set of APIs, a Unix operating system kernel, these ARM chips that have all of these sensors and capabilities. And it turns out the thing that they do uniqu…”

“And on a quarterly basis, Apple sells about the same number of, Apple sells the same number of devices as their RPCs sold.”

“It's very difficult if you're a big successful organization to stand up and tell the outside world the thing you love, And the thing that's all the business is not the thing we're going to worry about anymore. And you can't do that. Like that's the, that is th…”

“Cause they're actually no one doing that. All of those Are on the back of their S curve, and they're in sustain mode, and the last thing they're going to do is rewrite them”

“The neat thing about being a giant company is that within the company, there is a million ideas floating around and a million prototypes, and the process by which they go through this funnel and come out, that's what makes a company unique and their proprietar…”

“Fast forward this, 1218 months, and you could see the reviews and the columns, and it's going to be the Samsung VR kit, the Xiaomi VR kit, and just like 12 different ones that are like the same but different, and people are going to evaluate those, and then th…”

“It turns out all those things people said in the eighties when mice came out about like, it's kind of detached from what I'm doing. And it's this level of indirect. It turns out it's very true. And if you've, if you didn't force yourself to experience it as yo…”

“Yeah, it's worth actually just highlighting for folks, like, exactly how that works, because in the startup world, that doesn't often make a lot of sense. You're like, wow, you raise capital, you build a company, but what these people are doing is they're tapp…”

“You might think you could pick a special part, like, you could pick the best four K camera available, and think that that will be sustainable, but it'll be sustainable for, like, 10 minutes. Because that, that camera will be everywhere, or the capabilities in …”