The Ledger, every show

“Our claim to fame, which is kind of a crazy, you know, reality is we've never spent any money we've ever raised, you know, in the history of the company, which is kind of, it almost sounds like it's made up. It says that the company is almost 10 years old, you…”

“If small and large commercial software companies don't support our government, and specifically the Department of Defense, we're screwed.”

“In this intelligence revolution, The companies that impact the physical world might actually be bigger than the companies that impact the digital world.”

“I think if you fast forward some years, that will be a completely closed loop, like with no humans intervening.”

“The Google leveling system is the same as the General Motors leveling system.”

“If you had to ask me for what that number is, 28 SOP, 29, start of production, 29, 30, and then by the early thirties, it'll start becoming very cheap to free.”

“It's 26 now. I mean, certainly by 30.”

“The cost structure that we're currently seeing from whether it's from how much we spend on model training and development to employees to where we're at that phase of the bubble where it's like, you know, like the, all the opulence in the companies is what peo…”

“China's the only country that I think we probably won't be in maybe ever, but certainly anytime soon.”

“And I do believe in 20 or 30 years, not that much longer, we'll look back and we'll kind of be like, it's kind of like we think about child labor, you know, in a post-industrial revolution, that was a normal thing. You would send kids who are in middle school …”

“I think like the most obvious use cases that will come early are going to be use cases where you get the most amount of bang for buck. And the bang for buck is a car that drives itself or a mining robot, which is a mining vehicle, which is now intelligent. And…”

“I think generally speaking, every, every single car company on the planet right now is working on a product. That's like a Tesla FSD product. Every single car company there without exception.”

“It will not be a long time. You're already seeing this happen in China where the downward pricing pressure for that autonomous product for the lack of better word will become close to free. So now you fast forward five to seven years and every car Has some lev…”

“Yes, I think the real impact of AI in the next. Five to 10 years really is going to be in farming, in mining, in construction, in self-driving trucks. That's where you're going to have a real impact.”

“The, that is where I think this, you know, this kind of intelligence kind of revolution in the real world is really, I think is going to fill those gaps in rather than like an entire industry suddenly gone and it's just automated.”

“The couple 100,000 people that work at Huawei, about a quarter of them are members of the Communist Party.”

“You, like, you can just look on levels, FYI, you get paid more to go to a startup than you do at Google or Facebook, and those companies generate billions in cash flow a month.”

“So I think general availability on a FSD like system over the next five years is going to be common, just like navigation systems.”

“I think at 2030, 2035, you're going to have deep downward pricing pressure, like to where it's like the expectation is going to be close to free.”

“I think it's not controversial to say that the conflicts of the future are going to be software defined. They're, it's not going to be very traditional conflicts where you have You know aircraft carriers lining up or you have tank columns”

“In China, this is, you know, this is the reality. Engineers software engineers are very senior within the party and within the defense apparatus, and they are making these decisions”

“You can go to the dealership and try, you know, assisted, assisted parking in a way that does not exist anywhere in the West.”

“And so the next kind of 10 years is, and I think what you'll ultimately see is, like, somewhat of a very technical convergence, because the Tesla system is a very sensor light system. It's basically just a camera system. And the Waymo system is very sensor hea…”

“So that's all gonna happen in the next five, seven years. You don't need to go on five autonomy rides to be kind of blown away. And so I think all of that, that, all of that is coming.”

“So if we look back at 2017, the autonomy doesn't look that much different, the players are generally the same, but I think 10 years from now, autonomy will be very, very different, insofar as it might even be a commodity.”

“The German government won't just let Waymo come take over Germany and let Daimler and BMW go under business, and the same thing is true for Hyundai in Korea, Honda and Toyota in Japan, and the Chinese companies, because there's a recognition that if all of the…”

“I think the real bloodbath in this ecosystem is not going to be at the manufacturer's level because consumers have some affiliation to, like, a Tesla vehicle or, like, a Mercedes-Benz, etc. It happens at the tier ones, but where there's that destruction, there…”

“All these things will be fully autonomous. But the intermittent steps are very much what we saw in the PC, where you have this slow step up to one day that'll be like, now nobody really looks at laptop specs and even maybe, frankly, your phone specs. But that'…”

“I think the physical world and AI going into that is, I think when we look back, I think that's going to be the bigger story. And then look back 25 years from now.”

“We run like, as an example, we run driverless trucks in Japan right now, like as we speak, we can't have errors that are L four trucks.”

“Waymo used to be in self-driving trucks, and then they closed that team down because the old way of building self-driving, those are two almost discrete systems. Different sensor placement, you know, different vehicle type was enough To make it actually just d…”

“And by the way, the self-driving thing, as an example, you know, whichever way you slice the statistics that are available from self-driving companies, they're supremely, supremely more safe than human drivers.”

“We are a profitable company. We've been for many years. We've grown, you know, we've raised, you know, hundreds of millions in the company's history, close to a billion. We have all of that in the bank.”

“There is a ever increasing view that Actually, the strategy of a robotaxi and the strategy of a passenger car autonomy are going to collapse in China. It's showing that more and more.”

“Porsches are the most profitable cars on the planet. There's 30 to 40,000 dollars in profit per vehicle.”

“If you're a Chinese company, you don't get the choice if we're dual use or not.”

“I think, let's say, 10 years ago, there was more controversy on should you do defense or not. I think that's all basically gone in Silicon Valley”

“So now, I think we're at that threshold where, you know, the next decade, Is very much the productionization and proliferation of autonomy. And you can say, broadly speaking, the intelligent vehicle. And it is also the monetization of this technology.”

“Every, a 100% of automotive OEMs globally are working on autonomy solutions. There is not a single OEM who does not have a real effort in the space.”

“And so I think with autonomy, I think the arc here, you, you'll see all these individual modules will be run by individual players because there is this natural arc in capitalism, which says the independent providers can do cheaper, better, and faster than any…”

“And I think if you fast forward another 10, 20 years even the manufacturers themselves as a customer base will be a small amount.”

“Our kind of a you know, claim to fame is we've raised over about a billion dollars in the company's history. All that is sitting in the bank”

“We think the same thing's gonna happen in the physical world.”

“You know, midterm, we want Dana, if not the short term, to really, you know, make humanoids way more real.”

“When you decouple models from just the hardware can do it now. That used to be a constraint. So the hardware is very fast and accurate now, which was actually.”

“But I think massive energy farm that's completely autonomous, that's gonna be the future. And I think everyone, like, everyone reacts to things like that with, like, fear. And it's like, guys, that's amazing. That means energy costs go way down.”

“We work with everybody minus we don't have an office in China, but really everyone else on the globe.”

“Historically, if you're moving a dirt mover or any of these machines, there are like, you know, buttons you press, whether they're actual physical tactile buttons or something like a touch screen, that's just, that fundamentally is changing to where you're jus…”