Brad Gerstner recounts the prevailing consensus in the early 2010s around enterprise adoption of cloud computing versus private on-premise data centers.
“People forget, but in 2011, 2012, the cloud was not viewed favorably. And the reason for that is it was more costly, it was less performant, and it was viewed as less secure than running, computing your own data center.”
quote is from the automated transcript, cleaned for reading:
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More from Brad Gerstner
AssertionNot checkable as stated
Gerstner: ByteDance expects 90% content moderator reduction via AI in next year
“They suspect that they'll see a 90% reduction in content moderators over the course of the next year because that work can be more efficiently and better done by AI.”
Brad GerstnerOct 25, 2023▶ 17:59Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
PredictionNot checkable as stated
Gerstner: Next five years will be the most disruptive labor moment in modern capitalism
“I think this is gonna be the most, ah, disruptive moment in labor markets in the history of modern capitalism. Over the course of the next five years.”
Brad GerstnerOct 25, 2023▶ 18:15Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
AssertionNot checkable as stated
Gerstner: Twitter cut headcount 80% while boosting product releases 70%
“Elon, with the work that he's done at Twitter, right, they reduced headcount by 70, 80%. And the product release cycle is probably gone up by at least 70%, right? It's incredible what they have in the pipeline there, and the fact that they're doing this with, …”
Brad GerstnerOct 25, 2023▶ 37:49Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
PredictionNot checkable as stated
Gerstner: AI will be bigger and more important than internet, mobile, and cloud
“I think AI, or I like to talk about augmented intelligence, will be more important to humanity. Then the first three super cycles I've lived through, which are internet, mobile, and cloud. I think it'll be bigger, and so I don't buy that thesis.”
Brad GerstnerOct 25, 2023▶ 11:03Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
PredictionHeld up
Gerstner: More compute will be deployed in 2024 than all previous history
“We're gonna deploy more compute in twenty-twenty-four than in all previous years combined.”
Brad GerstnerOct 25, 2023▶ 13:45Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
Opinion
Gerstner: Microsoft Copilot is the fastest-growing product in company history
“Co-pilot, which has 30,000 beta customers at Microsoft, I think is the fastest growing product in the history of Microsoft.”
Brad GerstnerOct 25, 2023▶ 16:20Ep 67: Brad Gerstner on the AI Supercycle & Restoring Faith in Capitalism · Joe Lonsdale
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