AI

“Like maybe one of my hot takes is like, I think for a lot of the big, of course there will be, you know, many medium sized outcomes in AI, but I think In this space, a little bit more so than previous ones, it's a little bit more polarized towards, like, you b…”

“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…”

“Clearly, all the large companies these days, they're very aware, they're very connected with the ecosystem. If you look at Asatia or Mark Zuckerberg, they are very aware of everything that's going on AI, and they're paying a lot of attention to it. And so, yea…”

“We're going to see a completely new type of experience and interface to build software products, and it's not going to be humans looking at the code, it's going to be something new, something more like visual, and driven by talking to an AI, and it's going to …”

“And then what happens is, over time, what happens is the, and this is what I think, this is what happened to smartphones, and this is what happened with and this is what I believe is happening to AI, which is the individuals get it first, adopt it first, the s…”

“My guess is we, they're gonna live in a world in which most aggregate AI is gonna be executed probably on smaller, smaller form factors, And probably most of that is going to be open source.”

“You see this in data, actually, already. It's AI was reconsolidating. You know, to basically two places on Earth and only one in the West.”

“Because it's literally, it's the first major reinvention of the fundamental model of what is a computer in 80 years. Going from the von Neumann architecture to the neural network... And so we've successfully unlocked computer industry V-II. It's 10 or a hundre…”

“I don't even think it's going to end up mattering because AI is going to solve all technical debt.”

“I don't even believe in AI unemployment from, to begin with. It's not how things work. But if you were worried about it, F-One is kind of proving that we can just make up completely incredible pursuits, especially with AI and robotics, we can make it cheaper, …”

“I think first is I'd say there's alignment amongst Rivian, Tesla, Waymo around the use of AI to train. And so the view that you're building a large scale foundation model, multi-billion parameter model, you're building that with the data flywheel of the vehicl…”

“Ultimately, the bottleneck is going to be electricity, and so companies that enable electricity production, assuming they have some moats, are going to be good investments.”

“So it is certainly the case that AI seems likely to produce enormous additional wealth. Whether that wealth will find its way to alleviating the tax burden on the working class in, you know, the 200 countries on earth that don't have their own AI industry, see…”

“What's different here is, one, you have AI. So all the integrations for the merchant are much easier. It's much less of a lift than previous Times when things like that, this have been tried.”

“Things that are common experiences are going to be more and more valuable. Common content, common classroom time, live events, like shared experiences, because anything that's individualized is just going to be completely swallowed.”

“So I do not use it to actually Generate any exact content, but targeted research and then critique. Those would be the two biggest use cases.”

“And in that world, I think crypto as an identifier of Authenticity is going to be more and more important. Like at the end of the day, I want the original. I don't want a reproduction.”

“One of the first or second or third order effects of AI is the marginal cost of arguing has gone down to zero.”

“And we looked at our data and you know, we support over 55,000 businesses. We lean a little bit towards tech, but not heavily. It kind of resembles the distribution of businesses you would see in the States. And well the majority of businesses have used Used A…”

“And my point on it is, if you look at it through the lens of like an end-to-end business process, you can turn science into engineering. And I think solving legal through AI, that's a science problem.”

“I think the atomic unit of productivity in AI is a process, not a person.”

“I think we will have some scientific breakthroughs with AI that positively break through into the mainstream press and awareness.”

“And like most of our traders and their stack have some sort of like summary and synthesis module that's AI, AI driven.”

“So, but I think the US economy is so much larger than it was 10 years ago. So to grow that, even at a half a percentage point higher than, you know, that, that's a massive contribution. So I expect it to play out that way.”

“To be very clear, you know, we are supply constrained. We are seeing the demand across all the surface areas.”

“As we add more functionality to it, just the right way to navigate this big product surface area is an AI that's read all the API docs for you.”

“My biggest takeaway from all this Has been that around agency where I feel like high agency people are the winners of the advances in AI and within organizations, low agency people will lose out.”

“Now more than two-thirds of, you know, new code is written You know, by AI at Snap.”