AI

“If we keep doing what we were doing before, We're gonna be in serious trouble, because some new company's gonna come along, and yeah, they're gonna have all these new tools. They're not gonna have this legacy of crap from the past, right, and old ways of doing…”

“So first, I find the right industry. I find something that's large. I find something that's growing. I find something where it's fragmented. I find something where we can buy things at reasonable prices. I find things where technology is, would, could be used.…”

“AI is gonna make music better. AI is not gonna thwart great people. There will always be the next Billie Eilish. There will always be the next Kendrick Lamar. There will always be the next great talent.”

“AI will never be able to write Blown in the Wind by Bob Dylan. Not in anyone who's listening to this, or in my lifetime, for sure.”

“But like, AI, there will probably be more, there will probably be more like single person companies, you know, from here on out.”

“I mean, in the last three months, there's been profound change, but to imagine, I mean, 18 months from now, The way that Snap operates will be completely different than the way it operated last year.”

“The thing we've said is we believe that money flowing to creators is going to increase, not decrease”

“Your best people know how to use AI better than your mediocre people. And it's Not by some sort of linear function. It's much greater than that.”

“Well, the response was I did a whole commercial in AI, ah, after that for the White House.”

“Clones don't sell. All hits are by their very nature unexpected. That's the most important thing to take away. Things that are data driven in their entirety can't be unexpected.”

“So they realized, like, we need a new media guy, like the way today everyone needs an AI guy or AI, you know, army.”

“So whether it's incubating companies from for-profit to non-for-profit businesses investing in companies and founders that are really right at the edge of transformation, whether that be AI. Biotech, neurotech, robotics, ah, even space.”

“And yeah, I think that's true, and I think we will get there.”

“And that's just doubled every, you know, every couple of months basically. And now we're talking about like, Hours of work. So, so basically an AI can just take a task that would have taken humans hours of work to go do.”

“But I think we'll kind of, Undergo the same period with AI where five years from now, it's going to be insane to think about all these things that we're going to have. 10 years from now, we're going to have forgotten that we ever lived without them, honestly.”

“But I honestly, I mean, I think we'll have solved most of that over the next five years or so.”

“Yeah, and this also goes towards a shift of going, people are moving from being ICs or individual contributors to all being leaders, but leaders of AI.”

“The most effective person in the world is no longer 10 times as effective or a hundred times effective. It could be a thousand times as effective in a particular area.”

“I think it's going to be that intersection between probably what blockchains will do and AI will do, because you will need to have intelligent smart contracts that will do stuff on your behalf”

“Like, today, token factories don't touch money that much. Money's been outside of AI, and we're on year four or five. It's funny, because money's supposed to be one of the first, most fungible things that should be playing the game, and it's not.”

“When you use a template, you are giving up on the possibility that you could be better. And I say this sometimes about AI writing. Your AI is a wonderful tool. I use it all the time. But if you are relying on AI to write for you and to generate ideas for you a…”

“If I'm telling you that you are potentially going to lose status, purpose, income, and security. And I seem just fine, and I'm smiling as I say it, automatically there's no trust between us. You don't even think of me as, barely as like the same species, but y…”

“Maybe the two big risks that I'm most worried about with AI, which are a little bit in tension. One is like a loss of control where, you know, AI somehow just becomes too powerful in a way that we can't guarantee the control we want. And the other is power get…”

“The better AI gets, the more some businesses that have nothing to do with AI, I think will be harder to compete with because we'll really want these like authentic non-technological experiences, or we'll care more about Sports teams or whatever. So no, not, no…”

“Like, I think this is, I think this will be one of the most important areas, even more important than automation of other tasks that AI can do just to help us understand more things.”

“So I think we've focused Correctly. So much on model intelligence that on the product side, we have not yet thought enough about what it means to give a model more context than any person could have and help advise that person on, on their big decisions.”

“The phase that we're in now reminds me of like smartphones before the iPhone. I was like an early adopter. I had like a Palm Trio in, you know, 2003 or four or whatever. You ever had a sidekick? I never had a sidekick. I thought they were super cool. I wanted …”

“I think there are some people in the AI field who effectively say we're going to give the world a cure to all disease and we're going to make stuff really cheap in exchange for people giving up their autonomy and impact over the future and power and also in th…”

“We're finally at the moment where AI is solving novel math problems. It is discovering other stuff. It is, you know, you can argue about how good or not, I would say not very good, but it is writing poetry.”

“And we are about to see the greatest boom in people starting smaller businesses that we have ever seen. I think AI is empowering that.”

“If you really want scale drone usage, they have to fly autonomously. You want to have a human surveying them, looking at what they're doing, and being on or in the loop, but the drones themselves need to be AI controlled and autonomous. It's the only way to ge…”

“And strike drones often travel over longer distances and like the HX-II, which is our drone quite often they're AI controlled.”

“I told one of my partners just an hour ago that if nine months from now, which is the one year since I return, I feel just as irrelevant. I'm going to take myself out.”

“Over the last 20 years, electricity demand has gone at roughly a two percent compounded annual growth grade, and, you know, we think it'll go to, you know, somewhere on the order of 10%, which is obviously a five hex, which on a base as large as energy is real…”

“And it's now the fastest growing and soon going to be the largest consumer of electricity in the world. And its name is AI.”

“Blend will be increasingly important, and everybody talks about taste now, how, like, taste will be the finding front of AI, and behind the buzzword, I think there is a lot of truth to that, where, yes, increasingly everybody will be able to create everything,…”

“And I think that that information flow will change with AI where You will have access to everything that's happening in a better granularity than you could ever have before, because it summarizes that back and back and forth.”