AI industry

“Like, if you extrapolate the exponential on how much companies are spending, it's like two, two x a year, roughly, in terms of capex, and today we're maybe in the, like, globally, three hundred billion dollar range, the entire industry spending on this and so …”

“So we've seen in the industry, like a 10 X decrease in cost for a given amount of intelligence through a combination of algorithmic data and efficiency improvements.”

“And I think that's particularly important in this era of AI where everyone's kind of locking themselves in walled gardens and trying to capture parts of the platform that are emerging.”

“If you're in the game and you're a leading player and what you're doing is working, you can influence people in, who are also in the game to take the right actions. And so that is like the core of it. Like if we just pack up and go home, you have no influence …”

“Despite the, like the sort of scary concept of this, like, you know, supremely intelligent model, that's totally proprietary to one company. The, so far the kind of industry trends haven't played that way at all.”