AI

“It feels like a lot of sales is all going to go back to relationships. And so the truly gifted salesperson that's just good at making people like them and wanting to do business with them is actually going to excel, even in a world where as a small company, yo…”

“There's going to be an arms race and just as fast as the AI spam increases, like, so will the AI filtering.”

“This could lead to a bubble that pops, but it still could be amazing that all this stuff gets built out and there's all this infrastructure. And that's exactly what happened in the dot-com boom. There was a lot of dark fiber and that's what enabled Google to g…”

“I think we could see the same thing play out in defense. I think we could see the same thing play out in AI.”

“Energy is, like, clearly the next thing, and it's been a little bit of a champagne or a cocktail position in the sense that people talk about it at cocktail parties. Oh, energy's gonna be really important. Sam Altman's investing in it, but the market hasn't re…”

“This is something that AI is actually going to solve because imagine when you can take a data room and even ingest like in, in, in my case, there was 30 years worth of physical records for the business. And we only really had to pay attention to the last like …”

“I think something along the lines of like a friend AI thing that you're wearing, and it's recording, 24 hours a day, seven billion people, I think that actually might generate One or two more orders of magnitude of data. And maybe that's useful data.”

“A lot of the AI doomers are fearful of a return of God. Have we talked about this? Basically this idea that they live degenerate lives that are highly incongruent with any sort of moral framework. And so, but they also believe God is dead. And so that's fine. …”

“I think that it's gonna become increasingly hard to compete as part-time content creators when there's any, when there's billions of machines creating AI slop constantly, so.”

“Not gonna happen in twenty-twenty-five, but probably soon.”

“I actually think in the era of just AI slot products, these, like, ultra, ultra handmade, like, it will become cool again for somebody to say, Yep. I'm gonna hand make wine bottles, right?”

“You just gotta find the correct line and only post things that you're comfortable living on forever and being baked into the God in a box. Feeding the LLM.”

“If you just ask me, like, Will humanity invest half a trillion dollars in AI over the next four years? I'd be like, absolutely.”

“There is a world where The law firm's getting 40% less inbound inquiries, but of the 60% that they're still getting, those are higher margin now because they're able to leverage AI.”

“If you under invest and AI is real, you're screwed. If you overinvest and AI is real, you're great. If you overinvest and AI isn't real, you still have a lot of assets. It's still valuable. Like there was a lot of dark fiber that wound up getting used later on…”

“How, in what world does AI and LLMs not wind up being around a trillion dollars of value? I get that. Like it could go any direction and like how you slice that up. It could be very equal. It could be one winner take all. And you know, Hey, people are gonna ha…”

“You know, I think we're about 90% AI and you know, the age of intelligence is here.”

“I think like every organization should be thinking hard about whether or not they ought to cap headcount and just, you know, keep headcount at or below where it is and increase kind of headcount, so to speak through AI.”

“Taste in this era is going to be a hundred times more valuable as intelligence, thank God, is getting democratized than a commodity, and so it's an amazing time to have great taste, and this is, the timing could not be better for what you're doing.”

“And yes, I think they are the company that more than any other company in the world is in the position of both being way ahead in certain elements of AI and like has a huge advantage, but they also have the most to lose, right?”

“And the tagline is AI is not your mode. And it's just like, we were just driving on the one-on-one and every fucking billboard is like AI this, AI that. And we're like, this is just like piles of money burning on the one-on-one. So we decided to burn a little …”

“I think we are in a super cycle of mimetic venture capital money lighting on fire. In AI right now because, and there's a bunch of structural reasons for it.”

“AI, unlike prior innovations, like unlike the transition from shrink rack software to the internet is just so good for the big companies, right? It's easy to slot in. It commodifies. I mean, there's just like, you can't, you cannot think of a better extending …”

“I don't see that the AIs are going to be able to do our thinking for us. I mean, that's like a totally different world. It doesn't look to me like we're on the path to getting that.”

“The reality is I think that like in SF, if you're building an AI company and you're not an SF right now, it's just, it just seems like a bad idea. Like you should just move to the place where all the AI stuff is, is happening outside of that though.”

“But it just feels Antithetical to Apple's culture to execute on AI in the way that I think you need to they are very like measure measured 35 times and cut once and let's do this all secretively and let's like try to control the ecosystem and keep everything l…”

“I think the whole point of AI is the switching cost for almost all this stuff goes to zero, right? And because switching cost is zero, there's just no value.”

“And like, that's not where the leverage is. So you're not really investing in the AI business, right? You're still investing in the accounting business, Steve's business, right? And everyone has the same level that it's a classic war of attrition where like yo…”

“It's not, you're not investing in the AI. You're investing in like a new way or a new approach to hiring, which happens to leverage AI. And I think there is an important distinction there.”

“Whereas I could not think of a more classically extending innovation than AI, right? It just makes the rich richer.”

“AI is going to make the big, big, big platforms a shit ton of money. And it's going to be really good for small businesses, but it is a terrible place to hunt for startups, right? It's a great way to lose a lot of money on startups.”

“The problem with AI in general, and I think the entire AI discussion is I always like to point out, it's like the average of infinity and zero is infinity, right? And so VCs aren't very good at math, but they can do that one. And so the problem is you say, oka…”

“You don't understand, like, this is a liability shifting thing. Like most, a lot of human jobs are not actually about doing the thing. They're about shifting liability and responsibility, right?”

“We have. Yet to go all in on something, but that is not to say we haven't had a risk of potentially falling into that a hundred times in the last decade. We talked about going all in on crypto. We talked about going all in on AI.”

“There's going to be this Cameron explosion of. Like micro S and B and midsize company creation that AI enables that maybe shouldn't be venture backed”

“Somewhere someday, some reporter you're going to see on TV asks is going to ask an insane question with an insane premise. And it's because someone along the lines, I gave them a list of questions generated from AI.”

“This is a bit of a hot take, but I would say. A lot of the problem solving is actually good enough already. You know, a lot of the reasoning of the problem solving, I mean, AI has been shown to be capable of solving some pretty hard stuff. I think actually wha…”

“And then the other thing that we felt really strongly about was that the product experience was going to shift from this kind of more Q and a text completion style products to basically an agent, you know, and practically I think what that means is I honestly,…”

“You know, I think the at a high level, you know, I think all the continued progress that we're seeing everywhere in AI actually is, is primarily due to Essentially like reinforcement learning, RL, that's really working.”

“I think that a lot of the existing great businesses are going to do very well in the age of AI. I think there will be you know, in the neighborhood, I would say if kind of like you know, the 10 to 20 power law businesses of the new ones that come up from AI, y…”

“In the longterm, I think these things naturally do kind of converge to a point. And there are a few particular pieces I would say that, that really kind of caused that. And one of the big ones that I'll just point out is, you know, there really is a lot of I g…”

“The artisan is always going to be able to create that desk that you're at, you know a piece of art, a piece of music that's original from the human mind is always going to stand out as being different. And so I think that human innovation and human ingenuity a…”

“In a world where AI is better than us at pretty much everything, every human is going to be a personality hire.”

“I don't, I believe that you don't want AI in your infrastructure just yet.”

“I love the Claude artifact name. I think it was one of the most important inventions as it has happened in AI in recent years”

“Like, the current, like, new CNC ecosystem for all things, like, frontier tech, AI, et cetera, is, like, in such a crazy bubble right now and that actually just makes it really hard for generational companies to be founded.”

“You're getting a glimpse just from these, like, early images of how cool and beautiful the things AI makes or helps us make will be. Just imagine this scaled up, like, a hundred X, a thousand X, integrated into all our senses, maybe even into our minds integra…”

“So if somehow this whole deep learning paradigm is wrong and we just, like, totally missed the boat somehow, then I could see it happening and that's, I give it a 10, 20%.”

“I think the way to model out the next few years from a career trajectory is you'll just have a hundred extra leverage, but you want to be in a position where you can use that leverage.”

“I grow increasingly concerned that we are just frankly behind. In terms of the model development, the application of hardware and the synthesis they're in both from a hardware standpoint, from the software standpoint, and then critically the ability to test.”

“I think people talk about bubbles so much in AI and I, it's almost, I feel almost the exact opposite where the value that we are suddenly proving out in AI is almost underrepresented in, in what we're seeing and what is going on?”

“I think it's probably gonna happen this year. And if not this year, then next year.”

“So I don't think that's ever going to come from an AI, at least today, at least in the form that we know of it today. So as we think about the role of the GP, we think it's going to continue to stay the same.”

“But what I do believe is that basically any form of writing that is driven on pure utility. So we're talking business memos. We're talking emails that your lawyer sends you that are fairly standard, pure utility, not about the art of writing. And not about bas…”

“It's like 60 or 60 plus of the people percent were like actually had said they were using AI regularly.”

“When possible, actually it's better to not use AI if you have the option to not use AI. Like AI is meant to be a plug for things that don't exist, but if you do have the integration that's written and Battle tested by, like, you know, thousands of people befor…”

“Look, even if it was low, like, 10%, that's unacceptably high. If you listen to the Dwarcush podcast on EI 20, 27, that's the part, I love Dwarcush, I love the podcast, but that's the part where I'm like, what? At some point they talk about Pidoum, and one guy…”

“There's so many complicated pieces of the puzzle from an AI standpoint that that I think it's going to be hard to disassociate the aggregation that is what's being tariffed into AI. And in talking to people over the weekend that are exposed to these large mode…”

“Where AI has struggled is you tell an engineer something obviously wrong. They're never trusting you again. And they shouldn't, honestly, like you want to fly in a safe plane.”

“The tinkering in garage problem is very unsolved. Like you look at AI's capability there. It's like, it's a disaster.”

“So anyway, I think it can be used and can be super useful, but because of those regulatory bound like guidelines, I'm not sure it's going to like be a step change in underwriting.”

“You can cheat on a test, but you can't really cheat on a sales call. You can't cheat on a meeting. You can't cheat on a conversation. What Cluey or what AI allows is sort of like an unfair advantage. And it's so unfair that it feels like cheating.”

“I mean, the percentages get even more skewed at the higher level schools, but I will say out of every single person I've met at Columbia campus, there is not a single undergraduate who hasn't cheated on at least one assignment using AI.”

“Cost of AI down 99% over the last two years.”

“There's a delta in your output if you are AI assisted versus not across coding across every discipline right now.”

“Like, the genie's out of the bottle. China versus America. That race is already going on. Nobody's gonna slow down and everybody wants glory. Nobody cares about the other people or something. Everybody wants glory and some kind of power to control the future.”

“We won the internet because we were free and open. China's winning AI because it's free and open. Not because they care about that.”

“And so there's this interesting thing where AI is actually leading, making venture capital, I would argue more insular, right. Than it was before, not less insular.”

“We're not focusing on taking pictures of driver licenses. I think that's going to become very challenging over time.”

“We're now like three years past that you're early to the game. And so if you haven't figured out how to take your stale product or your product that's maxed out and begin to re-energize it feels like you're a little late.”

“I think two years ago we were saying like, 30 to 40% of the companies we see talk about AI or are oriented around AI. Last year was like 90, and this year it's a 170%. You don't meet non AI companies right now.”

“In the sustaining versus disruptive innovation, I think AI is like pretty clearly a sustaining innovation in almost all cases. I think it like might be disruptive to Google. And so assuming like a scale up is still Competent and can still build new product. I …”

“Playback they're also going to integrate you know, AI into that flow as well, like a voice based commentator or whatever that can watch the game and, Provide an overlay for fans”

“Canva for video as an idea has been sitting around for a while. And I think it's actually finally possible because of AI, right? Because the real value of Canva is you start with something, right? You don't have a blank screen.”

“There's a normative view of the most valuable application of AI is clearly towards autonomy in the enterprise.”

“If AI is electricity, like in electricity, all the value didn't accrete to the people who made the turbine generators. It went to the people who made the tools that ran on electricity.”

“I think that the crypto space right now, the real shortage we have is startup talent in that there's a lot of obvious good ideas where there just aren't many people pursuing it. So I think it's actually the opposite problem than most, like, then you might have…”

“Zero knowledge arguably is, and Vitalik's also made this analogy, ZK arguably is to crypto what the transformer is to AI in the sense of, It takes a bunch of things that were previously special case stuff, and it puts it into kind of a common framework where y…”

“We think that the way you really build industries is legislation. If you think back to the internet, that was built on really on the 96 telecom act. If, you know, and had things like section two 30, which, you know, you may know is now a contentious issue had …”

“I think that's one broader way to think of blockchains is like, it's like if AI, you know, is solving all the problems in the world that, that they need more intelligence, right? Blockchains try to solve the problems in the world that need more coordination, r…”

“If AI, you know, is solving all the problems in the world that, that they need more intelligence, right? Blockchains try to solve the problems in the world that need more coordination or more, you know, kind of collective collective action, getting a bunch of,…”

“I think that the crypto space right now, the real shortage we have is startup talent in that there's a lot of obvious good ideas where there just aren't many people pursuing it. So I think it's actually the opposite problem than most, like, than you might have…”

“If we do that, we can actually have tens of thousands or hundreds of thousands of companies, each of which can get to a billion dollars net revenue, you know and like you could do it probably with 10 people, right?”

“Dude, it's like 90% AI. It's about 10% 11% hard tech, which is awesome.”

“So, like, as a military technology, nukes are not that good. AI is way better.”

“AI creates digital abundance, and blockchains are good at enforcing digital scarcity. And I think you're gonna see more and more synergies emerge and use cases over time”

“It's like 90% AI. It's about 10% 11% hard tech, which is awesome. And then the really crazy stat is, you know, how the last four batches, about the last year you know, the batch itself as a whole has been growing revenue by 10%. This time it's 12.”

“Well, there's also, AI's a funny one, because we don't use any AI.”

“So this is, I think, a very underrated bear case for tech in terms of AI, at least for this time period, is they've lost that That murky bargaining power over employees that they enjoyed for decades. And currently you're seeing what happens when you don't have…”

“From Facebook's perspective, AI's all upside, so of course they're gonna invest what they need to do to win, but it's costing him a lot of money, and by extension, it's costing everyone else in the ecosystem a lot of money.”

“I think five or six years from now, we're going to start to see real sort of erosion in the space because what they're delivering is going to be so good.”

“I think that there is going to be an extreme premium, but on the humans that are able to sustain because of what they represent uniquely.”

“The optimistic take on that is I think that there is going to be an extreme premium, but on the humans that are able to sustain because of what they represent uniquely.”

“The way in which Google seems to have flipped the switch in terms of going all in on AI along with Meta's spending on AI talent really does Strongly suggest that AI, in the end, is a sustaining technology that favors the incumbents most of all. Both see a line…”

“They don't, they put the questions out and anyone can go and try and do them, but to actually be awarded a goal for an AI, they said it has to be an open source model.”

“And so all of these things take time to roll out, and that's why we're kind of in this, like, slow takeoff scenario, it feels like.”

“I would say I have a really strong conviction that in the next few years, you'll be able to one shot a design tool.”

“I think my first POV on AI right now is that I think we don't talk about AI and prompting as entertainment enough. And what I mean by that is not like its ability to produce entertainment, but the fact that it is entertaining to chat with an LLM.”

“He's solving the most important problem for that company, which is not the application layer in artificial intelligence, it's the supply chain. And keeping the flows, flow of iPhones.”

“I do think as some customers crack these agentic products that look and Monetize more like labor. AI revenue could actually exceed the quality of SAS revenue just because you're getting so much more gross profit per customer or like customer relationship than …”

“That will be the, like what we say about ads in AI, it will be more like commissions for agentic checkout, at least to start.”

“Particularly because AI is not smart. Right. AI is just statistical right now. And I'm of the mindset that that's not going to change for a long time.”

“I'll tell you, I'll make a bet that it's over way overblown. It was somebody who was already psychotic and you know, whatever.”

“It's like, we get a bubble, we get a crash, and then we get a fast takeoff. That's the most likely.”

“The real move is that I don't think we're in the trough of disillusionment yet.”

“I think the brands are going to become more important, right? I mean, I basically think that, like, all kind of economic theory assumes that people have access to perfect information. And I think the internet took us a step closer to that, and AI is going to t…”

“AI is gonna push things to be more in between there, so you'll have, maybe you're still watching that movie, but now you can, like, Say something a few times throughout the course of it, and it changes what happens as the movie plays out.”

“You know, stuff that is technically written or drawn or filmed by a human, but is completely derivative and much less original than what an AI has generated, and I think that will be what people really care about long term.”

“What I expect will mostly happen in the future, which is Tool assisted human driven generation. I don't think you care that much if the content is great.”

“There's an AI first, almost a voice first version that I'm expecting.”

“The future of Hollywood, the entertainment industry, the music industry is going to be largely AI generated or assisted. The appointment television, aside from live, you know, breaking tech and business news sport is like guaranteed. And the celebrity of being…”

“Frankly, you know, probably 10% of humanity will fall in some way in, in love with, or in obsession with some kind of an AI in the same way we lost people to MMORPGs or what have you.”

“AI doesn't have a soul. It's not that human connectivity. It's not, you know, at our depth, AI is not born. It's, you know, AI is made. So, you know, we, there's a humanity that still needs to be nurtured and governed and developed and grown. People want to bu…”

“It's definitely gonna benefit the few that are invested in the industry, but there's gonna be a lot of people that are not gonna benefit from artificial intelligence, so.”

“At some point, the computers are going after the humans, and I don't think it's that far away.”

“I don't think AI is going to change how we go on vacation, the physical aspect of it that much. It might change how we book it, how we connect”

“I think there's a lot of, it feels a bit like doing physics kind of. It's like you do a lot of approximations. You don't, you can't get anything exactly right because markets are basically a, there's a lot of randomness, right? There's more noise than there is…”

“In self-driving they have like level five full autonomy, like totally self-driving human out of the loop, but a lot of the commercial value gets created at like the level one, level two, like, all right, let's give people a working search box. Let's actually g…”

“Our health will be run on our behalf. So right now we have to chase down all our food, we have to chase down protocols, we have to chase down evidence, but it's not going to be that in the future. It will be that it will just be run for us.”

“Public money, backstops, bailouts seem like the natural endpoint of how AI is discussed at these levels.”

“But a backstop of loans, I would expect that to happen.”

“And the agreement that we are signing today and tomorrow, we're going to announce that we are going to increase that, that's six hundred billion to almost one trillion dollars.”

“But AI and humanoid robots will actually eliminate poverty.”

“Traditional boring companies like C.H. Robinson are pointing to AI and agentic workflows as making them more efficient.”

“It just shows how worthless a lot of ideas are and how important execution is. Some ideas are priceless, right? It's like you want to execute on the right ideas, but oftentimes to find the right ideas, you got to try a bunch of stuff. And so AI is at the point…”

“I actually don't think it's very likely that it can, it's going to be able to write anything meaningful, or, and in particular, That it's going to be making movies like from whole cloth, like Tilly Norwood, like that's bullshit. I don't think that's going to h…”

“The lowest cost place to put AI will be space. And that'll be true within two years. Maybe three. Three at the latest.”

“Opening eye chair, Brad Taylor, says AI is quote, probably a bubble, expects a corruption in the coming years.”

“You have to imagine that even if you want to use a more traditional process and go through the traditional Hollywood pipeline, showing up to a pitch meeting at an agency With a pretty much polished AI version of your film is going to resonate in a way that a s…”

“The implication that no chart in AI lasts more than a few years is right. And like this one kind of, you know, we'll see how much longer it's really useful.”

“There's this notion that the tool in the software industry is in decline. And we've replaced by AI. You could tell because there's a whole bunch of software companies whose stock prices are under a lot of pressure because somehow AI is going to replace them. I…”

“Now it feels like the agencies have to actually make a V one, an AI V one of the ad and say like, here's our five concepts. If you hire us, we'll like narrow in and actually make it hire, hire actors, maybe not use entirely AI.”

“In a fast takeoff scenario, you would imagine that France actually getting serious about AI is getting their national champions of all types. France LVMH, even the brands, it's, wasn't Christian Dior actually owned by a big, like, infrastructure company back i…”

“Macron posted on Thursday at 11 53 a.m. Pacific that science has found its home. Through France, 2030, we have invested more than thirty million to advance AI and a number of other initiatives.”

“So the only way that reverses Scott is those companies have to accelerate their core revenues and show that they are beneficiaries of AI.”

“If AI commoditizes software, what's actually safe? Regulated, liability-bearing businesses. Someone has to be on the hook. Anything touching the physical world. Hardware, manufacturing, energy. That's a kind of Tesla narrative.”

“Proprietary data sets. AI makes your data more valuable, not less. Marketplaces and businesses with network effects. Operationally intense businesses, the bad businesses become the best ones, and cybersecurity and physical security. More AI equals more attacks…”

“I almost prefer AI is holding up the stock market, but healthcare is holding up the economy because that's where we're seeing job gains and that's where like, The real economy. Like, there's always this disconnect between what's happening in the markets that's…”

“Even just in terms of how much energy we're using on AI that we have, the power that we generate on earth, we're less than one percent.”

“Our primary hypothesis is as this evolves, the major shift is humans are going to want life. Like, you know, if AI takes our jobs and they take what we do and we want to find new identity, there's going to be a major shift towards don't die. And it's going to …”

“We are going to deliver autonomous health. And so like there's self-driving cars, there's self-writing software. This is autonomous health. So we're building AI that just says do this.”

“This is a disruptive innovation, this is not a sustaining innovation like mobile or cloud. The AI version of, you know, X, Y, or Z SaaS company will not be like the mobile version of that SaaS company.”

“I do think we're starting to see a bifurcation in the sloppable companies and the unsloppable companies. There should be some Divergence between companies that have figured out how to integrate with AI, how to retool their business model, or just show that the…”

“The companies that used to spend the most on freelancers shifted to AI the fastest, 97% savings for the businesses that spent the most on freelance.”

“I do think we're starting to see a bifurcation in the sloppable companies and the unsloppable companies. There should be some divergence between companies that have figured out how to integrate with AI, how to retool their business model, or just show that the…”

“Like, I think even if we do see a boom in cancer drugs, and we hear testimonies from scientists that, oh yeah, like, AI definitely, like, sped me up, like, the ticker tape parade is gonna happen for the scientists. Like, we know Jennifer Duden is named for dis…”

“It may be for you, but it's not going to be enough to sit on the sidelines and make the moral plea that no, this is wrong. It's not gonna last. There's too much money to be made, and there's, it's too productive.”

“The backlash can have an actual impact. So you should not just write it off and be like, well, obviously AI is going to happen. So this is, you know, it's inevitable. It's like, no, these, like we live in a democracy. Like if they vote, no more data centers. L…”

“And so I think those businesses are likely going to be in a lot of trouble over the medium term, but they probably will have a big bump from people really putting that AI into their organizations first, and so it's a bit of a tricky timeline there.”

“And maybe that's possible, but I have a feeling that it's just like, it's not a year away. It's not Two years away. It's a little bit farther, still on the 10 year camp, still on the Kurzweil timelines.”

“And maybe that's possible, but I have a feeling that it's just like, it's not a year away, it's not two years away, it's a little bit farther, still on the ten-year camp, still on the Kurzweil timelines”

“I don't remember one. I mean, if you take the mobile wave or the PC wave or the, Client server or SaaS. I don't remember any of those kind of being thrown at the public consciousness this fast, and so I do think it's different this time on, from that front alo…”

“AI is going to get blamed. Even if there's an, even if like tariffs drive high unemployment, like if people lose their jobs, like AI is going to be a scapegoat and it's going to be used both by executives.”

“I think that the AI adoption will be very steep and very dramatic, but I just think it's important to recognize that like, this is a paper that people will be citing. This is a paper that will shape policy.”

“So again, it doesn't really matter whether or not a company is actually getting tremendous efficiency from AI. Every CEO is going to do this.”

“The goal isn't to, fine, we just won't use Anthropic. I do think the goal is to hurt Anthropic. And you're, if you're not going to be subservient to us, you're not going to be allowed to build a power base, period.”

“If AI is what it is, The people with guns are going to want to have a say. Whether that be domestically, whether that be internationally, that might be in the context of the U.S. Government just taking it, trying to kill your company because they feel you're n…”

“Mobile AI is, is broader and bigger already than mobile.”

“There are two that everybody's worried about like their future, but there are basically two ways to know you have a future. One, you have some vocational training. So it's like, or two, you're neurodivergent.”

“Capital becomes a strategic weapon, which means you must be the best at getting capital in order to win. And we realized that early on in the Uber days, of course, that's happening times 10 in the sort of, let's call the digital AI wars.”

“It's like one shotting on software. Do you have one shotting on designing a machine or a robot? We're just not there yet.”

“Instead of requiring multiple experts, a motivated individual was able to assemble the workflow with AI acting as a kind of guide through the technical landscape.”

“I also think as a modality, peptides are one that are more interesting than before, now that injecting is normal. Now the wellness and optimization is normal, not just treating disease, and now that we have AI for things like computational discovery.”

“But that takes a lot of time, and you sort of have to rewrite a bunch of the software, and that's something where, ah, AI should be able to pull that forward or make it even easier to launch everywhere on day one.”

“In general, I think the story is pushing over-aggressive marketing tactics to the limit more than AI allowing low headcount scaling”

“Yeah, in general, I think the story is pushing over-aggressive marketing tactics to the limit more than AI allowing low headcount scaling.”

“The difference to me with this specific cycle is everybody agrees it's going to happen and it's happening quicker and the stakes are higher than any other. So I think every board is ultra motivated. Every founder is focused on this.”

“Jack came out and just said, no, I'm pivoting the entire infrastructure of this company for an AI era. We think you're going to need to be remote. Because you're going to move faster if you're remote, and so he's kind of laid out a whole vision about how he wa…”

“And I think what we're learning as a society is the cost of not having broad participation is incredibly high. And we'll be. Right. If you have a whole generation of young people that don't own their house and have student debt and don't feel like they're econ…”

“I think AI is gonna use crypto for payments, for transactions. They're not gonna use, no, they cannot KYC through a bank. They cannot do they cannot do a selfie. They don't have a passport, et cetera.”

“I would say at this point, we're still like 99% plus like human generated Whether it's like in a editing file or whether it's actual humans creating UGC or working with influencers who are creating content. We haven't moved, I would say into like AI being the …”

“Extreme AI, I think, is creating extreme analog. I really do think it's a barbell. I think in the next 10 years, obviously it's 2036, but I feel like it's gonna feel like 20 50, which actually is bringing the rise of 1950.”

“We're literally within a half decade not believing a single video, not a single fucking video that's on the internet. Like, in five years, if we're having this video, this interview right now, Most of the audience is trying to figure out if we're real or not.”

“This is, by the way, one of the reasons we're not gonna see unlimited television commercials and social media content that's just pure AI from the biggest companies in the world is every time they try to go there, you probably have touched on your show, McDona…”

“As Benjamin Todd put it, it's hard to think of a more AI exposed job than Filipino call centers, but oddly, in 20, 25, employment was up four percent”

“Maybe the chips are the refined uranium more than the actual weights, and the weights are merely one piece of the puzzle.”

“On the other hand scaring people with things like saying nonsensical things, which are not gonna happen, that this is an existential threat to humanity. There's 20% chance that is existential. That's ridiculous. That it's gonna wipe out 50% of new college grad…”

“I think AI is gonna create, like, the equivalent of an AI founder mode, which is now you gotta be even more hands-on, and I don't think in the era of AI there should be any pure people managers, because you're so close To the details, to the data, that everyon…”

“I'm really worried that an entire generation of designers, artists, and creative people are going to decide to kind of sit out AI, and I think it's the biggest opportunity for creative people in my lifetime.”

“I think if designers sit out, what you're going to see is engineers and product managers designing for them.”

“It's helped us with customer service, the cost per customer service tickets down 10%, 40% people who contacted me, the AI solves the problem for them”

“I actually think the guest app would be pretty easy to copy, and I think in the age of AI, you can make a better app than ours, and we want to make that app before anyone else does, and we want to be agentic, but I think the key is most of Airbnb is not the ap…”

“60% of our code is now written by AI, which is twice our, a benchmark of our competitors and peers, and it's really, really helping us.”

“These teams that were 10 or 12 people became three or four people, and they moved at three times the speed.”

“We just, you know, last month made big changes in that org, really centered around how we use AI at the core of, not our content, but how we develop technology and products. So, you know, the result of that is there were whole departments that we no longer nee…”

“So I think you're going to see a lot of companies who actually sincerely believe in this possibility, realize that we have to enlist our employees in it. It's essential for our business. We're going out of business. If we don't do it, we need to be allies with…”

“The cost per task completed by AI will decrease very quickly. So even if you're spending half a billion per month on AI or tokens today the same output will be available next year, maybe for a 10th of the cost, maybe next year, it's half the cost.”

“AI's vast consumption of cash is beyond even the capability of private markets, however.”

“If it turns out there is a limit, Alphabet can only benefit by going first.”

“With 61% of all venture capital last year going to AI.”

“Like if you run around saying AI allowed you to fire two thirds of your workforce and you did it because maybe your competitors kicking your ass. That could, that is a really like, you might as well just go sign up for Bernie Sanders manifest.”

“All these things can be scaled in a very valuable but largely going to commodify way, but you can't scale the taste of, like, what is the business problem you want to have to solve and need to solve?”

“I think a lot of companies are doing this wrong, where they're saying, like, we're not gonna bet on, on, on the new people coming out of school, because, you know, AI is gonna replace them. I mean, these kids know how to use AI better than anyone else, so we'r…”

“The app store as a moat has, is, is being diminished by AI.”

“Two paths to curiosity, one that can kill it and one that can supercharge it. In my opinion, the one that kills curiosity is algorithmic feeds. Like, the brain rot that you're fed every day, which is, you know, this continuous doom scrolling, that's bad. And t…”

“Revenue per headcount on service based businesses should decrease, which means margin should go up. Now there's this great opportunity window right now where prices aren't really going to adjust for a minute, which means that your margins get absolutely stupid…”

“We have, Several hundred landing pages that are getting pushed against several hundred different ad ads that are going out all being done programmatically with AI, which is really like, we're not a, we're not an AI company. But we use the shit out of it.”

“Those guys are all completely the ones who are crushing it, going to zero to a hundred million plus in call it like 12 to 24 months. Like all the companies that are running the same playbook is decentralized. UGC with kind of like AI backend for screening for …”

“GTA six is like the last great game. Like you think about everything. It was mostly all made pre AI. Like it is the pinnacle of this triple a craftsmanship years and years and years of blood and sweat and tears to the extent where you have like the Twitter ana…”

“There's a lot of things you can make now that never would have made sense. Make because they would have taken you four days and it was good for like a small laugh. Now you can do it in four minutes.”

“The unemployment rate for 18 to 24 year olds, it's back to where it was before we had good large language models. So AI is not destroying that market.”

“And for all this talk of the leisure dividend from AI, right now we're still in a setting where most people have to work some amount harder. That will change. But it's not about to change.”

“I think the young people are more playful with it. They take more chances. In the aggregate, they might even do worse. But in terms of coming up with the new things that really matter, I think they're going to win.”

“I think it'll be more like sects than new religions. So you could write your own version of Hindu sacred books or your own version of Shiite Islam with your own, you know, slate of who the true Imams are or should be. And we're just going to see proliferation.…”

“You go back to 1995 through 1998, we got half a percentage point of extra growth out of those advances. They, to me, seem less impressive than AI, so I think over time, with some slowness, we'll get that and maybe a bit more, which is great.”

“I think in this particular case, the artist and the labels are aligned.”

“What AI can't do is grow up in a terrible home. A.I. Can't have a broken heart.”

“And I think that's going to happen in music. I think the music companies, Are going to be more involved, and AI is the opening to do it. AI is the road to, that doesn't mean Spotify is not, but Spotify is going to have the morph as well.”

“And then the great talent and the great artists are gonna show the world how to use it.”

“A lot of producers are using AI right now, and it's really helping them. I mean, they, what they do is they even copy the AI, you know, the idea. What's gonna, it'll break a log, it breaks a log jam in your head.”

“Add it all up, and the economist estimates that AI so far has created around one million new jobs in America that easily exceeds the roughly 200,000 layoffs attributed to AI since mid-twenty-twenty-three.”

“Proving this, ah, this, these equations is unlikely to actually have any measurable impact, and that's sort of agreed upon, and physicists have sort of chimed in with this take that, ah, this doesn't, this won't actually move the discipline of engineering forw…”

“Knowing nothing else, this should be your prior, because this is how productivity in competitive markets almost always works. A new technology comes out, it supports investment, it enhances productivity, everyone hires to go after all the different, ah, battle…”

“We mapped that there's something like 17,000 monthly AI related job losses, but that that's less than one percent of the 1.7 million jobs that are lost every month.”

“I don't think we're at a point where that poses a risk. It's the next model. It's the model with its own volition, basically.”

“This doesn't seem like a doom based bet. This seems like this bet also pays out in just like the good ending and like AI. Is real and delivers value. So your AI bets perform well, the market performs well, and money slides from US debt to data centers and AI b…”