Alex Kretzschmar

But these industrial revolutions and the AI revolution is one of those because it's a tooling thing as opposed to, say, 2008, which was a made-up financial banking bubble, whatever.

There was nothing material there.

you know, moving humanity forward there.

So say what you like about AI, but it's here to stay, I think.

And the big players like OpenAI, Anthropic, Google, of course, they'll be here to stay because every other startup is building their tooling on those big guys' models.

They're not doing the R&D spend to train their own models.

They're just using Anthropic models for an API key behind the scenes.

So I think the big guys will be okay.

But it's, yeah, it's the circle of money that has me concerned.

Like OpenAI giving NVIDIA money, NVIDIA investing back in OpenAI and so on.

Right.

That's worrying.

Yeah.

I mean, if I'm stuck trying to explain something, I might, instead of where I'd have reached for a Google search a year ago, I'd probably reach for a chat now instead with a, a Claude or a chat GPT, whatever.

But yeah,

It's just replaced Google entirely for me.

Whether that remains once the adverts start getting dropped, we'll see.

If they aren't now, that is certainly a business model they will deploy in the future.

When the speculative bubble does whatever it does, they haven't turned on ads yet.

They haven't turned on X-rated stuff yet.