Alex Rampell

And you kind of want the market to be a tailwind for you.

It doesn't mean that there's not value in kind of creating big companies that sell big startups that sell big software products to big companies.

You can do that.

It's a much, much harder thing culturally for Silicon Valley, I think.

It's a really good question.

I mean, this is where behind every technology revolution and kind of go back to like Silicon, then the personal computer, then the internet, then kind of internet 2.0, where you could write to the internet, things like Facebook and YouTube, then mobile, then cloud.

There's always been an infrastructure layer and an application layer.

So, you know, you go back, like the infrastructure layer for PCs was, I don't know, like Microsoft and Apple, like the operating system players.

The infrastructure player for the internet was like Cisco and Akamai.

The infrastructure player for everything AI are all of these backend model, you know, providers.

And then there's the application layer on top.

So if I do something, you know, we were talking about Ask Leo, right?

Like that's an application layer company.

If I were Vlad, I would love to be promiscuous with all the backend models because I should be.

And then the infrastructure players are like, oh shit, you know, all of our customers are being promiscuous.

Let's figure out how we specialize in a particular area.

I imagine that like, that's why Anthropic, I imagine, has gotten very good at coding.

But it's kind of the application layer tends to be a little bit stickier.

But the problem is you might have 9,000 competing companies at the application layer, in which case you'd rather be the infrastructure layer.

But the infrastructure layer is pretty hotly competed as well right now.