Benedict Evans

You get it.

Like, do you need to read another Malcolm Gladwell book?

Like, you've kind of got the Malcolm Gladwell experience.

So there's this sort of generalized sense of pattern and accumulation of what you've seen, what you've half seen, what you half remember.

There's also, I think, you know, what your viewers, listeners might notice is I kind of have two modes, two or three modes.

I have a mode that's sort of discursive and slightly rambling and free associating and I'll kind of spiral off in different directions and hopefully come back to the point.

And then there's a mode where I want to try and pin the thing down and break it apart and say, what are the two, three, four things that are happening here?

Which is what you see in the slides is no, like, what is it?

It's this and then this and then that.

And as that capture, that's a way of trying to understand what this is.

I try and work out what I think about this, how I understand it, how you can break it apart by kind of pinning it down.

The thing about data is, and the thing about the slides and the analysis is, is like, I'm always asking who cares?

And I'm always asking, yes, but what actually matters here?

Why are you showing me this slide?

Why am I showing you this chart?

And so you kind of have to ask, well, what are the actual questions?

I mean, we're asking, OK, well, there are some people who are saying, oh, all the value capture is going to be in the models.

There's this kind of funny split between people who are just talking about the models getting better and everybody else who's saying, well, all the value is going to be in the application layer.

And, you know, what are the companies?

And let's fund Cursor and let's fund all of this stuff.