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Brad Gerstner

๐Ÿ‘ค Speaker
1646 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I'll get to you on this one, Brad, because he took offense to the $13 billion revenue number and disputed that.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

So we'll see if there's some clarity there.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

But Sachs, you came over the top and tweeted that there will be

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

No federal bailout.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

There's plenty of people available to pick up the mantle if OpenAI needed a bailout.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

You've got five major frontier model companies, Grok, Claude, Gemini, plenty of them.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

So, Sachs, you came in, daddy's home, and you settled it.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Daddy came home.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Everybody has to sit down in the kitchen and explain what's going on.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Take us through how you think about this as our czar of AI.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Build out, not bail out.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Now, there was a little bit of sort of reading the tea leaves.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

There have been times when loans were given to incentivize an industry.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

So I just want to be clear with you.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

There's no discussions of like Solyndra,

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

You know, type loans.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

And why would it be if there's so many people trying to pour capital into this, Brad, and there's so many people trying to buy your shares in a company making $13 billion that's currently valued at $500 billion, which I think is like a 30 to 40 price to sales ratio.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

I mean, this company is fully valued and people are still trying to buy the shares.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

So Brad, wrap us up here.

All-In with Chamath, Jason, Sacks & Friedberg
Does OpenAI Need a Bailout? Mamdani Wins, Socialism Rising, Filibuster Nuclear Option

Yeah.