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Chamath Palihapitiya

๐Ÿ‘ค Speaker
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22202 total appearances
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Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

A lot of it's focused on how do you actually use technology to fight against the speeds of development of countries like China, for example, in terms of manufacturing speeds.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And a big part of that is actually understanding the quality and the welds, putting together the actual welds, put pieces together.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

This is actually a huge bottleneck for the US.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

We have these manufacturing and forges that are 100 years old doing things 100 year old today that they did back then.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

The technology that we're using to deploy to help manufacture certain components of a submarine or be able to help expedite how fast a destroyer is and turn around to get it out and patrolling borders and deterring conflict.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

These are sort of the things that our robots are using to help to speed up decision making process and make sure you're accurate.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And so in some cases, Admiral Houston has talked about 90% improvements to speed up manufacturing using the technology that Gecko builds.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And you're seeing companies like Anduril now working with us.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

He might drop a bomb any minute.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Yeah, I think he's doing a speech pretty soon.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

And so it's just amazing to see the adoption.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

But on the energy side, right?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

That's been the biggest growth areas for our company.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

It's just been these large energy companies and power companies.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

They're trying to figure out, okay, all of these...

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

all these hyperscalers are trying to figure out how to get infrastructure.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

They're focusing on CapEx a lot, right?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

Well, what if we started to play a game where, you know, we have access to these problems, to these really, you know, these GDP driver companies.

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

What if we actually took an AI native, or in our case, what we've seen a lot of companies be is like, how do you robot native first?

All-In with Chamath, Jason, Sacks & Friedberg
Coinbase CEO Brian Armstrong Breaks Down the Three Biggest Trends in Crypto + More from Davos!

to support the AI initiatives by injecting and taking a very aggressive approach in how to implement and put robotics to use to help build up the data infrastructure to then layer on AI models.