Chamath Palihapitiya

Oh, wow.

Oh, wow.

Unbelievable star.

Unbelievable star.

And we're going to double click into the entire business model of open AI on stage in front of everybody.

And we're going to double click into the entire business model of open AI on stage in front of everybody.

Before you start.

Before you start.

I think this is really smart.

I think this is really smart.

I think that what the president's doing and what Sachs is doing is really smart.

I think that what the president's doing and what Sachs is doing is really smart.

The thing to keep in mind is that

The thing to keep in mind is that

there's still a risk that prices go up and it has nothing to do with these data centers.

there's still a risk that prices go up and it has nothing to do with these data centers.

And it has everything to do with the business model of being a utility.

And it has everything to do with the business model of being a utility.

Because what happens is in order to get a license, a monopoly license in an area to provide energy, to generate energy for a community, the exchange works in the following way.

Because what happens is in order to get a license, a monopoly license in an area to provide energy, to generate energy for a community, the exchange works in the following way.