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Chamath Palihapitiya

๐Ÿ‘ค Speaker
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23137 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!

Now, along that journey, you're able to figure out that if you centralize all that information and data and then layer on top of that operational data, which exists, you know,

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

for the most part, is a decent infrastructure of sensor data at these companies.

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

Well, wow, you get to make some pretty interesting decisions because you can figure out how to extend the useful life of an asset.

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

And if I push an asset harder, can I produce more?

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

My focus is how do I help to create cleaner as well as more barrels per day and at lower costs.

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

Robots should be dedicated to figuring out how to solve for the business problem, what is the fundamental business problem that the customer is trying to solve for.

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

If it's making a barrel or making a kilowatt or getting a ship out of dry dock faster, that is our initiative and our goal as a company to build robotic solutions towards that.

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

Now, we haven't gotten into building the humanoids or playing the humanoid game.

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

And that's actually, when I was on your podcast, actually the summit, I talked about we're going to be the biggest purchasers of the autonomous robot.

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

It's because the real question is how do you actually employ robots?

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

How do you get robots to return ROI?

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

Because folding laundry and cleaning dishes is not a high ROI use case.

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

It's going to be the companies.

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

That's a $20 an hour use case.

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

You're not going to pay $40,000 or $20,000, whatever it is.

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

But US has to be the best in the world at figuring out how to use robots to make unfair advantages with these companies, whether it's oil and gas, whether it's-

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

A nervous system.

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

Gecko will be that.

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

That's exactly what we offer.

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

The nervous system to pull all this information from robots together.