Dario Amadei

But I don't think there's an awareness at all of what is coming here and the magnitude of it.

Software names getting hit again today after the sell-off yesterday amid these fears of AI disrupting the industry.

I've called where we're going with this a country of geniuses and a data center, right?

So imagine 100 million people smarter than any Nobel Prize winner, and it's going to be under the control of one country or another.

So I think this is crazy.

I think it's a bit like, I don't know, like selling nuclear weapons to North Korea at

I've called where we're going with this a country of geniuses and a data center, right?

So imagine 100 million people smarter than any Nobel Prize winner, and it's going to be under the control of one country or another.

So I think this is crazy.

I think it's a bit like, I don't know, like selling nuclear weapons to North

If we all work at it, then within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of creators and developers.

You certainly ask interesting questions.

A really modest amount here.

I mean, look, it is an order of magnitude different than the $1.4 trillion that OpenAI is committing.

And while Dario did not say OpenAI by name, it was hard not to feel that that was the target of his criticism.

I think the point that he was trying to make at a higher level was every AI company right now is taking on a certain amount of risk and embracing a certain amount of uncertainty.

They're trying to anticipate what their data center infrastructure needs might be two, three, four years down the road based on what they're seeing today, because it takes a long time to build this stuff.

Dario is claiming we are making a measured, though still costly, bet at $50, $60 billion.

Other firms are just going off the rails and spending a trillion dollars or more committing to do so.

There's a real problem there.