David Friedberg

So yeah, ultimately these things end up on the iPhone running locally, and you don't need to go to the cloud.

By the way, just having our nation's AI czar on the line here, I think this has a dramatic effect.

If you play all of these paps out,

on the way a lot of these states have written their idiotic legislation, where those legislative approaches encompass strictly the view of AI being a chatbot interface run by a single company, running a model in a data center.

And if all of the models end up running locally on machines, in open source, different contexts, different use cases, all of, like we said from the beginning, all of the bullsh**

idiotic, dumbass takes by legislators on what they think they need to regulate and how go out the window, or they create a lot of confusion on what's actually going on in the real world.

And it puts us at risk.

I strongly endorse the effort by those in the administration to pass a federal AI preemption law that avoids all of this nonsense in the states and the local governments.

And I think that this evolution of AI from being

centrally hosted in data centers by closed models through chatbot interfaces, all of those layers break.

You start to recognize very quickly why you need to have federal preemption on this stuff because people get way too ahead of it and it's going to limit innovation.

That's all the people know.

Yeah, it's all they know.

One way to think about it is imagine if the internet came out and the only thing that happened on the internet for the first three years was like pornography websites and like, just like, and then people are like, okay, we got to regulate the internet.

And it's like, hold on a second.

This is an idiotic use case.

Perhaps we should take a zoom out and think about what the internet could enable and all of the other use cases and legislation needs to be crafted with a bigger view.

And perhaps it's a little too early to make those judgment calls.

Yeah, so people talk about the market going up, but I'll use an analogy.

If you live on an island and there's two huts on the island and there's a bunch of shells that people are using for trade, each house is going to be worth a certain number of shells.