David Sacks

Also, coding seems to be the basis for these other product extensions.

So like you said, they went from Cloud Code to Cloud Cowork.

The idea being that, well, if you can generate code, you can also generate PowerPoints or spreadsheets.

And you do that by generating the code to create that output.

So that was the first extension.

Now they are extending it to agents.

This computer use product is kind of like an open claw knockoff.

So it looks like the generational run for Mac mini is just about over.

Look, I think they're firing on all cylinders.

My issues with them in the past were related to what I have called the regulatory capture strategy.

They do want a permissioning regime in Washington for chips and models, meaning you have to go to Washington to get permission to release new models or to

sell GPUs anywhere in the world.

I think that's excessively heavy-handed.

Their motives for doing that may be pure.

It may not be regulatory capture.

It may be ideologically motivated.

Regardless, I do think it is a form of regulatory capture because it plays into the hands of the big companies and creates moats that new entrants will not be able to overcome.

I have, let's say,

philosophical objection to that part of it.

But again, I'm not a detractor of their products by any means.