David Sacks

That's a terrible drug.

Do not use ketamine, folks.

Bill Gurley, you have the floor.

Yeah, the paradigm will shift.

To give you actually my position, which is always... Would you like me to give my position or just want to jump on?

Yeah, I do, but I never got to finish that point, but I can do it after you.

Yeah, so I will give my position on this, which is, and it's always been the same, which is there's going to be a massive job displacement that occurs.

And that massive job displacement is going to come because CEOs...

in many cases believe that this technology is gonna make people more efficient, they can do more with less, and they will be rewarded by the public market by just having higher earnings.

And we see that for every single company.

Now, I fully concur, it was because of bloating, and I gave my position there, I know specifically

that Sergey and Larry took that strategy of taking talent off the market so there wasn't a Google competitor.

That was literally explained to me by those individuals.

We hire people and then we figure out what to do with them later.

That strategy just became the standard in Silicon Valley and now it's being reversed.

Now, there will be wholesale jobs that will be retired.

If you look at self-driving, that's obviously happening with Waymo with 3000 vehicles, and there'll be many more on the roads.

That job will be eliminated.

We will be sitting here in but five, 10 years, and the idea of somebody driving a taxi is gonna seem silly and dangerous.

We will see the same exact thing happen with Optimus.