David Sacks

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.

You may have seen the figure robot sorting packages.

All those sorting jobs at Amazon factories are going away.

Amazon themselves, these are the savviest people in the world said, we are gonna eliminate 600,000 future positions

And we are going to cut positions.

And Andy Jassy said, this is going to be a reoccurring theme.

As we deploy AI, we will do more with less.

You will see the headcount at all these big companies dramatically decrease or stay the same as earnings massively increase.

And you can take the position sacks that, oh my God, the numbers are in my favor.

They're not.

The numbers are in my favor.