David Sacks

Do you think on net there'll be mass job loss?

I think there is a chance that we're going to see job loss increase in the short to midterm, and then eventually...

the displaced people are going to have to learn or leave the workforce, which is what happened during other revolutions like this.

Some people went with the paradigm and adapted, and some people didn't and just retired.

I saw that firsthand in the PC revolution as but one example.

Some lawyers just would never use these tools, and they just retired at 55, 65, and they moved on, and then other attorneys were PC first, and they just took that work.

Makes total sense.

That was like to our earlier point today is that people are doing on-prem and going to make their own models.

Bill, I have one specific question for you.

And thank you for the good engagement there, Sax.

It lacked the ad hominem that usually starts every conversation we have.

I don't usually call you an idiot.

That's because it's in our minds, okay?

Good.

I like it better.

I like it better.

Bill, specific.

Specifically, when Andy Jassy last spring said, hey, we're going to do more with less.

We're going to be AI first.

They said, we're not going to hire these 600,000 jobs.