David Sacks

Well, I think for a while now, there has been a question of which layer of the stack is going to capture all the value.

Well, I think for a while now, there has been a question of which layer of the stack is going to capture all the value.

So is it going to be the model companies or could it be the applications that are built on top of the models or?

So is it going to be the model companies or could it be the applications that are built on top of the models or?

You know, if there's a lot of competition at both those layers of the stack, do the chip companies get it all?

You know, if there's a lot of competition at both those layers of the stack, do the chip companies get it all?

I think it's an unclear question.

I think it's an unclear question.

Totally unclear.

Totally unclear.

Yeah, I think, you know, for any given vertical application, you do have to defend why you think your value prop will be sustainable as the underlying foundation models just get better themselves.

Yeah, I think, you know, for any given vertical application, you do have to defend why you think your value prop will be sustainable as the underlying foundation models just get better themselves.

Just on this point of...

Just on this point of...

A lot of these debates about AI are dueling science fiction narratives.

A lot of these debates about AI are dueling science fiction narratives.

I just think that the Doomer narratives are inherently more appealing to people.

I just think that the Doomer narratives are inherently more appealing to people.

I mean, I think it's partly just, you look at most sci-fi movies, they're dystopian, not utopian.

I mean, I think it's partly just, you look at most sci-fi movies, they're dystopian, not utopian.