Derek Thompson

MARK MIRCHANDANI- Right, they're predicting the fast growth of Waymo because they're fans of Waymo. AI is one of the only industries I know where many of the people predicting its fastest rates of growth are also terrified by the fastest rates of growth. And so I think it's important to remember that because this industry is just not like other industries. It's not just Sam Altman.

MARK MIRCHANDANI- Right, they're predicting the fast growth of Waymo because they're fans of Waymo. AI is one of the only industries I know where many of the people predicting its fastest rates of growth are also terrified by the fastest rates of growth. And so I think it's important to remember that because this industry is just not like other industries. It's not just Sam Altman.

MARK MIRCHANDANI- Right, they're predicting the fast growth of Waymo because they're fans of Waymo. AI is one of the only industries I know where many of the people predicting its fastest rates of growth are also terrified by the fastest rates of growth. And so I think it's important to remember that because this industry is just not like other industries. It's not just Sam Altman.

It's not just spin artists that are saying that the growth is happening rapidly. It's just obvious. Well, look, you look at how much companies like Google or Meta is spending on AI infrastructure. It's not like $1 or $2 billion a year. It's on the order of $60 to $70 billion a year per company. Hundreds of billions of dollars every single year are being plowed into this technology.

It's not just spin artists that are saying that the growth is happening rapidly. It's just obvious. Well, look, you look at how much companies like Google or Meta is spending on AI infrastructure. It's not like $1 or $2 billion a year. It's on the order of $60 to $70 billion a year per company. Hundreds of billions of dollars every single year are being plowed into this technology.

It's not just spin artists that are saying that the growth is happening rapidly. It's just obvious. Well, look, you look at how much companies like Google or Meta is spending on AI infrastructure. It's not like $1 or $2 billion a year. It's on the order of $60 to $70 billion a year per company. Hundreds of billions of dollars every single year are being plowed into this technology.

They're not doing it for kicks. We're talking about Apollo program style investments in a technology that each of these companies think is going to help make them a multi-trillion dollar company. In many cases, they are, I suppose, multi-trillion dollar companies. So let's say, you know, deca-trillion dollar companies. Here's one thought I have about AI.

They're not doing it for kicks. We're talking about Apollo program style investments in a technology that each of these companies think is going to help make them a multi-trillion dollar company. In many cases, they are, I suppose, multi-trillion dollar companies. So let's say, you know, deca-trillion dollar companies. Here's one thought I have about AI.

They're not doing it for kicks. We're talking about Apollo program style investments in a technology that each of these companies think is going to help make them a multi-trillion dollar company. In many cases, they are, I suppose, multi-trillion dollar companies. So let's say, you know, deca-trillion dollar companies. Here's one thought I have about AI.

I think that with every technology, there's a lag between what the technology can do and its actual use and its effect on the macroeconomy. That's one of the reasons, Tim, why I was saying I'm really interested in identifying what's the economic indicator that's going to tell us we've hit an inflection point. I think it's recent college grad unemployment because I am...

I think that with every technology, there's a lag between what the technology can do and its actual use and its effect on the macroeconomy. That's one of the reasons, Tim, why I was saying I'm really interested in identifying what's the economic indicator that's going to tell us we've hit an inflection point. I think it's recent college grad unemployment because I am...

I think that with every technology, there's a lag between what the technology can do and its actual use and its effect on the macroeconomy. That's one of the reasons, Tim, why I was saying I'm really interested in identifying what's the economic indicator that's going to tell us we've hit an inflection point. I think it's recent college grad unemployment because I am...

concerned that these tools, generative AI, ChatGPT, Claude, are just really, really good at the stuff that we ask of 23-year-old graduates of Georgetown. But in the long run, I think this story could get very, very weird.

concerned that these tools, generative AI, ChatGPT, Claude, are just really, really good at the stuff that we ask of 23-year-old graduates of Georgetown. But in the long run, I think this story could get very, very weird.

concerned that these tools, generative AI, ChatGPT, Claude, are just really, really good at the stuff that we ask of 23-year-old graduates of Georgetown. But in the long run, I think this story could get very, very weird.

It won't lead to a healthy society, but I do think it's going to happen. So let me give you two long-term predictions in very different categories. One sort of in changes to social life and the other in geopolitics. Changes to social life. There are companies like Character AI that already have tens of millions of users who are just chatting to an AI bot all day long.

It won't lead to a healthy society, but I do think it's going to happen. So let me give you two long-term predictions in very different categories. One sort of in changes to social life and the other in geopolitics. Changes to social life. There are companies like Character AI that already have tens of millions of users who are just chatting to an AI bot all day long.

It won't lead to a healthy society, but I do think it's going to happen. So let me give you two long-term predictions in very different categories. One sort of in changes to social life and the other in geopolitics. Changes to social life. There are companies like Character AI that already have tens of millions of users who are just chatting to an AI bot all day long.

Your face is being held depressingly in your hands. Internally, I want you to know that I am also holding my face depressingly in my hands. I think this is not only pathetic in a small way, but also sad in a very profound way. Anti-human. I don't know. Anti-human, anti-social. I actually care about humans.

Your face is being held depressingly in your hands. Internally, I want you to know that I am also holding my face depressingly in my hands. I think this is not only pathetic in a small way, but also sad in a very profound way. Anti-human. I don't know. Anti-human, anti-social. I actually care about humans.