Dwarkesh Patel

You have to.

Will it be like that with AI or is there...

So just to make sure I understand, the idea here is,

Each country will want some kind of data residency, privacy, et cetera.

And Microsoft is especially privileged here because you have relationships with these countries, you have expertise in setting up these kinds of sovereign data centers, and therefore Microsoft is uniquely fit for a world with

more sovereignty requirements?

And just to add to the question, one concern is, look, we're talking about how AI is becoming this sort of industrial CapEx race where you're just rapidly having to build quickly across all those supply chain.

When you hear that, at least up until now, you just think about China, right?

This is like their comparative advantage.

And especially if we're not gonna moonshot to ASI next year, but it's gonna be this decades of build outs and infrastructure and so forth.

How do you deal with Chinese competition?

Are they privileged in that world?

I think that's a good note to end on.

Satya, thank you for doing this.

Thank you so much.

Thank you.

It's awesome.

It's like, man, you two guys are quite the team.

If you're interested in sponsoring the podcast, you can reach out at thwarkesh.com slash advertise.

Otherwise, I'll see you on the next one.