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Ed

👤 Person
6290 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

So assuming it is, that would make Perplexity the fourth most valuable AI startup. Ahead of Perplexity, we've got OpenAI at $300 billion. We've got XAI at $80 billion, though, as I've discussed, that number is kind of bullshit, but whatever, we'll ignore that. And we've got Anthropic at $62 billion. Perplexity is number four.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

So assuming it is, that would make Perplexity the fourth most valuable AI startup. Ahead of Perplexity, we've got OpenAI at $300 billion. We've got XAI at $80 billion, though, as I've discussed, that number is kind of bullshit, but whatever, we'll ignore that. And we've got Anthropic at $62 billion. Perplexity is number four.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

Scott, any reactions to this new round, this new financing round from Perplexity?

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

Scott, any reactions to this new round, this new financing round from Perplexity?

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

Scott, any reactions to this new round, this new financing round from Perplexity?

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

I would argue that they already have. I mean, my gut reaction seeing just the $14 billion number was that it actually seemed quite small. I mean, $14 billion for this AI company we keep hearing about, and then I compare that to OpenAI at $300 billion. So OpenAI is 2,000% more valuable than perplexity. My sort of gut reaction was, oh, I wonder if that's small.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

I would argue that they already have. I mean, my gut reaction seeing just the $14 billion number was that it actually seemed quite small. I mean, $14 billion for this AI company we keep hearing about, and then I compare that to OpenAI at $300 billion. So OpenAI is 2,000% more valuable than perplexity. My sort of gut reaction was, oh, I wonder if that's small.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

I would argue that they already have. I mean, my gut reaction seeing just the $14 billion number was that it actually seemed quite small. I mean, $14 billion for this AI company we keep hearing about, and then I compare that to OpenAI at $300 billion. So OpenAI is 2,000% more valuable than perplexity. My sort of gut reaction was, oh, I wonder if that's small.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

And I think the question is, you know, is the valuation accurate? Is the valuation fair when you compare it to just how gigantic OpenAI is? My sense is, yes, it is fair. When you look at the numbers, it's very obvious just how far ahead OpenAI is compared to Perplexity. I mean, Perplexity, they're getting 350 million monthly visits. ChachiBT is getting 14 billion visits.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

And I think the question is, you know, is the valuation accurate? Is the valuation fair when you compare it to just how gigantic OpenAI is? My sense is, yes, it is fair. When you look at the numbers, it's very obvious just how far ahead OpenAI is compared to Perplexity. I mean, Perplexity, they're getting 350 million monthly visits. ChachiBT is getting 14 billion visits.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

And I think the question is, you know, is the valuation accurate? Is the valuation fair when you compare it to just how gigantic OpenAI is? My sense is, yes, it is fair. When you look at the numbers, it's very obvious just how far ahead OpenAI is compared to Perplexity. I mean, Perplexity, they're getting 350 million monthly visits. ChachiBT is getting 14 billion visits.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

You look at the monthly unique visitors, Perplexity is getting 17 million, ChatGPT is getting 374 million. You look at the amount of time that people spend on these sites. For Perplexity, it's about six minutes. For ChatGPT, it's seven. So I think on the surface, it might look... possibly undervalued just when you compare it to OpenAI.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

You look at the monthly unique visitors, Perplexity is getting 17 million, ChatGPT is getting 374 million. You look at the amount of time that people spend on these sites. For Perplexity, it's about six minutes. For ChatGPT, it's seven. So I think on the surface, it might look... possibly undervalued just when you compare it to OpenAI.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

You look at the monthly unique visitors, Perplexity is getting 17 million, ChatGPT is getting 374 million. You look at the amount of time that people spend on these sites. For Perplexity, it's about six minutes. For ChatGPT, it's seven. So I think on the surface, it might look... possibly undervalued just when you compare it to OpenAI.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think it's a reminder again to look at the underlying numbers, which would tell you that, yeah, OpenAI is miles and miles ahead of perplexity. If you were to read the headlines, you'd get the sense that it's a little bit of a race. that it's open AI versus anthropic versus perplexity.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think it's a reminder again to look at the underlying numbers, which would tell you that, yeah, OpenAI is miles and miles ahead of perplexity. If you were to read the headlines, you'd get the sense that it's a little bit of a race. that it's open AI versus anthropic versus perplexity.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think it's a reminder again to look at the underlying numbers, which would tell you that, yeah, OpenAI is miles and miles ahead of perplexity. If you were to read the headlines, you'd get the sense that it's a little bit of a race. that it's open AI versus anthropic versus perplexity.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think what's happening is open AI, as I've said for a long time, I believe they have for years been running away with it. I don't see any real indication that perplexity can catch up. I appreciate your comment that they were early to say this is AI for search, but I think the whole AI game has developed so much since then to the point where everyone now recognizes ChatGPT is taking on Google.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think what's happening is open AI, as I've said for a long time, I believe they have for years been running away with it. I don't see any real indication that perplexity can catch up. I appreciate your comment that they were early to say this is AI for search, but I think the whole AI game has developed so much since then to the point where everyone now recognizes ChatGPT is taking on Google.

Prof G Markets
Why the U.S. Can’t Break Up with China — ft. Alice Han

But I think what's happening is open AI, as I've said for a long time, I believe they have for years been running away with it. I don't see any real indication that perplexity can catch up. I appreciate your comment that they were early to say this is AI for search, but I think the whole AI game has developed so much since then to the point where everyone now recognizes ChatGPT is taking on Google.