Ellis Rovin

MARK MIRCHANDANI, Where, OK, if you believe in this future, like you really think that there's a world where this future product knows enough about you and has enough training data that it can actually be useful.

then you have to launch a version of it before it's ready, before it has enough data, and before it's even good at anything to have early adopters start to help you make it better and train it.

And then by version 3, 4, 5, it could get there.

But the only way you could get there is if you start now with this probably inferior product.

So we're going to get maybe an open AI smartphone in 2027 that probably has a way worse camera than the iPhone and a way worse app store than the iPhone and a way worse bunch of other things than the iPhone.

But it'll do the beginnings of this cool thing well.

And people who are believers in that five years down the road mission, they're going to get one and sign up for all the stuff and beta tests and they're off to the races.

Yeah.

I think OpenAI is putting a lot of eggs in a basket.

They need money so bad.

And I think they're looking at Apple and being like the amount of money Apple makes on the iPhone is so astronomical that this could solve all of our problems and all of our commitments that we've made for trillions of dollars.

And I just, I think they're just... But what's the operating system on it?

Well, this is the question.

Does it run Android or are they going to create a bespoke operating system?

That's the other question.

I just feel like OpenAI is a complete nonsense company at this point.

We're burning through cash at a record rate.

We need cash flow.

Let's start a hardware stack in something that we have no experience.

That doesn't make any business sense whatsoever.