Freeberg

No, no, no. CalPERS announced that they're an LP and they're starting to do directs.

No, no, no. CalPERS announced that they're an LP and they're starting to do directs.

Well, what are they going to get paid? Because they also wanted to get paid in Tesla shares.

Well, what are they going to get paid? Because they also wanted to get paid in Tesla shares.

The last company I started, 8090, we incorporated in Nevada, and I just re-domiciled a couple of other companies that I own into Nevada as well.

The last company I started, 8090, we incorporated in Nevada, and I just re-domiciled a couple of other companies that I own into Nevada as well.

I think you nailed it right at the beginning. The thing that I was struck by the most in this is we went from a phase where in the Steve Jobs era, These events were because you were about to unveil a product that was done and shipping as of that day. And then at some point we transitioned to they are talking about products that they intend to release within a year.

I think you nailed it right at the beginning. The thing that I was struck by the most in this is we went from a phase where in the Steve Jobs era, These events were because you were about to unveil a product that was done and shipping as of that day. And then at some point we transitioned to they are talking about products that they intend to release within a year.

Now we've shifted to the part where they're talking about software integrations from a third party that will happen in a year. So if you just look at it sequentially, it's a little disappointing in that sense, because for a company this big, it's really not much of anything. You can't really touch it and feel it.

Now we've shifted to the part where they're talking about software integrations from a third party that will happen in a year. So if you just look at it sequentially, it's a little disappointing in that sense, because for a company this big, it's really not much of anything. You can't really touch it and feel it.

And it's going to take a year before we really know what the totality of all of this is. Meanwhile, The economics of the chat GPT deal were leaked, and there's no money on either side. So, I don't know, it's a little bit of like, it's really not much of anything, to be honest, because there's nothing we can actually play with and experience.

And it's going to take a year before we really know what the totality of all of this is. Meanwhile, The economics of the chat GPT deal were leaked, and there's no money on either side. So, I don't know, it's a little bit of like, it's really not much of anything, to be honest, because there's nothing we can actually play with and experience.

I think that Apple really cares about privacy when they're trying to hurt a company they don't like, i.e. Meta. And they're willing to figure out a way to work around it when it's a company that they clearly support, OpenAI.

I think that Apple really cares about privacy when they're trying to hurt a company they don't like, i.e. Meta. And they're willing to figure out a way to work around it when it's a company that they clearly support, OpenAI.

You can do apples to apples here because 2023 Jan is 200 million. That means that June is 300 million if they're on a $3.6 billion run rate. Yeah.

You can do apples to apples here because 2023 Jan is 200 million. That means that June is 300 million if they're on a $3.6 billion run rate. Yeah.

I'm kind of in David's camp, which is I think to the extent that the business has a large terminal value, it's going to be because of the enterprise cash flows. The thing to keep in mind is that I still haven't seen enterprises building production level products using AI? It's all experimentational, right? It's all experiments now. That's nothing against open AI.

I'm kind of in David's camp, which is I think to the extent that the business has a large terminal value, it's going to be because of the enterprise cash flows. The thing to keep in mind is that I still haven't seen enterprises building production level products using AI? It's all experimentational, right? It's all experiments now. That's nothing against open AI.

It's just a commentary on the fact that we are at a very, very early part of the cycle where when you use this term blast radius, right? What are you referring to? You're referring to this idea that you're stringing together elements of a model or multiple models that each have some non-trivial error rate. By multiplying all these error rates together, you get your final product.

It's just a commentary on the fact that we are at a very, very early part of the cycle where when you use this term blast radius, right? What are you referring to? You're referring to this idea that you're stringing together elements of a model or multiple models that each have some non-trivial error rate. By multiplying all these error rates together, you get your final product.