Jason Calacanis

Could I, though...

take a step back and give you just a different framing of all of this?

Please.

I think the big thing that we're debating is actually something we've seen in every other technology trend when it started to get some really meaningful traction.

So in the first generation of the internet, when you started to see e-commerce and all these other business models, then in the second big wave of the internet around the move to mobile and the move to social, and then now we're seeing this big wave around AI.

And I think what happens is in step one, entrepreneurs are A-B testing what it takes to raise money.

Okay, that's step one.

And I think what has happened is that at least some parts of the AI ecosystem have decided that this crazy, scary doomerism is the best way to raise money.

Where every now and then, they come out and they say, all the jobs will be destroyed.

Anthropic, you know, Dario says that.

This thing is sentient.

And investors are like, okay, here's 10 billion, here's 50 billion, here's 100 billion.

But then the second step happens.

They get the money.

They start to do the training.

They start selling.

And then the investors are like, hey, where's the revenue?

And so then they start selling everywhere.

And then if you see in the Department of War example, all of a sudden you flip-flop.

You become sort of an unserious dilettante-like partner to the American government.