John Siracusa

They're not going to fit in your new place at all unless it's exactly the same as your old one.

They're not going to fit in your new place at all unless it's exactly the same as your old one.

Yeah, like you get it. You get a new place. And the only thing in the kitchen is just like bare walls, bare floor and like some like electrical wires dangling out somewhere. Maybe like a loose gas line. I don't know. I don't know what's going on over there in Germany. But anyway.

Yeah, like you get it. You get a new place. And the only thing in the kitchen is just like bare walls, bare floor and like some like electrical wires dangling out somewhere. Maybe like a loose gas line. I don't know. I don't know what's going on over there in Germany. But anyway.

The sellers usually don't want them. The sellers usually say, please take our crappy old, you know, we're not taking our fridge with us. We're not taking our stove. They're yours if you want them. Like they're just because they assume they're going to get new stuff in their new place. And yeah, but anyway, different strokes. Indeed.

The sellers usually don't want them. The sellers usually say, please take our crappy old, you know, we're not taking our fridge with us. We're not taking our stove. They're yours if you want them. Like they're just because they assume they're going to get new stuff in their new place. And yeah, but anyway, different strokes. Indeed.

That's a lot. I mean, I never would have thought Nvidia stock would ever go down again. I just thought it would just go higher forever and there was nothing about their stock price that was irrational or bubble-like. I'm not dancing on Nvidia's ground. They're still the best GPU company out there.

That's a lot. I mean, I never would have thought Nvidia stock would ever go down again. I just thought it would just go higher forever and there was nothing about their stock price that was irrational or bubble-like. I'm not dancing on Nvidia's ground. They're still the best GPU company out there.

But yeah, I think they were a little bit overinflated and companies taking a hit on this, you know, Nvidia taking a hit. Nvidia taking a hit on this is a little weird because as this story you just read alludes to, there are, or were, I think, I'm not sure if they're still in effect, who even knows, But anyway, there were US export restrictions for the most powerful GPUs to China.

But yeah, I think they were a little bit overinflated and companies taking a hit on this, you know, Nvidia taking a hit. Nvidia taking a hit on this is a little weird because as this story you just read alludes to, there are, or were, I think, I'm not sure if they're still in effect, who even knows, But anyway, there were US export restrictions for the most powerful GPUs to China.

And the idea being, let's not... give our best technology to China because then they'll develop AI and I don't know, take over the world with their AI instead of our AI, whatever. It's just like USA, USA. We want to do everything ourselves, uh, with our own technology. We don't want to export it to China.

And the idea being, let's not... give our best technology to China because then they'll develop AI and I don't know, take over the world with their AI instead of our AI, whatever. It's just like USA, USA. We want to do everything ourselves, uh, with our own technology. We don't want to export it to China.

They can buy the crappy old, like last year or year before our previous generation model, but we're not going to sell them the best stuff. And presumably that will help maintain the U S lead in AI because open AI is an American company. And a lot of the other big AI startups are also American companies. Um,

They can buy the crappy old, like last year or year before our previous generation model, but we're not going to sell them the best stuff. And presumably that will help maintain the U S lead in AI because open AI is an American company. And a lot of the other big AI startups are also American companies. Um,

And the Chinese company said, no, we'll do the same thing you're doing, but for less money and with crappier hardware. And they did. And it was very upsetting to the stock market because they said, well, I guess all those export restrictions did not have the intended effect. And I guess what OpenAI is doing is not that unique. We've talked about this in many past episodes.

And the Chinese company said, no, we'll do the same thing you're doing, but for less money and with crappier hardware. And they did. And it was very upsetting to the stock market because they said, well, I guess all those export restrictions did not have the intended effect. And I guess what OpenAI is doing is not that unique. We've talked about this in many past episodes.

The phrase you will hear all the time, which is annoying, is... What kind of moat do the AI companies have? Is there anything about what OpenAI is doing that makes it special and unique that makes competitors not able to compete? And I think we've all said in all past shows, not really, because Facebook has its open source Lama models. Apple's got its foundation models.

The phrase you will hear all the time, which is annoying, is... What kind of moat do the AI companies have? Is there anything about what OpenAI is doing that makes it special and unique that makes competitors not able to compete? And I think we've all said in all past shows, not really, because Facebook has its open source Lama models. Apple's got its foundation models.

Like the foundation of all of these things is the large language model scientific papers and the study of how to create them. That is all public knowledge. So anybody can make one of these things. And the question was, is there some kind of special sauce that OpenAI has? Okay, well, the technology everybody knows, but we do it in a better way than anyone else. And therefore, we have a moat.

Like the foundation of all of these things is the large language model scientific papers and the study of how to create them. That is all public knowledge. So anybody can make one of these things. And the question was, is there some kind of special sauce that OpenAI has? Okay, well, the technology everybody knows, but we do it in a better way than anyone else. And therefore, we have a moat.