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Josh Kale

👤 Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

It's on the internet.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

It's inside of Chrome.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

And so the fact that Google also has the second puzzle piece, which is capital and

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

which enables them to do this, is what really differentiates ChatGPT from Google.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Talk about why that capital element is so powerful.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Yeah, yeah, yeah.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

And I mean, I'm not Sam Altman.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

He seems like a very competent operator.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

But man, the idea of being Sam Altman right now seems to be very stressful.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

I don't envy his position.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

No.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Yeah, because even if ChatGBT is in a vacuum, a better model, a better LLM than Google's Gemini, when you add ads on it, you just might end up tilting the favor in Google's balance.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

And like all of a sudden your users just naturally flow to Google and Google just incentivizes its own, creates its own and further network effects that it already has massive network effects of.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

And so like the idea of just like chat GPT being compelled by capitalism to add ads might also be the thing that makes it uncompetitive with somebody who also has the capital puzzle piece on its Thanos gauntlet of capitalism.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Exactly.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Because they announced that they are working on a, you know, a WorldCoin human verified social network, which is potentially a great upgrade from the social networks that we currently have because of its human verified.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

But nonetheless, dude, it's a social network.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

Like who the F cares, man?

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

We got those.

Bankless
Capitalism’s Endgame: The Last Companies That Will Ever Exist

What value is that contributing to humanity in the year 2026?