Josh Kale
👤 SpeakerAppearances Over Time
Podcast Appearances
They're fantastically profitable, but are they going to build and define the future?
Not sure.
These are just like the biggest companies.
And so I figured like by market cap, it's got to be the highest market cap companies that have to be almost by definition
the companies that are in the race.
Yeah, it seems like some of these companies, like again, not to talk shit about Apple, but just like they're profitable and they're increasing, they're doing their best to maximize their margins.
Great businesses.
That's it.
It's a great business.
It's a great trad business.
But in terms of building this like post-capitalism, post-scarcity world of abundance where labor is free, energy is free, intelligence is free,
And then therefore you don't need capital anymore.
Like if that's the subject matter of this podcast, which it is, it's just like they're doing something else, which is just being a profitable business, which is great for them, but they're not going to own the future.
I think we talked about all the big ones.
I don't know if there's anyone out there.
It's like, I don't really care to talk.
I'm looking at the asset market cap.
I don't really care about Saudi, Morocco.
That's oil.
I don't care about Walmart or Berkshire Hathaway.