Lloyd Blankfein
π€ SpeakerAppearances Over Time
Podcast Appearances
You got everything.
You got the offer, you hit the bid, and other people were left looking at, you know, looking at your dust for that.
So you were always, always competing for the best technology in a winner-take-all situation.
By the way, a lot of life, whether people realize it or not, is winner-take-all.
I could see...
You know, I know, you know, the opportunity set and the challenges and the anxiety people have about the current thing.
And I think, obviously, I still, you know, invest and I still transact on the market.
I think about that too.
But I would say that no one is a better adopter or pays more
except for obviously the hyperscalers themselves who want to be the providers of the technology.
But in terms of use of the technologies, you know, the financial area is, you know, wants to be on top of it.
And so interesting, by the way, there's a lot of,
you end up in a lot of cul-de-sacs.
You'll end up going down bad paths because you just don't know.
And you have to do this.
And I know that everybody's talking about looking for cost savings, but we always had to do things twice.
We had to use the system we were confident in and then simultaneously run the new system we had high hopes for.
We didn't have a high level of confidence.
In our business,
and as a regulated company that we were, we weren't allowed to have mistakes.