Mamoon Hamid

But it will probably go down by 10x or 20x. Do we expect to see 10x better models or 20x better models? That'd be pretty insane, right? Don't you think that the 20x better model is going to be pretty insane for all of us?

But it will probably go down by 10x or 20x. Do we expect to see 10x better models or 20x better models? That'd be pretty insane, right? Don't you think that the 20x better model is going to be pretty insane for all of us?

But it will probably go down by 10x or 20x. Do we expect to see 10x better models or 20x better models? That'd be pretty insane, right? Don't you think that the 20x better model is going to be pretty insane for all of us?

I'd say if I look at the... Do you know what the world's GDP is? No. It's about $100 trillion. Of that, 50% to 60% is in labor. Technology is roughly like 15% of it. And over the next decade, if we grow at the more traditional GDP growth rates... It'll be anywhere from 125 to 130. What if technology grows from 15% to 20%?

I'd say if I look at the... Do you know what the world's GDP is? No. It's about $100 trillion. Of that, 50% to 60% is in labor. Technology is roughly like 15% of it. And over the next decade, if we grow at the more traditional GDP growth rates... It'll be anywhere from 125 to 130. What if technology grows from 15% to 20%?

I'd say if I look at the... Do you know what the world's GDP is? No. It's about $100 trillion. Of that, 50% to 60% is in labor. Technology is roughly like 15% of it. And over the next decade, if we grow at the more traditional GDP growth rates... It'll be anywhere from 125 to 130. What if technology grows from 15% to 20%?

That's like 25 trillion in technology companies, up from, say, 15 trillion today. So 10 trillion of annual spend will get created for technology companies over the next decade. When you think about $200 billion spent on CapEx or $600 billion spent, I think the question is really the $200 billion should result in $600 billion of revenue.

That's like 25 trillion in technology companies, up from, say, 15 trillion today. So 10 trillion of annual spend will get created for technology companies over the next decade. When you think about $200 billion spent on CapEx or $600 billion spent, I think the question is really the $200 billion should result in $600 billion of revenue.

That's like 25 trillion in technology companies, up from, say, 15 trillion today. So 10 trillion of annual spend will get created for technology companies over the next decade. When you think about $200 billion spent on CapEx or $600 billion spent, I think the question is really the $200 billion should result in $600 billion of revenue.

I think the revenue will be there because, again, we're not just tackling software, linear software, as I call it. We're tackling labor. labor shortages and things that humans can do, but it's the worst part of our job, or we don't have enough people who can do the job. Again, I go back to the example of doctors. We're not producing enough doctors. We're not producing enough developers.

I think the revenue will be there because, again, we're not just tackling software, linear software, as I call it. We're tackling labor. labor shortages and things that humans can do, but it's the worst part of our job, or we don't have enough people who can do the job. Again, I go back to the example of doctors. We're not producing enough doctors. We're not producing enough developers.

I think the revenue will be there because, again, we're not just tackling software, linear software, as I call it. We're tackling labor. labor shortages and things that humans can do, but it's the worst part of our job, or we don't have enough people who can do the job. Again, I go back to the example of doctors. We're not producing enough doctors. We're not producing enough developers.

We're not producing enough lawyers. Those types of jobs where we're going to see the immediate, more near-term impact.

We're not producing enough lawyers. Those types of jobs where we're going to see the immediate, more near-term impact.

We're not producing enough lawyers. Those types of jobs where we're going to see the immediate, more near-term impact.

What's the same then? The same is we're in the business of backing incredible founders who are... perseverating on a problem set that may be a hair on fire problem for lots of folks. And they're building the right product at the right time. That's the same. We're in the business of finding those people who are doing that job and trying to build a business.

What's the same then? The same is we're in the business of backing incredible founders who are... perseverating on a problem set that may be a hair on fire problem for lots of folks. And they're building the right product at the right time. That's the same. We're in the business of finding those people who are doing that job and trying to build a business.

What's the same then? The same is we're in the business of backing incredible founders who are... perseverating on a problem set that may be a hair on fire problem for lots of folks. And they're building the right product at the right time. That's the same. We're in the business of finding those people who are doing that job and trying to build a business.

And hopefully we can help them a little bit in building their business. So what's different? What's different is that there is more capital in our industry than ever before. That capital at times thinks that everything will be a deck of corn. You're overfunding some companies. Maybe they deserve it because they're the far and away leaders.

And hopefully we can help them a little bit in building their business. So what's different? What's different is that there is more capital in our industry than ever before. That capital at times thinks that everything will be a deck of corn. You're overfunding some companies. Maybe they deserve it because they're the far and away leaders.