Mark Cuban

and this is sort of maybe ties together with the governmental efficiency and just do the obvious right thing but shouldn't they just work with you as an example and and why don't they they are and it's just starting they are right so here's again i can't speak for her to say what she's going to do but here was the conversation i've had with her team when it comes to reducing out-of-pocket costs to deal with inflation what i've told them is

One key area that impacts most families at some level, nobody dies healthy, is the cost of health care and pharmaceuticals. And by requiring transparency in all contracts signed by anybody, anywhere in terms of pricing, you are going to see the same impact on across-the-board pricing of a decrease of 30%, 40%. And so...

One key area that impacts most families at some level, nobody dies healthy, is the cost of health care and pharmaceuticals. And by requiring transparency in all contracts signed by anybody, anywhere in terms of pricing, you are going to see the same impact on across-the-board pricing of a decrease of 30%, 40%. And so...

All that is going to reduce out-of-pocket spending for everybody, reduce government spending for everybody, and have a net positive impact. They see that.

All that is going to reduce out-of-pocket spending for everybody, reduce government spending for everybody, and have a net positive impact. They see that.

I had a similar conversation, as I mentioned to you, in the White House when I went there, and it just didn't resonate. Boys, any final questions for Mark here as we wrap up? You're not going to ask me about Elon and why I trolled Elon and any of that good stuff?

I had a similar conversation, as I mentioned to you, in the White House when I went there, and it just didn't resonate. Boys, any final questions for Mark here as we wrap up? You're not going to ask me about Elon and why I trolled Elon and any of that good stuff?

So now I've kind of slowed down. I invested in Grok with Schmatz, right? Schmatz is, yeah, let's go. And he can tell you all the reasons.

So now I've kind of slowed down. I invested in Grok with Schmatz, right? Schmatz is, yeah, let's go. And he can tell you all the reasons.

Okay, well, good. So you guys know the whole story, right? And so I think that's great. Picks and shovels, I think, are important. I think the problem, and this happens with all new technologies, is we're seeing the gold rush right now where everybody calls everything AI, particularly with agents. And I think...

Okay, well, good. So you guys know the whole story, right? And so I think that's great. Picks and shovels, I think, are important. I think the problem, and this happens with all new technologies, is we're seeing the gold rush right now where everybody calls everything AI, particularly with agents. And I think...

You can put all these vertical agents together to do all these different things, but agents are just going to be a feature, not a product. Because inherently in AI, as it advances and gets smarter, then it's going to be able to create its own agents for its users and go forward from there. So I've been really hesitant now because, you know, You're not going to invest in the foundational models.

You can put all these vertical agents together to do all these different things, but agents are just going to be a feature, not a product. Because inherently in AI, as it advances and gets smarter, then it's going to be able to create its own agents for its users and go forward from there. So I've been really hesitant now because, you know, You're not going to invest in the foundational models.

I mean, through a fund, I have part of OpenAI and some others, but that's just so expensive. You don't know who the winners are going to be, but yet everything that happens is going to be a derivative.

I mean, through a fund, I have part of OpenAI and some others, but that's just so expensive. You don't know who the winners are going to be, but yet everything that happens is going to be a derivative.

I think there are going to be tens of millions of models. Everybody's going to have a model. Your kids are going to have models. Their little invisible friend is going to be a model that's in a teddy bear that they grow up with. So there's going to be an unlimited number of models. But we don't know who the winners are going to be to host those models. I have no idea.

I think there are going to be tens of millions of models. Everybody's going to have a model. Your kids are going to have models. Their little invisible friend is going to be a model that's in a teddy bear that they grow up with. So there's going to be an unlimited number of models. But we don't know who the winners are going to be to host those models. I have no idea.

And if you go back over the history of technology... That's always the case. There's always a race to be the winner for the foundation, whether it was broadband, whether it was networking, whatever it's streaming, and everybody battles it out. And so it's okay. And for me now, I'm just like, let me just wait.

And if you go back over the history of technology... That's always the case. There's always a race to be the winner for the foundation, whether it was broadband, whether it was networking, whatever it's streaming, and everybody battles it out. And so it's okay. And for me now, I'm just like, let me just wait.

I think it's the exact opposite. So I think that... In order to train a model, you need access to information. And the internet ain't what it used to be in terms of being a source of information. And so IP is becoming more valuable. You're not... I think everybody by this time expected all the foundational models to have all this healthcare information.