Martín Escobari

This is more meaningful because it will touch a higher percentage of GDP.

The internet was the other very meaningful one, but it changed how we interact with each other.

This will change much more than that.

An ambiguous recommendation.

If you're in your 20s or early 30s, co-work at AI because you're going to live through dog years.

meaning what we're talking about .com, seven years of activity in one year.

And regardless of whether the company does well or you make money, you're going to have compressed learning that only happens once every 20 years.

So don't miss that opportunity.

And when I say that age group, I mean that mental age group.

You could be in your 50s and be in that mental.

Afterward, you're ready to take risks.

Just go do it.

If you have a young mind today, go work in AI because it's going to be so much fun.

I think investing is risky.

Our approach, which may prove to be too conservative, was to take it slow because it's not clear yet where the value is going to be created.

It's not clear yet how much more powerful the large language models are versus others that are more efficient or how much of the value will be captured by the models versus the applications.

So it's exciting to watch.

I know we're going to have a moment where we're all going to wake up and say we've invested too much.

I don't know if it's three years away or 18 months away.

I was looking at some stats comparing the AI wave, let's not call it a bubble, waves, to the dot-com and to the railroads.