Nabeel Hyatt

you need to understand how people want to use your model. If you want to understand how people want to use your model, then you need a lot of people using your model. And so the fact that those two companies have a user interface, which has both insights to how a user would use it, but also, frankly, data exhaust,

you need to understand how people want to use your model. If you want to understand how people want to use your model, then you need a lot of people using your model. And so the fact that those two companies have a user interface, which has both insights to how a user would use it, but also, frankly, data exhaust,

on how people are trying to navigate a model and get through it, gives you insight that no one in some academic lab somewhere just popping up a model is going to be able to advance as fast as you. You can make a faster algorithm, but you can't get new data and new data exhaust from consumers.

on how people are trying to navigate a model and get through it, gives you insight that no one in some academic lab somewhere just popping up a model is going to be able to advance as fast as you. You can make a faster algorithm, but you can't get new data and new data exhaust from consumers.

on how people are trying to navigate a model and get through it, gives you insight that no one in some academic lab somewhere just popping up a model is going to be able to advance as fast as you. You can make a faster algorithm, but you can't get new data and new data exhaust from consumers.

I didn't say it was the only competitive benefit, but for both of those companies, you said make the case for these. I think for both of those companies, I think that's a major, major case, right? They will have a user interface. They will have user data that will help them be smarter.

I didn't say it was the only competitive benefit, but for both of those companies, you said make the case for these. I think for both of those companies, I think that's a major, major case, right? They will have a user interface. They will have user data that will help them be smarter.

I didn't say it was the only competitive benefit, but for both of those companies, you said make the case for these. I think for both of those companies, I think that's a major, major case, right? They will have a user interface. They will have user data that will help them be smarter.

Do they have enough users and enough growth? No. Do they have enough scale? No. I think you want to own the interface with the customer. And if you own the interface with the customer, you have the chance to iterate on the interface with the customer and stay ahead of everybody else.

Do they have enough users and enough growth? No. Do they have enough scale? No. I think you want to own the interface with the customer. And if you own the interface with the customer, you have the chance to iterate on the interface with the customer and stay ahead of everybody else.

Do they have enough users and enough growth? No. Do they have enough scale? No. I think you want to own the interface with the customer. And if you own the interface with the customer, you have the chance to iterate on the interface with the customer and stay ahead of everybody else.

So if you just look at Anthropic and you look at Artifacts, right, which now OpenAI has copied, if you look at the next phase of the things, those are going to come out of insights with the customer and those things matter. It's not just model quality. So I don't think foundational models are just model quality. It's also your ability to continue to innovate, your taste, your execution speed.

So if you just look at Anthropic and you look at Artifacts, right, which now OpenAI has copied, if you look at the next phase of the things, those are going to come out of insights with the customer and those things matter. It's not just model quality. So I don't think foundational models are just model quality. It's also your ability to continue to innovate, your taste, your execution speed.

So if you just look at Anthropic and you look at Artifacts, right, which now OpenAI has copied, if you look at the next phase of the things, those are going to come out of insights with the customer and those things matter. It's not just model quality. So I don't think foundational models are just model quality. It's also your ability to continue to innovate, your taste, your execution speed.

And then do you have a relationship that's very direct with the customer with which you can still keep iterating with them faster than everybody else? So if I compare that to somebody who's spending a bunch of money on compute for an academic lab for a very large foundational model, I don't think those things accrue very well over time. I think you need to be full stack.

And then do you have a relationship that's very direct with the customer with which you can still keep iterating with them faster than everybody else? So if I compare that to somebody who's spending a bunch of money on compute for an academic lab for a very large foundational model, I don't think those things accrue very well over time. I think you need to be full stack.

And then do you have a relationship that's very direct with the customer with which you can still keep iterating with them faster than everybody else? So if I compare that to somebody who's spending a bunch of money on compute for an academic lab for a very large foundational model, I don't think those things accrue very well over time. I think you need to be full stack.

I don't know that deep seek changes that much for the way that I think about the future, strangely enough. And maybe that's an odd thing to say when everybody in the world is freaking out about deep seek this week. I don't know that I ever really believed personally that the $100 billion or $500 billion or $1 trillion training was the only barrier to entry for making these models.

I don't know that deep seek changes that much for the way that I think about the future, strangely enough. And maybe that's an odd thing to say when everybody in the world is freaking out about deep seek this week. I don't know that I ever really believed personally that the $100 billion or $500 billion or $1 trillion training was the only barrier to entry for making these models.

I don't know that deep seek changes that much for the way that I think about the future, strangely enough. And maybe that's an odd thing to say when everybody in the world is freaking out about deep seek this week. I don't know that I ever really believed personally that the $100 billion or $500 billion or $1 trillion training was the only barrier to entry for making these models.