Nabeel Hyatt

In fact, if we had believed that only capital was going to win, then we would not have invested in Anthropic. Because surely Sam was telling us and everybody else, like, we're going to win the capital game. Capital game is the only way to win. And so there's no reason to build a competitor. So we didn't believe that back then or else we wouldn't invest it in Anthropic. And so it's still true.

In fact, if we had believed that only capital was going to win, then we would not have invested in Anthropic. Because surely Sam was telling us and everybody else, like, we're going to win the capital game. Capital game is the only way to win. And so there's no reason to build a competitor. So we didn't believe that back then or else we wouldn't invest it in Anthropic. And so it's still true.

In fact, if we had believed that only capital was going to win, then we would not have invested in Anthropic. Because surely Sam was telling us and everybody else, like, we're going to win the capital game. Capital game is the only way to win. And so there's no reason to build a competitor. So we didn't believe that back then or else we wouldn't invest it in Anthropic. And so it's still true.

I think Anthropic wins the same way that every company wins, which is that they are executing very fast with taste. They are listening to their customers and delivering what their customers want. What do you think will be a bigger business, the API business or the consumer business? I think when you're at the front end of innovation, when you're moving really fast, I think you want to be vertical.

I think Anthropic wins the same way that every company wins, which is that they are executing very fast with taste. They are listening to their customers and delivering what their customers want. What do you think will be a bigger business, the API business or the consumer business? I think when you're at the front end of innovation, when you're moving really fast, I think you want to be vertical.

I think Anthropic wins the same way that every company wins, which is that they are executing very fast with taste. They are listening to their customers and delivering what their customers want. What do you think will be a bigger business, the API business or the consumer business? I think when you're at the front end of innovation, when you're moving really fast, I think you want to be vertical.

I think you want to have as much connectivity layer between the model you're trying to build and the thing that the consumer is trying to wrestle with the world to make happen.

I think you want to have as much connectivity layer between the model you're trying to build and the thing that the consumer is trying to wrestle with the world to make happen.

I think you want to have as much connectivity layer between the model you're trying to build and the thing that the consumer is trying to wrestle with the world to make happen.

Well, I'll give you an example. If you're Descript today, you don't just sit on this amazing and wonderful interface, which kind of changed the market and reinvented what this was.

Well, I'll give you an example. If you're Descript today, you don't just sit on this amazing and wonderful interface, which kind of changed the market and reinvented what this was.

Well, I'll give you an example. If you're Descript today, you don't just sit on this amazing and wonderful interface, which kind of changed the market and reinvented what this was.

You also sit on every single edit that every single person has done to try and go from a rough cut where somebody like me comes on your podcast and says ridiculous things, and then cut that down to something that actually sounds like a wonderful production. That's internalizing the wisdom of experts.

You also sit on every single edit that every single person has done to try and go from a rough cut where somebody like me comes on your podcast and says ridiculous things, and then cut that down to something that actually sounds like a wonderful production. That's internalizing the wisdom of experts.

You also sit on every single edit that every single person has done to try and go from a rough cut where somebody like me comes on your podcast and says ridiculous things, and then cut that down to something that actually sounds like a wonderful production. That's internalizing the wisdom of experts.

One of the things that we're seeing right now in this world, OpenAI and lots of other companies are paying a bunch of PhDs to like by hand go figure out PhD math equations so they can internalize the model. I think Web 2.0 was very much the kind of wisdom of crowds. And we're at an age where it's the wisdom of experts. We're not trying to get what the average output of every single human is.

One of the things that we're seeing right now in this world, OpenAI and lots of other companies are paying a bunch of PhDs to like by hand go figure out PhD math equations so they can internalize the model. I think Web 2.0 was very much the kind of wisdom of crowds. And we're at an age where it's the wisdom of experts. We're not trying to get what the average output of every single human is.

One of the things that we're seeing right now in this world, OpenAI and lots of other companies are paying a bunch of PhDs to like by hand go figure out PhD math equations so they can internalize the model. I think Web 2.0 was very much the kind of wisdom of crowds. And we're at an age where it's the wisdom of experts. We're not trying to get what the average output of every single human is.

We're trying to get what really amazing people at whatever their field is across every field in the world would do in this situation. And so if you are running a next-gen product with AI deeply embedded and you have the best users using that product, that will inform you to make better products for those users and inform the models that you're building.

We're trying to get what really amazing people at whatever their field is across every field in the world would do in this situation. And so if you are running a next-gen product with AI deeply embedded and you have the best users using that product, that will inform you to make better products for those users and inform the models that you're building.