Ravi Gupta

Because you really have to be courageous to not let something that you've said in the past to a public market investor, not let that stop you from doing things. You know how big of a fan I am of Fiji. Fiji will do whatever is right for Instacart. It doesn't matter if they're private or public.

Because you really have to be courageous to not let something that you've said in the past to a public market investor, not let that stop you from doing things. You know how big of a fan I am of Fiji. Fiji will do whatever is right for Instacart. It doesn't matter if they're private or public.

But there's a lot of people who feel really obligated to their past self and not to do the right thing for the long term. I also think it's not a coincidence that the people that are going to do this well are people that understand customer problems, but then they also understand the technology of what it can do.

But there's a lot of people who feel really obligated to their past self and not to do the right thing for the long term. I also think it's not a coincidence that the people that are going to do this well are people that understand customer problems, but then they also understand the technology of what it can do.

I think the anecdotal experience of AI not changing your life is really dangerous right now. Because if you're kind of like, meh, if you want to be contrarian right now and be like, oh, the models, they're not that great. That's fun to say probably at like a cocktail party and it fits with people's anecdotal experiences, but that is dangerous as hell.

I think the anecdotal experience of AI not changing your life is really dangerous right now. Because if you're kind of like, meh, if you want to be contrarian right now and be like, oh, the models, they're not that great. That's fun to say probably at like a cocktail party and it fits with people's anecdotal experiences, but that is dangerous as hell.

go sit with a bunch of people devoting their lives to this and have them tell you about the future. I really believe that that is incredibly valuable.

go sit with a bunch of people devoting their lives to this and have them tell you about the future. I really believe that that is incredibly valuable.

I actually think that that trope that you mentioned was actually pretty brilliant for a very long time. I suspect it still applies. Can a startup build distribution faster than a big company can build product or build innovation? I actually think it's still the right question.

I actually think that that trope that you mentioned was actually pretty brilliant for a very long time. I suspect it still applies. Can a startup build distribution faster than a big company can build product or build innovation? I actually think it's still the right question.

I think the thing that's probably changed is the speed at which you can build distribution with a great product has probably gone up. The willingness for somebody to adopt something that feels like magic. Maybe that's the point. I think that AI can make your product feel like magic. And I think people are really willing to adopt things that feel like magic.

I think the thing that's probably changed is the speed at which you can build distribution with a great product has probably gone up. The willingness for somebody to adopt something that feels like magic. Maybe that's the point. I think that AI can make your product feel like magic. And I think people are really willing to adopt things that feel like magic.

So the speed that a really well-executing startup that produces magic can get distribution is probably higher than it's ever been, would be my guess. I'm not enough of a student of this to know that for sure, but I do think they are producing magic.

So the speed that a really well-executing startup that produces magic can get distribution is probably higher than it's ever been, would be my guess. I'm not enough of a student of this to know that for sure, but I do think they are producing magic.

The thing that is actually interesting, though, if you're a startup, just to make it real, is if somebody has distribution already and they thoughtfully deploy AI and they actually go and disrupt themselves and they actually put it into their product, they're even harder to compete with right now.

The thing that is actually interesting, though, if you're a startup, just to make it real, is if somebody has distribution already and they thoughtfully deploy AI and they actually go and disrupt themselves and they actually put it into their product, they're even harder to compete with right now.

I think that Microsoft is way harder to compete with now than it's ever been before because they have this ridiculous distribution, insane distribution. And they are really pushing to get AI into their products in a way that feels like magic. I think that no one doubts that Satya Nadella gets this. Nobody wonders about whether they get it.

I think that Microsoft is way harder to compete with now than it's ever been before because they have this ridiculous distribution, insane distribution. And they are really pushing to get AI into their products in a way that feels like magic. I think that no one doubts that Satya Nadella gets this. Nobody wonders about whether they get it.

The only thing that limits their speed is like their organizational size. It's not intestinal fortitude from Satya. I think there are other big companies that you really worry that they actually are not going to be able to get the product in because they're going to let organizational stuff get in their way. I actually think it's still the same question.

The only thing that limits their speed is like their organizational size. It's not intestinal fortitude from Satya. I think there are other big companies that you really worry that they actually are not going to be able to get the product in because they're going to let organizational stuff get in their way. I actually think it's still the same question.