Rob Wiblin

well set up to absorb AI labor.

Yeah, it makes horrible mistakes in a way that you can put it in a setup in software or manufacturing where you catch those mistakes, but you need humans to do that on the open fill side.

So we're not very automated.

We don't have a visceral sense of it's time now.

This is the moment.

AIs are really, really good.

We got to go big.

But it's still the right thing to do to pour a bunch of money into AI labor on these few verticals that are heavily automated.

Yeah, so I think there's two challenges here to getting access to enough labor as an external group.

One is whether they will just even sell to you.

So like I said earlier, in AI 2027 and a lot of stories of the intelligence explosion, you get to a point where one company has pulled far enough ahead of its competitors that it –

keeps its internal best systems to itself and only releases systems that are considerably worse than its internal frontier that are just good enough to be ahead of its competitors' released products.

And there can be a growing gap in how intelligent the best internal systems are and how intelligent the best externally accessible systems are.

And the AI company may deliberately choose not to sell to willing customers because they want to keep their secrets to themselves.

Another possibility is they might be willing to sell to you but the price just might be way too steep because the opportunity cost of using that compute to like sell to you to do whatever you want to do with it is training further more powerful AIs and they might be willing to pay quite a lot for that.

So I think both are challenges.

The second one is in some sense more straightforward to address which is you try to like

hedge against this possibility, um, by having some portion of your portfolio, like really exposed to compute prices, um, and hope that, you know, maybe that looks like in the extreme case, just, just having GPUs yourself, um, that, uh, you know, in peacetime, you just rent out to other people doing commercial activity with it.

But then during crunch time, um, you redirect to, um,

doing AI labor, although in that case, you'll have to furthermore figure out how to get the latest AI models onto those chips that you own.