Rory O'Driscoll

So here's the deal.

The good news is open AI is the leading consumer player in the space.

You're going to get the leading IP in the world.

You're going to get Disney and here are the economics and it, and now there's a template, just like there's a template for ESPN or Disney with YouTube.

And Google, you're going to actually, and you may actually have to pay more because usually the first ones that go in get a slightly better deal, right?

Everyone else is going to pay worse.

And we're going to ratchet up the terms to use our IP.

And then in three years, we're going to raise the rates again.

It is an interesting resurgence of the value of IP in the age of AI when the first history was just rip everybody off.

And it was great for all of us as consumers, but it may be the revenge of IP.

Disney's a big deal in IP.

And I think in three years, no one's going to be working because of AI.

I know this sounds facetious.

We'll be spending all our time at Disneyland because no one's electively working and the jobs are gone.

We're going to watch Disney and live in Disneyland, right?

I liked what Bob Iger said, even though I'm not sure what it means.

which is that creativity is the new productivity.

There's no long tail.

What we said three weeks ago doesn't matter, right?

It's the constant creativity and creation of top tier assets like 20 VC that matter.