Satya Nadella

It's a lot of intense competition, but it's not so zero sum as some people make it out to be.

High is getting much bigger.

High is getting much bigger.

The TAM and just the impact of this tech is going to be so massive.

The TAM and just the impact of this tech is going to be so massive.

The question then of course is, I always go back to what's the brand identity Microsoft has, brand permission we have, what do customers expect from us?

The question then of course is, I always go back to what's the brand identity Microsoft has, brand permission we have, what do customers expect from us?

Sometimes we kind of overthink somehow that every customer wants the same thing from all of the competitors.

Sometimes we kind of overthink somehow that every customer wants the same thing from all of the competitors.

And finding that out, it's kind of a different take on the Peter Thiel thing, which is you've got to avoid competition.

And finding that out, it's kind of a different take on the Peter Thiel thing, which is you've got to avoid competition.

by really understanding what customers really want from you versus thinking everybody's a competitor.

by really understanding what customers really want from you versus thinking everybody's a competitor.

No, absolutely.

No, absolutely.

In fact, what you all have been doing to make sure, in this context, the American tech stack is broadly used around the world and is trusted around the world.

In fact, what you all have been doing to make sure, in this context, the American tech stack is broadly used around the world and is trusted around the world.

Because I think, when I look back, David, to me, at the end of the day, you create the technology,

Because I think, when I look back, David, to me, at the end of the day, you create the technology,

Really, the benefits