Travis Kalanick

It could be that OpenAI wrote the white paper for them, just putting it out there. But it's real innovative. I agree with that. Real innovation. Strong tech. You're like, this is legit. I agree with that.

It could be that OpenAI wrote the white paper for them, just putting it out there. But it's real innovative. I agree with that. Real innovation. Strong tech. You're like, this is legit. I agree with that.

Embrace and extend.

Embrace and extend.

Oh, I'm getting so excited. Look, I think the first degree out is it's what you got, is there a wrapper company? Okay, so of course, maybe those companies already exist. And then is there a tools company, right? So in a funny way, even though Facebook could be the wrapper, they have a tools business

Oh, I'm getting so excited. Look, I think the first degree out is it's what you got, is there a wrapper company? Okay, so of course, maybe those companies already exist. And then is there a tools company, right? So in a funny way, even though Facebook could be the wrapper, they have a tools business

that DeepSeek is basically challenging going full open source and putting something out there that's really good. And what has to happen is Meta has to decide, we are going to embrace and extend this. We're going to make sure that all the developers come to us, that all the cool applications get built here. So I think it's like there's a tools business and then there's the wrapper business.

that DeepSeek is basically challenging going full open source and putting something out there that's really good. And what has to happen is Meta has to decide, we are going to embrace and extend this. We're going to make sure that all the developers come to us, that all the cool applications get built here. So I think it's like there's a tools business and then there's the wrapper business.

um and then you know look when ai here's the one thing on the nvidia thing that i would counter with a little bit of what's been said here is like when ai gets cheap you know what's going to happen guys there's going to be a lot more ai right i don't think i think the price elasticity on this one is actually positive so as the price goes down That's right.

um and then you know look when ai here's the one thing on the nvidia thing that i would counter with a little bit of what's been said here is like when ai gets cheap you know what's going to happen guys there's going to be a lot more ai right i don't think i think the price elasticity on this one is actually positive so as the price goes down That's right.

The revenue usage, everything's going to go up. Goes through the roof. This is the history of tech forever. Since like Bill Gates said, I don't know what to do with more than 64 kilobytes of memory.

The revenue usage, everything's going to go up. Goes through the roof. This is the history of tech forever. Since like Bill Gates said, I don't know what to do with more than 64 kilobytes of memory.

And so then you're like, okay, AI is like... You know, it's going to get cheap. It's going to be oil, but it's also going to be specialized for different tasks.

And so then you're like, okay, AI is like... You know, it's going to get cheap. It's going to be oil, but it's also going to be specialized for different tasks.

Like you're going to start getting into nuances of like, what is the investor AI look like? What is the autonomous car AI look like? What is the Google search? I'm trying to figure some shit out. The lawyer, the accountant, the pilot. So it could go vertical and siloed, siloed air quotes, but you understand what I'm saying.

Like you're going to start getting into nuances of like, what is the investor AI look like? What is the autonomous car AI look like? What is the Google search? I'm trying to figure some shit out. The lawyer, the accountant, the pilot. So it could go vertical and siloed, siloed air quotes, but you understand what I'm saying.

Okay. So look, I had this thing. I'm going back almost 10 years here. Uber day, we're running Uber China. And I mean, I cannot, there's no way I could express the frenetic intensity of copying that they would do on everything that we would roll out in China. And it was so epically intense that I basically had a massive, amount of respect for their ability to copy what we did.

Okay. So look, I had this thing. I'm going back almost 10 years here. Uber day, we're running Uber China. And I mean, I cannot, there's no way I could express the frenetic intensity of copying that they would do on everything that we would roll out in China. And it was so epically intense that I basically had a massive, amount of respect for their ability to copy what we did.

I just couldn't believe it. We would do real hard work, make it, we'd dial it and it would be epic and it would be awesome. We'd roll it out and then like two weeks later, They've got it. A week later, boom, they've got it. And of course, I use that to drive our team. And there's so many great stories. I mean, we had like 400 Chinese nationals in Silicon Valley at our offices in San Francisco.

I just couldn't believe it. We would do real hard work, make it, we'd dial it and it would be epic and it would be awesome. We'd roll it out and then like two weeks later, They've got it. A week later, boom, they've got it. And of course, I use that to drive our team. And there's so many great stories. I mean, we had like 400 Chinese nationals in Silicon Valley at our offices in San Francisco.