Gerstner notes critics compared AI training spending to 2001 dark fiber, claiming pullforward had occurred.
“Everybody said at the last end of last year, we had pulled forward all of the training. You know, this was dark fiber from Internet in 2001.”
Gerstner calls out Sam Altman's rhetorical technique of minimizing smartphone market to hype AI potential.
“he juxtaposition to AI versus the smartphone market and then on the smartphone market as being small.”