Palihapitiya says the judge ruled against severe Google remedies because the free market is already reallocating billions in revenue.
“As a byproduct, we're reallocating tens of... Maybe hundreds of billions of dollars of revenue. And so the judge said the most severe remedies aren't necessary because the free market is doing this job.”
Palihapitiya says Google stock doubled on Gemini success, justifying $50 billion spend for trillion in market cap.
“And so if you wanna make Gemini even more incredible, just get pour another billion users into it. And if that costs you 50,000,000,000, it's okay because you'll make a trillion of market cap.”
Palihapitiya says distribution matters most in AI markets, favoring Google and Meta despite Meta being behind.
“And, ultimately, what we are learning, especially as all these markets converge, is that distribution still matters a ton, which favors Google. It favors Meta, although Meta's quite behind.”
Palihapitiya notes Demis Hassabis stepping down from DeepMind means AGI is at hand
“As said earlier, AGI is now at hand so these moves are logical. https://t.co/ThT2lsx5ZO”
Palihapitiya notes Demis Hassabis stepping down from DeepMind means AGI is at hand
“As said earlier, AGI is now at hand so these moves are logical. https://t.co/ThT2lsx5ZO”
Palihapitiya notes Zuck never mentions advertising because great engineers want space, search or AI company
“Zuck never mentions it because he knows the great engineers want to work at a space/search/ai company… Not an advertising company. https://t.co/ELf6QSgIFk”