https://minutesof.com/on/ai/ Everyone on the record about AI: 207 verbatim quotes from 12 people, November 2017 to July 2026, in one chronology, each with a timestamp and a link to… en Sun, 30 Aug 2026 22:32:46 +0000 https://minutesof.com/q/7068b41e-435d-46d8-ab91-ee08b96d80d7/ https://minutesof.com/q/7068b41e-435d-46d8-ab91-ee08b96d80d7/ “I expect real GDP growth to be close to 2-1/2 percent this year, reflecting tailwinds from fiscal policy, favorable financial conditions, and investment in AI.” — John Williams, NY Fed speeches ai https://minutesof.com/q/dcb8888f-9f35-4b54-ad89-c8705cc141cb/ https://minutesof.com/q/dcb8888f-9f35-4b54-ad89-c8705cc141cb/ “I expect the economy to grow above trend this year, with real GDP growth between 2-1/2 and 2-3/4 percent.” — John Williams, NY Fed speeches ai https://minutesof.com/q/6fc178d5-6093-405d-a0c6-72e9c9174b67/ https://minutesof.com/q/6fc178d5-6093-405d-a0c6-72e9c9174b67/ “Central banks today are confronting an increasingly complex environment shaped by repeated supply shocks, geopolitical uncertainty, and rapid advances in artificial intelligence and payments technologies.” — John Williams, NY Fed speeches ai https://minutesof.com/q/ecd09b44-67b7-4494-978c-8c8fe2c0025e/ https://minutesof.com/q/ecd09b44-67b7-4494-978c-8c8fe2c0025e/ “I am confident that these investments will support strong productivity growth in coming years. But, right now, we’re in a race between available supply and surging demand.” — John Williams, NY Fed speeches ai https://minutesof.com/q/269052a3-894a-43ca-a4bb-419e37ce7d80/ https://minutesof.com/q/269052a3-894a-43ca-a4bb-419e37ce7d80/ “This is the critical shift: We are no longer simply using technology to manage risk—we are using technology that is actively shaping how we perceive and interpret risk.” — John Williams, NY Fed speeches ai https://minutesof.com/q/e25e50f1-8ef4-4a27-ad42-8fd3ad3dfa5e/ https://minutesof.com/q/e25e50f1-8ef4-4a27-ad42-8fd3ad3dfa5e/ “Something may get through. But once it gets through, what have you built in terms of resilience and the ability to recover and restore operations?” — H.R. McMaster, Forbes Breaking News Fri, 31 Jul 2026 23:45:16 +0000 ai https://minutesof.com/q/24d6ed67-b215-4f75-8cd7-aec4bc4a8921/ https://minutesof.com/q/24d6ed67-b215-4f75-8cd7-aec4bc4a8921/ “groundbreaking demonstration of combination of alpha fold, what's called directed evolution, where you change the order of the DNA that changes the structure of the protein to test different proteins, do high throughput screening, and ultimately make a novel protein that doesn't exist in nature today” — David Friedberg, All-In Podcast Sat, 18 Jul 2026 00:54:40 +0000 ai https://minutesof.com/q/d64646aa-ccd0-44bb-8d52-d2c034178898/ https://minutesof.com/q/d64646aa-ccd0-44bb-8d52-d2c034178898/ “And they made hundreds and then thousands of variants of it to measure activity, which is how good is it at breaking down the CML.” — David Friedberg, All-In Podcast Sat, 18 Jul 2026 00:54:40 +0000 ai https://minutesof.com/q/bded6996-5805-4025-ac81-d5f3dc6e1ad6/ https://minutesof.com/q/bded6996-5805-4025-ac81-d5f3dc6e1ad6/ “And when you take a look at those businesses as a modern day AI operator, you're like, what the hell?” — David Friedberg, All-In Podcast Sat, 18 Jul 2026 00:54:40 +0000 ai https://minutesof.com/q/375ff96b-275b-4fb9-b42b-c46c8c092046/ https://minutesof.com/q/375ff96b-275b-4fb9-b42b-c46c8c092046/ “And when you take a look at those businesses as a modern day AI operator, you're like, what the hell? This thing is so underutilized.” — David Friedberg, All-In Podcast Sat, 18 Jul 2026 00:54:40 +0000 ai https://minutesof.com/q/c727c5c6-f418-4490-a239-27b96cf08737/ https://minutesof.com/q/c727c5c6-f418-4490-a239-27b96cf08737/ “And if you are the most AI productive human in your field, you're not getting fired. Like, you're you're the one they're asking all the questions of.” — Bill Gurley, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 ai https://minutesof.com/q/2e318d61-d081-48e4-8f57-bdcdd58d0dd3/ https://minutesof.com/q/2e318d61-d081-48e4-8f57-bdcdd58d0dd3/ “And if you are the most AI productive human in your field, you're not getting fired. Like, you're you're the one they're asking all the questions of. Like, what's this capable of?” — Bill Gurley, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 ai https://minutesof.com/q/63703631-a706-485d-9fec-eed78dac23c2/ https://minutesof.com/q/63703631-a706-485d-9fec-eed78dac23c2/ “For that person, AI is a jetpack. Like they can now do more things faster than they wanted to do, and they can achieve more than they were able to before.” — Bill Gurley, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 ai https://minutesof.com/q/79e46948-e35b-467d-9f50-5fc69f6cc495/ https://minutesof.com/q/79e46948-e35b-467d-9f50-5fc69f6cc495/ “I think the thing that's different is that intelligence is the largest TAM we've ever seen in the history of the world.” — Brad Gerstner, All-In Podcast Sat, 11 Jul 2026 16:00:19 +0000 ai https://minutesof.com/q/910160e0-ae68-4264-9d50-26e0d7cbd109/ https://minutesof.com/q/910160e0-ae68-4264-9d50-26e0d7cbd109/ “If if I ask you to compete with a farmer that has modern farming equipment and I give you a shovel and a hoe and an oxen, there's zero chance you're gonna be competitive.” — Bill Gurley, Jackson Square Ventures Book Club Wed, 08 Jul 2026 23:30:51 +0000 ai https://minutesof.com/q/15bb1fb6-8220-47fb-9aae-9dc1eb91e618/ https://minutesof.com/q/15bb1fb6-8220-47fb-9aae-9dc1eb91e618/ “The biggest problem is if you're a AI skeptic because you're never trying to figure that out. And the truth of the matter is humans have evolved with their tools forever.” — Bill Gurley, Jackson Square Ventures Book Club Wed, 08 Jul 2026 23:30:51 +0000 ai https://minutesof.com/q/e480481d-3182-43ab-a74e-6143ac364723/ https://minutesof.com/q/e480481d-3182-43ab-a74e-6143ac364723/ “And I mean so at this recent TED, I just went to Neil Cotyal who argued the supreme court case on the tariffs and won.” — Bill Gurley, Jackson Square Ventures Book Club Wed, 08 Jul 2026 23:30:51 +0000 ai https://minutesof.com/q/3713bce4-ca87-4ddf-bfca-95b0e709fc17/ https://minutesof.com/q/3713bce4-ca87-4ddf-bfca-95b0e709fc17/ “Mark Cuban said there are two types of people in this world, those that use LLMs to learn faster than they ever could before and those that use LLMs to skip learning altogether.” — Bill Gurley, Jackson Square Ventures Book Club Wed, 08 Jul 2026 23:30:51 +0000 ai https://minutesof.com/q/77ad29f9-22f9-4030-a35b-3faa4b5507da/ https://minutesof.com/q/77ad29f9-22f9-4030-a35b-3faa4b5507da/ “you could use AI and just imagine yourself in a career for a week. Like, cause you could just talk to AI every day.” — Bill Gurley, Jackson Square Ventures Book Club Wed, 08 Jul 2026 23:30:51 +0000 ai https://minutesof.com/q/92c8f11c-3e80-4ba8-9041-57c9ce86cb86/ https://minutesof.com/q/92c8f11c-3e80-4ba8-9041-57c9ce86cb86/ “Monopoly Go is a game where we have the revenue and the hours played and it is to render it using list prices for something like VEO3 is more than two orders of magnitude greater than its revenue. So what is the role for human creativity, man? I don't know.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 ai https://minutesof.com/q/f9d8be14-a3e0-4d46-93f0-a74b86319592/ https://minutesof.com/q/f9d8be14-a3e0-4d46-93f0-a74b86319592/ “AI, even if you put a harness on it, even if you do the chain of thought, even if you have multiple agents, it's probabilistic that it is recomputing the answer each time.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 ai https://minutesof.com/q/cf0664cd-4be9-48d0-b17c-787e1d380449/ https://minutesof.com/q/cf0664cd-4be9-48d0-b17c-787e1d380449/ “And the nature of AI just as AI eats the world, silicon is going to eat the world because it's so much more computationally intensive than deterministic software written by humans.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 ai https://minutesof.com/q/253cd136-c2ae-463c-993b-e953ec41d7ac/ https://minutesof.com/q/253cd136-c2ae-463c-993b-e953ec41d7ac/ “But they're just not going to and the TSM executives are the people who met with Sam Altman, and they dismissed him as a podcast pro.” — Gavin Baker, Generating Alpha Podcast Wed, 08 Jul 2026 15:54:53 +0000 ai https://minutesof.com/q/70342b72-757d-4742-9428-ab160df3adc6/ https://minutesof.com/q/70342b72-757d-4742-9428-ab160df3adc6/ “Owning some shares in SpaceX, in Google, in OpenAI, and in Thropping. And all these companies that we're talking about, this is step one. Remember, this is a journey that will last decades,” — Brad Gerstner, CNBC Television Thu, 02 Jul 2026 19:39:39 +0000 ai https://minutesof.com/q/bdcca5ad-82aa-4024-bb64-a4a2ba8d4629/ https://minutesof.com/q/bdcca5ad-82aa-4024-bb64-a4a2ba8d4629/ “I think it was probably the next best lab in the country beyond the Frontier Labs. We thought this company could get to 10,000,000,000 in revenue on its own this year.” — Brad Gerstner, Altimeter Capital Mon, 15 Jun 2026 20:55:26 +0000 ai https://minutesof.com/q/efb878ef-34a1-4337-b1ae-2fb1f4a951ba/ https://minutesof.com/q/efb878ef-34a1-4337-b1ae-2fb1f4a951ba/ “This is the hardest thing I think I've ever seen in the investment world because of this enormous degree of uncertainty.” — Howard Marks, Prof G Markets Fri, 12 Jun 2026 11:00:07 +0000 ai https://minutesof.com/q/ff90aee0-eaa9-45e9-86bc-4c6d98a0c673/ https://minutesof.com/q/ff90aee0-eaa9-45e9-86bc-4c6d98a0c673/ “So I wrote in a memo recently this year, and I think it's true that if this technological innovation with its exuberance doesn't produce a money losing bubble, it'll be the first.” — Howard Marks, Prof G Markets Fri, 12 Jun 2026 11:00:07 +0000 ai https://minutesof.com/q/d6ea2caa-3f0e-4db8-9d73-5fe4e842e28f/ https://minutesof.com/q/d6ea2caa-3f0e-4db8-9d73-5fe4e842e28f/ “I've never heard anybody tell me exactly what AI will be able to do or when or for whom or how much profit it'll produce and for whom.” — Howard Marks, Prof G Markets Fri, 12 Jun 2026 11:00:07 +0000 ai https://minutesof.com/q/5a74db41-fe73-4bf3-8db5-0364c51b4091/ https://minutesof.com/q/5a74db41-fe73-4bf3-8db5-0364c51b4091/ “I don't think there's any scenario where you just do more for less and all of a sudden everyone has 70% operating margins. That's not gonna happen.” — Bill Gurley, All-In Podcast Fri, 29 May 2026 22:47:49 +0000 ai https://minutesof.com/q/edb26cd9-48f4-49df-9eea-1eb6a0f70327/ https://minutesof.com/q/edb26cd9-48f4-49df-9eea-1eb6a0f70327/ “I think they're midwifing a deity gear. And and I don't know which one I'm more afraid of, the regulatory capture or the second theory I call the Doctor. Frankenstein theory.” — Bill Gurley, All-In Podcast Fri, 29 May 2026 22:47:49 +0000 ai https://minutesof.com/q/d8f43153-a96f-4d3e-ad13-7cdcc5788d28/ https://minutesof.com/q/d8f43153-a96f-4d3e-ad13-7cdcc5788d28/ “I've never ever seen a company that is both leading their field and the most negatively outspoken commenter on what they do. I've just never seen it.” — Bill Gurley, All-In Podcast Fri, 29 May 2026 22:47:49 +0000 ai https://minutesof.com/q/32d33841-24df-470a-acdf-59cbce29a0fa/ https://minutesof.com/q/32d33841-24df-470a-acdf-59cbce29a0fa/ “I have to tell you that Anthropic is a mystery to me. I've never ever seen a company that is both leading their field and the most negatively outspoken commenter on what they do.” — Bill Gurley, All-In Podcast Fri, 29 May 2026 22:47:49 +0000 ai https://minutesof.com/q/20afd800-1c24-49bf-a53f-73f2a46e7faa/ https://minutesof.com/q/20afd800-1c24-49bf-a53f-73f2a46e7faa/ “And in the write up for the for the model, they said, basically, in English, AI, the model helped us design the model.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/7a6a1968-0804-46e4-81d8-b253c4fb0c5d/ https://minutesof.com/q/7a6a1968-0804-46e4-81d8-b253c4fb0c5d/ “It's gonna take on work we didn't think it could do, and it and and it's gonna operate, at some point in time without instruction.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/4a1f450b-a2bb-4005-a592-a108df354a25/ https://minutesof.com/q/4a1f450b-a2bb-4005-a592-a108df354a25/ “AI, it's it's different. It's not just gonna do the job we used to do. It's gonna design new jobs. Mhmm. It's gonna assign new jobs.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/d3677ca1-e6af-4699-9a1a-72ff4e0bb67d/ https://minutesof.com/q/d3677ca1-e6af-4699-9a1a-72ff4e0bb67d/ “Mhmm. So you might say it'll catch up, but I think you could I think at minimum, you're talking about a significant period of dislocation.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/fa7a9be4-f75f-4428-8729-d75d8a50608e/ https://minutesof.com/q/fa7a9be4-f75f-4428-8729-d75d8a50608e/ “I think innovation, I think if you look at the Claude and all the coding models and the way they've progressed and the way and the way Anthropix revenues have progressed, I think you have to say that this is faster than anything we've ever seen before.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/c72b430c-b8d7-471e-8b22-b7748216d7bc/ https://minutesof.com/q/c72b430c-b8d7-471e-8b22-b7748216d7bc/ “So it writes me back, and it says, do you want me to be hypercritical or hypocritical?” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/84e9ef85-92bc-47e5-910a-2a6c6257c7ec/ https://minutesof.com/q/84e9ef85-92bc-47e5-910a-2a6c6257c7ec/ “So it writes me back, and it says, do you want me to be hypercritical or hypocritical? It's making a joke.” — Howard Marks, Oaktree Tue, 26 May 2026 23:26:41 +0000 ai https://minutesof.com/q/b32b5e45-ab6f-4748-bcad-62727d94ff2f/ https://minutesof.com/q/b32b5e45-ab6f-4748-bcad-62727d94ff2f/ “Continual learning is a model that dynamically adjusts its weights or adjusts in some way in real time.” — Gavin Baker, Invest Like the Best Wed, 20 May 2026 08:00:00 +0000 ai https://minutesof.com/q/435fa68a-bc00-41d2-8593-07086bc9a2e3/ https://minutesof.com/q/435fa68a-bc00-41d2-8593-07086bc9a2e3/ “Dario, the guy leading a company that's raising billions of dollars and cashing out billions in secondary to his employees is simultaneously the top cheerleader and the top doomer.” — Bill Gurley, Bill Gurley Fri, 15 May 2026 23:32:47 +0000 ai https://minutesof.com/q/628ae1b7-efd9-4bb2-88c8-c87fd48cdd1b/ https://minutesof.com/q/628ae1b7-efd9-4bb2-88c8-c87fd48cdd1b/ “For people that have high agency and want to learn, there's never been a time in the history of the world where that is as easy and free as it is today.” — Bill Gurley, Bill Gurley Fri, 15 May 2026 23:32:47 +0000 ai https://minutesof.com/q/b928c5c8-f58e-474c-a29c-6bd0c80fd9f5/ https://minutesof.com/q/b928c5c8-f58e-474c-a29c-6bd0c80fd9f5/ “most people that live in Silicon Valley just have this innate FOMO built into them about what's next.” — Bill Gurley, Bill Gurley Fri, 15 May 2026 23:32:47 +0000 ai https://minutesof.com/q/cbc020bc-17a7-40f2-974a-e79a4460b2c1/ https://minutesof.com/q/cbc020bc-17a7-40f2-974a-e79a4460b2c1/ “Well guess what like three years ago he wasn't an AI expert but he became one.” — Bill Gurley, Bill Gurley Fri, 15 May 2026 23:32:47 +0000 ai https://minutesof.com/q/faf2901e-7c97-4bf1-962f-69b5efbd3d5c/ https://minutesof.com/q/faf2901e-7c97-4bf1-962f-69b5efbd3d5c/ “Software stocks have reverted from a decade long superior multiple to the market to a market multiple.” — Brad Gerstner, Altimeter Capital Fri, 15 May 2026 20:31:59 +0000 ai https://minutesof.com/q/108fa4fc-95f6-46b6-b83f-019d063ae52f/ https://minutesof.com/q/108fa4fc-95f6-46b6-b83f-019d063ae52f/ “There is no intelligence. There's no consumer chat GPT. There's no enterprise intelligence. There's no clawed code without the production of tokens.” — Brad Gerstner, Altimeter Capital Fri, 15 May 2026 20:31:59 +0000 ai https://minutesof.com/q/fc1a511d-12dd-40f9-b6aa-909b0296d8ec/ https://minutesof.com/q/fc1a511d-12dd-40f9-b6aa-909b0296d8ec/ “And there's an implicit threat that, at least at SoftBank, Masa was very direct about and not implicit. That if you don't take it, I'll give it to your competitor.” — Bill Gurley, MIT Sloan VCPE Mon, 11 May 2026 19:59:13 +0000 ai https://minutesof.com/q/61aef15b-e837-4b5b-a22d-198c91f9157c/ https://minutesof.com/q/61aef15b-e837-4b5b-a22d-198c91f9157c/ “On new Blackwell chips. We got Vera Rubin rolling out later this year. Notwithstanding all of the noise in the market,” — Brad Gerstner, CNBC Television Mon, 04 May 2026 19:16:21 +0000 ai https://minutesof.com/q/7733a983-4965-4bf3-8f33-e91c6ac63172/ https://minutesof.com/q/7733a983-4965-4bf3-8f33-e91c6ac63172/ “Are some AI models smarter than others? Since they all have super IQs, computing power, and they all are trained on the same history, are some smarter than others?” — Howard Marks, Nikhil Kamath Mon, 04 May 2026 14:30:01 +0000 ai https://minutesof.com/q/7848f479-752a-408e-9567-beda5ec890b8/ https://minutesof.com/q/7848f479-752a-408e-9567-beda5ec890b8/ “Can AI sit down with five business plans and figure out which one is Amazon? Can AI sit down with five CEOs and figure out which one is Steve Jobs.” — Howard Marks, Nikhil Kamath Mon, 04 May 2026 14:30:01 +0000 ai https://minutesof.com/q/f5741cb6-70f3-4781-9b64-e6ab061e6386/ https://minutesof.com/q/f5741cb6-70f3-4781-9b64-e6ab061e6386/ “I think there was someone at TED talking about the fact that the number of radiologists has gone up, not down, despite the fact that you can read these things so much faster.” — Bill Gurley, Forbes Tue, 21 Apr 2026 23:11:11 +0000 ai https://minutesof.com/q/5595f074-745a-4d7b-8b44-e30b60648589/ https://minutesof.com/q/5595f074-745a-4d7b-8b44-e30b60648589/ “He's just always right there as the thing changes and on top of the next thing.” — Bill Gurley, Forbes Tue, 21 Apr 2026 23:11:11 +0000 ai https://minutesof.com/q/1f7d4144-3e24-4d24-a1ad-f7ca508e5b61/ https://minutesof.com/q/1f7d4144-3e24-4d24-a1ad-f7ca508e5b61/ “And and the government, in theory, can make up the paycheck, but they can't make up the sense of purpose and the reason to get out of bed and the structure for your day.” — Howard Marks, CNBC Television Mon, 20 Apr 2026 17:53:37 +0000 ai https://minutesof.com/q/f408adef-241d-422c-8719-282f03062235/ https://minutesof.com/q/f408adef-241d-422c-8719-282f03062235/ “Because if you're public and you are concentrated in enterprise software, the stocks are down 6070%.” — Marc Rowan, CNBC Events Thu, 16 Apr 2026 13:25:25 +0000 ai https://minutesof.com/q/ea5fa7dc-1084-493b-bd85-bfea99915f0e/ https://minutesof.com/q/ea5fa7dc-1084-493b-bd85-bfea99915f0e/ “we're seeing, this technology shift take place at a point in time when the private equity industry spent a decade where 30% of their activity was enterprise software. That to me is the story.” — Marc Rowan, CNBC Television Wed, 15 Apr 2026 15:43:40 +0000 ai https://minutesof.com/q/c7a20d99-7f3c-4d67-8c3c-0e5297935a61/ https://minutesof.com/q/c7a20d99-7f3c-4d67-8c3c-0e5297935a61/ “AI seems to be solving that problem because they're now using AI to train the control of the magnetic fields in a way that's working.” — David Friedberg, Chris Williamson Mon, 13 Apr 2026 15:00:13 +0000 ai https://minutesof.com/q/b7045076-603b-4c26-984a-54f91fc6ea97/ https://minutesof.com/q/b7045076-603b-4c26-984a-54f91fc6ea97/ “there's rumors today of a $30,000,000,000 investment from Nvidia into OpenAi on top of everything they've already already raised and spent.” — Bill Gurley, Metis Strategy Fri, 10 Apr 2026 07:00:00 +0000 ai https://minutesof.com/q/4869c3d0-0043-4407-9bc4-53ad3b71d2f7/ https://minutesof.com/q/4869c3d0-0043-4407-9bc4-53ad3b71d2f7/ “And so, there's rumors today of a $30,000,000,000 investment from Nvidia into OpenAi on top of everything they've already already raised and spent.” — Bill Gurley, Metis Strategy Fri, 10 Apr 2026 07:00:00 +0000 ai https://minutesof.com/q/2349db67-caed-4da5-a643-a91df3d9302b/ https://minutesof.com/q/2349db67-caed-4da5-a643-a91df3d9302b/ “I think you're those are the people, oddly enough, that are kinda sitting ducks for this new technology that's coming along.” — Bill Gurley, Aaron Lazar: Impossible Dreams Tue, 31 Mar 2026 13:00:15 +0000 ai https://minutesof.com/q/7855103f-8b8e-4a6f-9410-140117b2eb79/ https://minutesof.com/q/7855103f-8b8e-4a6f-9410-140117b2eb79/ “The way you're differentiating yourself is what's out on the edge of that field. And that's the last thing the AI is coming after.” — Bill Gurley, Aaron Lazar: Impossible Dreams Tue, 31 Mar 2026 13:00:15 +0000 ai https://minutesof.com/q/8104ccc3-d295-400e-9ca5-a0e8f9f8f923/ https://minutesof.com/q/8104ccc3-d295-400e-9ca5-a0e8f9f8f923/ “And it's the subtle nuance in any field that's not baked into the LLM models. And so this is where I go back to this notion as an artisan.” — Bill Gurley, Aaron Lazar: Impossible Dreams Tue, 31 Mar 2026 13:00:15 +0000 ai https://minutesof.com/q/8e3cc1f1-9409-4582-93dc-1b8c3f4d16bd/ https://minutesof.com/q/8e3cc1f1-9409-4582-93dc-1b8c3f4d16bd/ “What AI does is it allows humans to reach their true potential Yeah. As a human.” — David Friedberg, Suffiyan Malik Fri, 27 Mar 2026 00:34:36 +0000 ai https://minutesof.com/q/738b9ec9-7e12-4b3c-988c-3b8f5dcdb965/ https://minutesof.com/q/738b9ec9-7e12-4b3c-988c-3b8f5dcdb965/ “Practically no one is reaching their potential. Yeah. What AI does is it allows humans to reach their true potential Yeah. As a human.” — David Friedberg, Suffiyan Malik Fri, 27 Mar 2026 00:34:36 +0000 ai https://minutesof.com/q/58f0f56d-17ce-47d4-91a0-7a055b61d754/ https://minutesof.com/q/58f0f56d-17ce-47d4-91a0-7a055b61d754/ “There's never been an empire that's been in the late stage that suddenly got a technology like AI.” — David Friedberg, Suffiyan Malik Fri, 27 Mar 2026 00:34:36 +0000 ai https://minutesof.com/q/72fb6e8e-f76a-452e-8beb-86af85241468/ https://minutesof.com/q/72fb6e8e-f76a-452e-8beb-86af85241468/ “in the past five weeks, the valuations on the non AI companies have been cut in half and so that mentality is gonna be reinforced even more and so there's just no oxygen.” — Bill Gurley, School of Hard Knocks Podcast Thu, 26 Mar 2026 21:34:25 +0000 ai https://minutesof.com/q/c7b90370-c001-428b-afdc-c9e23cfb21b2/ https://minutesof.com/q/c7b90370-c001-428b-afdc-c9e23cfb21b2/ “98% of venture capitalists are only looking at AI and they're AI all day long, they don't wanna see another business and and and in the past five weeks, the valuations on the non AI companies have been cut in half and so that mentality is gonna be reinforced even more and so there's just no oxygen.” — Bill Gurley, School of Hard Knocks Podcast Thu, 26 Mar 2026 21:34:25 +0000 ai https://minutesof.com/q/1903222d-7b84-4e37-8842-0ccc87468827/ https://minutesof.com/q/1903222d-7b84-4e37-8842-0ccc87468827/ “98% of venture capitalists are only looking at AI and they're AI all day long, they don't wanna see another business and and and in the past five weeks, the valuations on the non AI companies have been cut in half” — Bill Gurley, School of Hard Knocks Podcast Thu, 26 Mar 2026 21:34:25 +0000 ai https://minutesof.com/q/5b15d55b-3653-430e-9c44-998df322fb39/ https://minutesof.com/q/5b15d55b-3653-430e-9c44-998df322fb39/ “From where I sit, 98% of venture capitalists are only looking at AI and they're AI all day long, they don't wanna see another business” — Bill Gurley, School of Hard Knocks Podcast Thu, 26 Mar 2026 21:34:25 +0000 ai https://minutesof.com/q/ae93d8f1-76ae-4595-b625-f12f9d452afc/ https://minutesof.com/q/ae93d8f1-76ae-4595-b625-f12f9d452afc/ “Because picking the best managers requires an intuition and a subjective feel that I would be surprised to learn that AI can be very good at.” — Howard Marks, Oaktree Tue, 24 Mar 2026 14:08:16 +0000 ai https://minutesof.com/q/3a0a77f4-43be-4961-a551-ee04b6f7c481/ https://minutesof.com/q/3a0a77f4-43be-4961-a551-ee04b6f7c481/ “40% of the workforce gone in one day because AI could do the work cheaper and faster. So how many people in the world understand the potential import of that?” — Howard Marks, Bloomberg Television Wed, 18 Mar 2026 17:49:13 +0000 ai https://minutesof.com/q/35ef7d2a-6017-4720-af28-bdffe9c01afb/ https://minutesof.com/q/35ef7d2a-6017-4720-af28-bdffe9c01afb/ “the changes that are underway today, and in particular the introduction of AI, render the world much less predictable than at any time, probably any time ever, and certainly any time in my lifetime.” — Howard Marks, Bloomberg Television Wed, 18 Mar 2026 17:49:13 +0000 ai https://minutesof.com/q/ff4d9691-5eac-45b3-bf1c-3339d21fdcbd/ https://minutesof.com/q/ff4d9691-5eac-45b3-bf1c-3339d21fdcbd/ “the, the methodology in my book, the, the AI tools that are out there for learning and connecting have never been this is the best time in the history of the world to go chase your dreams.” — Bill Gurley, Anthony Scaramucci Tue, 17 Mar 2026 16:00:20 +0000 ai https://minutesof.com/q/375c0aa5-584c-4c43-8505-5984f1b4c30d/ https://minutesof.com/q/375c0aa5-584c-4c43-8505-5984f1b4c30d/ “He said, there are two types of people in the world, those that use LLMs to learn faster and even more, and those that use LLMs to avoid learning.” — Bill Gurley, Anthony Scaramucci Tue, 17 Mar 2026 16:00:20 +0000 ai https://minutesof.com/q/f1238b1e-5a1c-48f9-9e94-bd4b0743eaeb/ https://minutesof.com/q/f1238b1e-5a1c-48f9-9e94-bd4b0743eaeb/ “Or do you think of, and I would say the best in those And fields probably so what is it they do? They understand nuance in their field quite a bit.” — Bill Gurley, Silicon Valley Girl Clips Mon, 16 Mar 2026 13:01:05 +0000 ai https://minutesof.com/q/925bffd1-ef75-438a-8aca-04bb8d84d261/ https://minutesof.com/q/925bffd1-ef75-438a-8aca-04bb8d84d261/ “I have this interesting theory where almost any job you could think of it as being an artisan.” — Bill Gurley, Silicon Valley Girl Clips Mon, 16 Mar 2026 13:01:05 +0000 ai https://minutesof.com/q/1335ce6e-4221-43bd-b65e-f5166025c69c/ https://minutesof.com/q/1335ce6e-4221-43bd-b65e-f5166025c69c/ “And in reading through that list, I noticed that eight or nine of the 10 took an orthogonal direction to the book, so it didn't summarize.” — Bill Gurley, Chris Williamson Sat, 14 Mar 2026 15:00:16 +0000 ai https://minutesof.com/q/f3dad23e-927a-4faf-8403-8b8b1bc3cfd7/ https://minutesof.com/q/f3dad23e-927a-4faf-8403-8b8b1bc3cfd7/ “We're at the we're in the first inning of a very long unpredictable game. We don't know what the rules are or or have any idea how many innings there are in the game.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/eb100222-a82f-46c9-ac2b-18f80d5dc74c/ https://minutesof.com/q/eb100222-a82f-46c9-ac2b-18f80d5dc74c/ “We're at the we're in the first inning of a very long unpredictable game. We don't know what the rules are or or have any idea how many innings there are” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/f1c96d04-4b75-4e18-b602-59c0af6c1688/ https://minutesof.com/q/f1c96d04-4b75-4e18-b602-59c0af6c1688/ “I would say if you think you know what's gonna happen, you don't know understand what's going on.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/e0738fd2-992a-4f2f-953e-3dceeb6a4864/ https://minutesof.com/q/e0738fd2-992a-4f2f-953e-3dceeb6a4864/ “I would say if you think you know what's gonna happen, you don't know understand what's going on. We're at the we're in the first inning of a very long unpredictable game.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/11062a4c-cd6d-4469-ba9c-a0712af200bc/ https://minutesof.com/q/11062a4c-cd6d-4469-ba9c-a0712af200bc/ “I think it was Walter Cronkite who said if you're not confused, you don't know what's going on. I would say if you think you know what's gonna happen,” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/90dcd68e-dc0f-4973-aebd-6bdcf011bb17/ https://minutesof.com/q/90dcd68e-dc0f-4973-aebd-6bdcf011bb17/ “one of my concerns is that AI moves faster than the ability of society to adjust to it. And that and that is a formula for disruption.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/bb61e436-2a86-4fae-9814-5a87609bf7a8/ https://minutesof.com/q/bb61e436-2a86-4fae-9814-5a87609bf7a8/ “So one of my concerns is that AI moves faster than the ability of society to adjust to it. And that and that is a formula for disruption.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/9e5df2e7-0b2f-4ce5-9467-4812f1737ed0/ https://minutesof.com/q/9e5df2e7-0b2f-4ce5-9467-4812f1737ed0/ “And you we saw Friday block 10,000 employees, let 40%, 4,000 people let go in one go, who who aren't needed anymore because AI can do it better and cheaper and faster.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/1c5a430a-2728-46bb-bbf9-320c48ff85ad/ https://minutesof.com/q/1c5a430a-2728-46bb-bbf9-320c48ff85ad/ “Clearly, it can eliminate a a huge percentage of of knowledge work. And you we saw Friday block 10,000 employees, let 40%, 4,000 people let go” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/5cd43cb3-fc2a-4250-b540-e5d60d9fb0f3/ https://minutesof.com/q/5cd43cb3-fc2a-4250-b540-e5d60d9fb0f3/ “OpenAI brought out a new model. And in the descriptive materials, they said that the that the model helped build the model, which is really eye opening.” — Howard Marks, CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 ai https://minutesof.com/q/1a12e93a-ad89-4cbb-b50f-13fa477ab793/ https://minutesof.com/q/1a12e93a-ad89-4cbb-b50f-13fa477ab793/ “And if you have 10 companies all doing open source, the minute an idea is shared, it's available to the other 10, and they absorb it immediately.” — Bill Gurley, BigDeal by Codie Sanchez Wed, 04 Mar 2026 15:00:36 +0000 ai https://minutesof.com/q/bdbc0ac3-335c-4534-ab90-629bf0b1529d/ https://minutesof.com/q/bdbc0ac3-335c-4534-ab90-629bf0b1529d/ “For that individual, is AI a threat or is it a jetpack? I actually think it's a jetpack because now I can go learn about anything I want.” — Bill Gurley, BigDeal by Codie Sanchez Wed, 04 Mar 2026 15:00:36 +0000 ai https://minutesof.com/q/caa98154-105e-4482-8dde-375c72e067f6/ https://minutesof.com/q/caa98154-105e-4482-8dde-375c72e067f6/ “I think those people, AI is a huge threat because they're like, they don't really know why they're there.” — Bill Gurley, BigDeal by Codie Sanchez Wed, 04 Mar 2026 15:00:36 +0000 ai https://minutesof.com/q/972f8563-02fc-4bf5-88d4-438f4ab3b946/ https://minutesof.com/q/972f8563-02fc-4bf5-88d4-438f4ab3b946/ “some woman left OpenAI, started a company called Thinking Machine Labs, went out to raise money, and she said this company is going to engage in AI, but I can't tell you what we're going to do. It's a secret. And people gave her $2,000,000,000 for a sixth of the company.” — Howard Marks, Pepperdine University Mon, 02 Mar 2026 19:34:48 +0000 ai https://minutesof.com/q/115921b9-8451-43d9-bef1-5283c15e4b26/ https://minutesof.com/q/115921b9-8451-43d9-bef1-5283c15e4b26/ “The the people that use LLMs to learn faster and the people that use LLMs to not learn at all. I thought that was profound.” — Bill Gurley, Commonwealth Club World Affairs of California Mon, 02 Mar 2026 17:48:19 +0000 ai https://minutesof.com/q/c56db1eb-8fb8-40d3-a029-f506fb068417/ https://minutesof.com/q/c56db1eb-8fb8-40d3-a029-f506fb068417/ “Mark Cuban the other day tweeted, he said he said there's two types of people. The the people that use LLMs to learn faster and the people that use LLMs to not learn at all.” — Bill Gurley, Commonwealth Club World Affairs of California Mon, 02 Mar 2026 17:48:19 +0000 ai https://minutesof.com/q/ad682a9f-d25d-42f4-82c8-b189e1b608f6/ https://minutesof.com/q/ad682a9f-d25d-42f4-82c8-b189e1b608f6/ “if there are 40 people in your org all doing the same thing, and you understand how AI affects that role more than the rest of them, you're not getting laid off.” — Bill Gurley, Commonwealth Club World Affairs of California Mon, 02 Mar 2026 17:48:19 +0000 ai https://minutesof.com/q/d485ee07-a5c6-4807-82f2-90f6d3462741/ https://minutesof.com/q/d485ee07-a5c6-4807-82f2-90f6d3462741/ “in any role in any field, be the most AI enabled version of yourself you can possibly be. There's tons of anthropologists that have written about how we evolve with our tools.” — Bill Gurley, Commonwealth Club World Affairs of California Mon, 02 Mar 2026 17:48:19 +0000 ai https://minutesof.com/q/580a1c41-7aa9-4ac2-806a-f5ebc5f6acb0/ https://minutesof.com/q/580a1c41-7aa9-4ac2-806a-f5ebc5f6acb0/ “One, in any role in any field, be the most AI enabled version of yourself you can possibly be.” — Bill Gurley, Commonwealth Club World Affairs of California Mon, 02 Mar 2026 17:48:19 +0000 ai https://minutesof.com/q/a30a1c29-6df9-4dd5-a542-e00e3ff8c561/ https://minutesof.com/q/a30a1c29-6df9-4dd5-a542-e00e3ff8c561/ “The overarching theme now for two years at Altimeter is we wanna be positively correlated to improvements in intelligence.” — Brad Gerstner, Fox Business Mon, 02 Mar 2026 03:00:34 +0000 ai https://minutesof.com/q/9592cbe3-238d-4085-a82d-e3bc436c5f4a/ https://minutesof.com/q/9592cbe3-238d-4085-a82d-e3bc436c5f4a/ “I've lived through four, the Internet, cloud computing, mobile computing, and now we're entering the age of AI. It will be bigger than the Internet itself.” — Brad Gerstner, Fox Business Mon, 02 Mar 2026 03:00:34 +0000 ai https://minutesof.com/q/0c8bc270-d6cb-4864-b503-8419ab63acb2/ https://minutesof.com/q/0c8bc270-d6cb-4864-b503-8419ab63acb2/ “I think this could even happen with AI models where there's a fence around America and China's serving the rest of the world.” — Bill Gurley, On with Kara Swisher Thu, 26 Feb 2026 15:18:55 +0000 ai https://minutesof.com/q/07fe252d-9546-46a1-abc7-fc9c55ad9be5/ https://minutesof.com/q/07fe252d-9546-46a1-abc7-fc9c55ad9be5/ “Like if this technology has the ability to impact your industry, you need to know about it.” — Bill Gurley, On with Kara Swisher Thu, 26 Feb 2026 15:18:55 +0000 ai https://minutesof.com/q/05f6eec2-bccf-4a48-b537-bdf45a848d01/ https://minutesof.com/q/05f6eec2-bccf-4a48-b537-bdf45a848d01/ “Or do you want to invest in a great tech company, which is already existing and making a lot of money where AI could be incremental, but not life changing?” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/45757099-7e4d-47d4-8b48-eb34bc6ce2c0/ https://minutesof.com/q/45757099-7e4d-47d4-8b48-eb34bc6ce2c0/ “If different companies are competing to provide the AI service, maybe they'll compete on price to the point where it's not profitable for them.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/538f76b7-6853-4262-9a53-f082056d956f/ https://minutesof.com/q/538f76b7-6853-4262-9a53-f082056d956f/ “To whom will the savings accrue? If different companies are competing to provide the AI service, maybe they'll compete on price to the point where it's not profitable for them.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/1766defe-a210-445f-8840-64bca5ff19b0/ https://minutesof.com/q/1766defe-a210-445f-8840-64bca5ff19b0/ “And obviously if you can produce The US GDP and eliminate half the entry level jobs, it could be more profitable or certainly more productive.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/b8de4185-9587-4979-b30a-f431f5f7446d/ https://minutesof.com/q/b8de4185-9587-4979-b30a-f431f5f7446d/ “You say that AI has the ability to eliminate half of entry level jobs. That was the whole conversation because then they cut to something else. But the point is that may be true.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/cd961138-5866-45b5-86d4-56a7a6f2b929/ https://minutesof.com/q/cd961138-5866-45b5-86d4-56a7a6f2b929/ “There's no doubt that the internet will produce a great increase in productivity. It's not clear that it'll have a positive impact on profitability. And I think the same is true of AI.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/0de0a86e-9b0d-4009-b8a5-435a5803d499/ https://minutesof.com/q/0de0a86e-9b0d-4009-b8a5-435a5803d499/ “There's no doubt that the internet will produce a great increase in productivity. It's not clear that it'll have a positive impact on profitability.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/af57e620-cfa5-49b3-8f31-2d2fe3bca123/ https://minutesof.com/q/af57e620-cfa5-49b3-8f31-2d2fe3bca123/ “I've never heard anybody tell me how AI is going to change the world. We know it's a powerful force. Can think, it can process data.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 ai https://minutesof.com/q/5d31e85a-0c95-434e-88c5-ad36bc813d20/ https://minutesof.com/q/5d31e85a-0c95-434e-88c5-ad36bc813d20/ “So every one of the most interesting AI categories, you may have to be willing to lose 1,000,000,000 a year just to compete” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 ai https://minutesof.com/q/cb183734-4890-424e-8f87-6914b43816b0/ https://minutesof.com/q/cb183734-4890-424e-8f87-6914b43816b0/ “now we're in a weird world where the amount of money that gets thrown at every project, I kind of lived through this with Uber Lyft because both companies had billions and billions of dollars” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 ai https://minutesof.com/q/4ce348b3-531e-4309-9f53-b6a1ddf1ec61/ https://minutesof.com/q/4ce348b3-531e-4309-9f53-b6a1ddf1ec61/ “And when we did at Uber, we had the same kind of burn rate, but Open the Eyes got a burn rate that's five times that size.” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 ai https://minutesof.com/q/05c761d6-a934-4ece-905b-072e062b6646/ https://minutesof.com/q/05c761d6-a934-4ece-905b-072e062b6646/ “at the end of the day, this is an economic war. Right? If The US and the West win in AI and control, you know, more powerful AI systems that have this feedback loop that improve economic growth and weapon systems and whatever else, right, engineering of grids and cyber attacks and all these sorts of things.” — Dylan Patel, The MAD Podcast with Matt Turck Thu, 05 Feb 2026 13:30:16 +0000 ai https://minutesof.com/q/0047d296-7de1-4260-bf65-8cefb5be9242/ https://minutesof.com/q/0047d296-7de1-4260-bf65-8cefb5be9242/ “90% of the companies that are down deserve to be down. Find the 10 that got thrown out with the bathwater. Find the 10%, right, that are going to benefit from AI.” — Brad Gerstner, CNBC Television Tue, 06 Jan 2026 18:27:14 +0000 ai https://minutesof.com/q/7020f7ae-9abe-4f37-a924-fba417a3573c/ https://minutesof.com/q/7020f7ae-9abe-4f37-a924-fba417a3573c/ “I could tell it what I want, And I can literally have it build a customer relationship management system for my business in about an hour.” — Brad Gerstner, CNBC Television Tue, 06 Jan 2026 18:27:14 +0000 ai https://minutesof.com/q/144ed357-e1fd-4b28-8dee-60a604810677/ https://minutesof.com/q/144ed357-e1fd-4b28-8dee-60a604810677/ “Wild. And by the way, I mean, not to divert too much back, but right now China has 10 open source AI models.” — Bill Gurley, Tim Ferriss Wed, 17 Dec 2025 16:45:52 +0000 ai https://minutesof.com/q/e91960f1-e867-4261-b7d8-8800785e0242/ https://minutesof.com/q/e91960f1-e867-4261-b7d8-8800785e0242/ “if you can produce The US GDP and eliminate half the entry level jobs, it could be more profitable or certainly more productive. But the question is, will it be more profitable?” — Howard Marks, The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 ai https://minutesof.com/q/4e58de77-4f33-48b0-a42b-9f893f49347a/ https://minutesof.com/q/4e58de77-4f33-48b0-a42b-9f893f49347a/ “There's no doubt that the Internet will produce a great increase in productivity. It's not clear that it'll have a positive impact on profitability. And I think the same is true of AI.” — Howard Marks, The Investor’s Podcast Sat, 13 Dec 2025 22:45:06 +0000 ai https://minutesof.com/q/8bfbd17b-1523-4e5f-bde3-aa92165c6333/ https://minutesof.com/q/8bfbd17b-1523-4e5f-bde3-aa92165c6333/ “And as I said in the addendum, When we lost jobs to automation and offshoring, I think that that coincided with the opiate epidemic and not only in amount but also in location.” — Howard Marks, Bloomberg Podcasts Thu, 11 Dec 2025 14:50:59 +0000 ai https://minutesof.com/q/f515ecef-2669-4383-989e-a1d63122bab4/ https://minutesof.com/q/f515ecef-2669-4383-989e-a1d63122bab4/ “And the question is, will the implementation prove to have been excessive in scope and in in the way it's financed?” — Howard Marks, Bloomberg Podcasts Thu, 11 Dec 2025 14:50:59 +0000 ai https://minutesof.com/q/a4e665dd-3663-4c29-8c75-622b18264f6c/ https://minutesof.com/q/a4e665dd-3663-4c29-8c75-622b18264f6c/ “I think that application SaaS companies are making the exact same mistake that brick and mortar retailers did with e commerce.” — Gavin Baker, Invest Like the Best Tue, 09 Dec 2025 15:05:00 +0000 ai https://minutesof.com/q/8eb07bfe-01aa-40a9-857d-dcf1bcbe4688/ https://minutesof.com/q/8eb07bfe-01aa-40a9-857d-dcf1bcbe4688/ “And that's important because no one on planet earth knows how or why scaling laws for pre training work. It's actually not a law.” — Gavin Baker, Invest Like the Best Tue, 09 Dec 2025 15:05:00 +0000 ai https://minutesof.com/q/51979602-4b9e-4e59-a51c-540b078fa3b8/ https://minutesof.com/q/51979602-4b9e-4e59-a51c-540b078fa3b8/ “They stated that unequivocally. And that's important because no one on planet earth knows how or why scaling laws for pre training work.” — Gavin Baker, Invest Like the Best Tue, 09 Dec 2025 15:05:00 +0000 ai https://minutesof.com/q/f725d6d8-7257-4187-b74c-e547d6f947bf/ https://minutesof.com/q/f725d6d8-7257-4187-b74c-e547d6f947bf/ “I was lucky enough that the day Chad GPT released, I released a post called that was about the training cost of GPT-three. It was just like a coincidence.” — Dylan Patel, Chris Best Substack Fri, 31 Oct 2025 18:23:40 +0000 ai https://minutesof.com/q/70800ca7-aaca-45bb-b128-a5925c5404e1/ https://minutesof.com/q/70800ca7-aaca-45bb-b128-a5925c5404e1/ “It's anywhere from 25% to 75 of the current quarter's economic growth. That's insane for The US.” — Dylan Patel, Chris Best Substack Fri, 31 Oct 2025 18:23:40 +0000 ai https://minutesof.com/q/b10288ed-374e-4451-b8b7-dccdad62176a/ https://minutesof.com/q/b10288ed-374e-4451-b8b7-dccdad62176a/ “it's a substantial fraction of economic growth, depending on who you ask. It's anywhere from 25% to 75 of the current quarter's economic growth. That's insane for The US.” — Dylan Patel, Chris Best Substack Fri, 31 Oct 2025 18:23:40 +0000 ai https://minutesof.com/q/2e67885f-bccb-4681-b79a-5907f5de92ae/ https://minutesof.com/q/2e67885f-bccb-4681-b79a-5907f5de92ae/ “is the phase shift associated with AI? Is the transformation of all computing with now computer assisted intelligence, is it as big as the Internet?” — Brad Gerstner, CNBC Television Wed, 15 Oct 2025 12:48:34 +0000 ai https://minutesof.com/q/5e0cc192-3d2d-4ea9-9757-8d22533e8427/ https://minutesof.com/q/5e0cc192-3d2d-4ea9-9757-8d22533e8427/ “But to me, it just hasn't this is a judgment call. And to me, it just hasn't reached that critical mass of mania.” — Howard Marks, CNBC Television Mon, 13 Oct 2025 16:15:11 +0000 ai https://minutesof.com/q/627d643b-04c0-4c40-b7da-6ee5409c34e2/ https://minutesof.com/q/627d643b-04c0-4c40-b7da-6ee5409c34e2/ “I think there's relatively little doubt that AI will change the world. And AI has been successful as an investment, and people are piling in,” — Howard Marks, CNBC Television Mon, 13 Oct 2025 16:15:11 +0000 ai https://minutesof.com/q/1fb3d2d9-50ad-4d59-9341-035352c7b2ed/ https://minutesof.com/q/1fb3d2d9-50ad-4d59-9341-035352c7b2ed/ “I think there's relatively little doubt that AI will change the world. And AI has been successful as an investment, and people are piling in, and there's some fear about being left out.” — Howard Marks, CNBC Television Mon, 13 Oct 2025 16:15:11 +0000 ai https://minutesof.com/q/ee221612-6fb6-4b8e-9cc4-b77f0adade2b/ https://minutesof.com/q/ee221612-6fb6-4b8e-9cc4-b77f0adade2b/ “And I don't detect that level of mania at this time, so I have not put the bubble label Right. On this on this incident.” — Howard Marks, CNBC Television Mon, 13 Oct 2025 16:15:11 +0000 ai https://minutesof.com/q/312f7e4b-2ac4-441d-9842-48da86db0817/ https://minutesof.com/q/312f7e4b-2ac4-441d-9842-48da86db0817/ “And I don't detect that level of mania at this time, so I have not put the bubble label Right.” — Howard Marks, CNBC Television Mon, 13 Oct 2025 16:15:11 +0000 ai https://minutesof.com/q/3eef95fa-429e-443d-8120-df5ebce68c74/ https://minutesof.com/q/3eef95fa-429e-443d-8120-df5ebce68c74/ “AI has already proved it can do it a hell of a lot better than the human being in in many, many cases, not every case.” — Sir Richard Dearlove, One Decision Thu, 25 Sep 2025 04:54:40 +0000 ai https://minutesof.com/q/7f827c56-7d08-4969-9c65-38317fd5f6f5/ https://minutesof.com/q/7f827c56-7d08-4969-9c65-38317fd5f6f5/ “I do own NVIDIA, but I go back and forth and back and forth a little bit, because I do, you know, I will trade a little bit.” — David Tepper, CNBC Television Thu, 18 Sep 2025 14:00:10 +0000 ai https://minutesof.com/q/4fb92128-e709-47f6-9e17-6527a7386ebd/ https://minutesof.com/q/4fb92128-e709-47f6-9e17-6527a7386ebd/ “Jensen Huang reminded us recently that 50% of the world's AI researchers are in China, and they're indeed innovating and not copying.” — Brad Gerstner, BG2 Pod Thu, 28 Aug 2025 23:39:23 +0000 ai https://minutesof.com/q/c5f66780-d7e1-4b21-9d13-444df206cd01/ https://minutesof.com/q/c5f66780-d7e1-4b21-9d13-444df206cd01/ “Today, it's 980,000,000,000,000 tokens. So from 9,000,000,000,000 to nine eighty, it's a 100 x increase in a year.” — Brad Gerstner, CNBC Television Thu, 28 Aug 2025 17:12:24 +0000 ai https://minutesof.com/q/1985298b-35b6-47bd-9bbe-070c98fdca51/ https://minutesof.com/q/1985298b-35b6-47bd-9bbe-070c98fdca51/ “if productivity for the next decade or so was about two and a half to three and a half percent per year, we could achieve substantial reductions in this key ratio of debt to GDP.” — Brad Gerstner, BG2 Pod Fri, 20 Jun 2025 00:11:39 +0000 ai https://minutesof.com/q/5e2d07c0-7fef-407b-ab7d-b61d9ace2621/ https://minutesof.com/q/5e2d07c0-7fef-407b-ab7d-b61d9ace2621/ “I saw a study that suggested that 40 to 50% of the AI researchers in The United States, our best researchers are Chinese.” — Brad Gerstner, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 ai https://minutesof.com/q/551539a9-4696-47ff-b640-c9235c059c6f/ https://minutesof.com/q/551539a9-4696-47ff-b640-c9235c059c6f/ “some people say 50% of AI researchers are of Chinese origin. And I believe now the patent count in AI coming out of China is larger than The US.” — Bill Gurley, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 ai https://minutesof.com/q/d8bc3b3c-6786-485f-ad97-a551d6ed0f2e/ https://minutesof.com/q/d8bc3b3c-6786-485f-ad97-a551d6ed0f2e/ “I did I saw some analysis from my team this week will post that OpenAI reached, you know, 400,000,000,000 annual searches, eight years faster than Google.” — Brad Gerstner, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 ai https://minutesof.com/q/fd5410f3-d8f3-4e95-8c4a-68082adc8050/ https://minutesof.com/q/fd5410f3-d8f3-4e95-8c4a-68082adc8050/ “first of all, they've only operated on US models. They're a wrapper company. They don't have a foundational model and and they've only operated on top of US models.” — Bill Gurley, BG2 Pod Thu, 22 May 2025 16:23:05 +0000 ai https://minutesof.com/q/e5fc3a38-581b-46c5-b596-5ebd1278ef6b/ https://minutesof.com/q/e5fc3a38-581b-46c5-b596-5ebd1278ef6b/ “Elon this week is saying, hey, need a terawatt of compute. Terawatt is roughly the power production or the electricity production capacity of the entire United States.” — David Friedberg, All-In Podcast Fri, 16 May 2025 05:57:14 +0000 ai https://minutesof.com/q/d2500cd8-f976-4aab-9d81-dd84e9b557e8/ https://minutesof.com/q/d2500cd8-f976-4aab-9d81-dd84e9b557e8/ “We just got back from DC. There is this hill and valley forum this week. Every single speech, every single talk, every conversation in the hallways was all about the energy demand coming from AI.” — David Friedberg, All-In Podcast Tue, 06 May 2025 22:48:17 +0000 ai https://minutesof.com/q/7739a783-dc39-45b7-bcdd-d9cd75a1a2f7/ https://minutesof.com/q/7739a783-dc39-45b7-bcdd-d9cd75a1a2f7/ “So in the next fifteen years, China is adding five Americas. Yes. In electricity production capacity.” — David Friedberg, All-In Podcast Tue, 06 May 2025 22:48:17 +0000 ai https://minutesof.com/q/f14b73e0-2ecf-47a5-95af-e918f8ca841e/ https://minutesof.com/q/f14b73e0-2ecf-47a5-95af-e918f8ca841e/ “OpenAI, you could see the pacing from the launch of their first consumer product relative to Google and Meta. Sarah just talked on CNBC last week, this year will be over $11,000,000,000” — Brad Gerstner, Upfront Ventures Thu, 13 Mar 2025 21:33:08 +0000 ai https://minutesof.com/q/46422149-e63f-4853-92d5-12d0d475bfb0/ https://minutesof.com/q/46422149-e63f-4853-92d5-12d0d475bfb0/ “if you had asked most people in the industry a few weeks ago how far behind is China on AI models, they would say six to twelve months.” — David Sacks, All-In Podcast Fri, 31 Jan 2025 21:52:00 +0000 ai https://minutesof.com/q/62b103f6-6774-4c42-9053-300c3f5ea97c/ https://minutesof.com/q/62b103f6-6774-4c42-9053-300c3f5ea97c/ “if you had said to people a few weeks ago that the second company to release a reasoning model along the lines of o one would be a Chinese company, I think people would have been surprised by that.” — David Sacks, All-In Podcast Fri, 31 Jan 2025 21:52:00 +0000 ai https://minutesof.com/q/b48a23fb-1aeb-44d6-8f51-8a70131df81e/ https://minutesof.com/q/b48a23fb-1aeb-44d6-8f51-8a70131df81e/ “And if even if I go back to the mobile wave or the Internet wave, there were plenty of skeptics like within the Fortune 500.” — Bill Gurley, McCombs School of Business Fri, 24 Jan 2025 00:57:51 +0000 ai https://minutesof.com/q/209f2c4d-3a71-4c64-9d3e-9e57dcde0186/ https://minutesof.com/q/209f2c4d-3a71-4c64-9d3e-9e57dcde0186/ “They're trading equity for server capacity. And so those companies are running on a day to day basis with a high COGS, but they don't know it” — Bill Gurley, McCombs School of Business Fri, 24 Jan 2025 00:57:51 +0000 ai https://minutesof.com/q/5a2c5e5d-1c6f-4cba-87a9-106a559025bf/ https://minutesof.com/q/5a2c5e5d-1c6f-4cba-87a9-106a559025bf/ “I can now build models that some people are calling genome language models or, you know, whatever you wanna call them that can be predictive of a phenotype.” — David Friedberg, Seed World Group Mon, 20 Jan 2025 17:23:06 +0000 ai https://minutesof.com/q/10522b01-f44a-489f-bd06-b42d63aaed99/ https://minutesof.com/q/10522b01-f44a-489f-bd06-b42d63aaed99/ “They were able to suck up all the text on the internet and use that text to make a prediction on what the answer should be when someone asks a question word by word.” — David Friedberg, Seed World Group Mon, 20 Jan 2025 17:23:06 +0000 ai https://minutesof.com/q/a0decd53-60b4-4484-8e86-67e72884ee76/ https://minutesof.com/q/a0decd53-60b4-4484-8e86-67e72884ee76/ “Dario and Sam talk in these high level platitudes about how this stuff's gonna cure cancer and we're all gonna not have to work anymore.” — Bill Gurley, Bg2 Pod Mon, 06 Jan 2025 21:47:42 +0000 ai https://minutesof.com/q/19600c22-99b0-4a8a-8509-b93431eb62ef/ https://minutesof.com/q/19600c22-99b0-4a8a-8509-b93431eb62ef/ “I think this super cycle is going to be bigger than all the other super cycles put together like I think this is what we're going to be investing again against for decades to come.” — Brad Gerstner, Hoover Institution Tue, 10 Dec 2024 20:07:35 +0000 ai https://minutesof.com/q/b428897a-63d3-4789-aa14-437a0bceef08/ https://minutesof.com/q/b428897a-63d3-4789-aa14-437a0bceef08/ “based on what I've heard and seen and read and listened to on podcast, Anthropic and their investors like Eric Schmidt have been some of the people that have been encouraging, you know, more and more AI oversight and AI regulation” — Bill Gurley, BG2 Pod Wed, 27 Nov 2024 19:11:58 +0000 ai https://minutesof.com/q/b14549ce-28c4-4912-93ab-339c21784ef1/ https://minutesof.com/q/b14549ce-28c4-4912-93ab-339c21784ef1/ “They released several integrations already in the initial pack, with good GitHub and Slack and a few others so that you can start having your agents interact with these things.” — Bill Gurley, BG2 Pod Wed, 27 Nov 2024 19:11:58 +0000 ai https://minutesof.com/q/3295cb35-7c3b-431a-9569-32e383ab284d/ https://minutesof.com/q/3295cb35-7c3b-431a-9569-32e383ab284d/ “You're a driver, you lose your job to autonomous driving. You know, go through the list, and we're gonna see a lot of this. Right?” — Brad Gerstner, Summit Tue, 01 Oct 2024 18:01:32 +0000 ai https://minutesof.com/q/825530b7-5126-4f98-9968-9107db4dc974/ https://minutesof.com/q/825530b7-5126-4f98-9968-9107db4dc974/ “It has to be if you're gonna meet these power needs of what they need for AI, you're gonna have to use natural gas.” — David Tepper, CNBC Television Thu, 26 Sep 2024 13:48:15 +0000 ai https://minutesof.com/q/825530b7-5126-4f98-9968-9107db4dc974/ https://minutesof.com/q/825530b7-5126-4f98-9968-9107db4dc974/ “It has to be if you're gonna meet these power needs of what they need for AI, you're gonna have to use natural gas.” — David Tepper, CNBC Television Thu, 26 Sep 2024 13:48:15 +0000 ai https://minutesof.com/q/8dbe86d0-3a9f-4b95-b3a3-b6009787f96e/ https://minutesof.com/q/8dbe86d0-3a9f-4b95-b3a3-b6009787f96e/ “I have no idea in '26 and '27. I am no idea. Okay? I mean, as if I was but I don't believe I don't believe my analysts.” — David Tepper, CNBC Television Thu, 26 Sep 2024 13:48:15 +0000 ai https://minutesof.com/q/27a00324-83ae-472e-8e7b-d4900e14122e/ https://minutesof.com/q/27a00324-83ae-472e-8e7b-d4900e14122e/ “in order to get linear improvement, you have to do maybe 10X the amount of processing. And this is all inference. So what are the implications of that?” — Bill Gurley, BG2 Pod Wed, 25 Sep 2024 16:21:38 +0000 ai https://minutesof.com/q/a94d9ba3-2eb9-447f-8a3f-11ede0b973ed/ https://minutesof.com/q/a94d9ba3-2eb9-447f-8a3f-11ede0b973ed/ “They were dominant in 10 blue links. They are not dominant in this. There are a lot of other players in the age of” — Brad Gerstner, CNBC Television Tue, 11 Jun 2024 17:21:48 +0000 ai https://minutesof.com/q/65850684-3493-44a7-9305-0fc448d2107c/ https://minutesof.com/q/65850684-3493-44a7-9305-0fc448d2107c/ “Because people are going to turn to Apple Intelligence instead of 10 blue links to find answers to the questions they have.” — Brad Gerstner, CNBC Television Tue, 11 Jun 2024 17:21:48 +0000 ai https://minutesof.com/q/49f3bd42-a418-45c6-b4ad-2627a5ac1901/ https://minutesof.com/q/49f3bd42-a418-45c6-b4ad-2627a5ac1901/ “only 5% of Apple users today can access Apple intelligence. So they're going to have to upgrade these devices in order to play.” — Brad Gerstner, CNBC Television Tue, 11 Jun 2024 16:52:46 +0000 ai https://minutesof.com/q/24f97ec7-6724-4dfe-b63e-5092ace9cb23/ https://minutesof.com/q/24f97ec7-6724-4dfe-b63e-5092ace9cb23/ “BPO companies woke up yesterday and they're like oh my god, this is about voice, this is about call centers, this is about video in, this is about you know?” — Brad Gerstner, BG2 Pod Thu, 16 May 2024 19:31:21 +0000 ai https://minutesof.com/q/7ace3e7f-d36e-4e49-9d3e-c2f2767593af/ https://minutesof.com/q/7ace3e7f-d36e-4e49-9d3e-c2f2767593af/ “This is the first time that we really have a model that reasons across voice, text, and vision in a single model. You know, it's processing all three modalities in a single neural net.” — Brad Gerstner, BG2 Pod Thu, 16 May 2024 19:31:21 +0000 ai https://minutesof.com/q/0c0919e4-1f85-43b9-a386-96bb682fb306/ https://minutesof.com/q/0c0919e4-1f85-43b9-a386-96bb682fb306/ “100,000,000 a year? 200,000,000 a year? There's no way that's high quality capital allocation from my point of view.” — Bill Gurley, Invest Like the Best Tue, 23 Apr 2024 08:00:00 +0000 ai https://minutesof.com/q/2d1bf244-c91e-4b66-a48c-64df45cbe6eb/ https://minutesof.com/q/2d1bf244-c91e-4b66-a48c-64df45cbe6eb/ “Any of that stuff could create a wildly new direction than what we have today.” — Bill Gurley, Invest Like the Best Tue, 23 Apr 2024 08:00:00 +0000 ai https://minutesof.com/q/372ac5d4-e951-48c3-9f6a-25e4388b844d/ https://minutesof.com/q/372ac5d4-e951-48c3-9f6a-25e4388b844d/ “One quick thing, I do think that the initial versions of these models are structurally flawed around providing personal memory and allowing someone to become dependent on one of these things.” — Bill Gurley, Invest Like the Best Tue, 23 Apr 2024 08:00:00 +0000 ai https://minutesof.com/q/ec8d31db-299c-4f2a-a458-c3267d55079e/ https://minutesof.com/q/ec8d31db-299c-4f2a-a458-c3267d55079e/ “And he said, over the course of the next three years, we'll grow our top line 50%, and we'll reduce our personnel costs by 10 to 20%.” — Brad Gerstner, BG2 Pod Thu, 18 Apr 2024 17:23:12 +0000 ai https://minutesof.com/q/d5c0f9f2-b446-446d-930c-8ba4108784f0/ https://minutesof.com/q/d5c0f9f2-b446-446d-930c-8ba4108784f0/ “the second thing people said was that the runtime models are just highly competitive and many people think that some of the models are already priced under cost, which goes back to the credit investment theme that you and I have talked about.” — Brad Gerstner, BG2 Pod Thu, 04 Apr 2024 17:20:29 +0000 ai https://minutesof.com/q/ed0d95b4-5500-4a83-bb07-06eadf95dd0d/ https://minutesof.com/q/ed0d95b4-5500-4a83-bb07-06eadf95dd0d/ “Perplexity came out and said that they were, you know, considering advertising and they there were statements in their previous releases that were very negative on advertising.” — Brad Gerstner, BG2 Pod Thu, 04 Apr 2024 17:20:29 +0000 ai https://minutesof.com/q/4908cf37-1898-4680-9fca-46f8d8ccc63b/ https://minutesof.com/q/4908cf37-1898-4680-9fca-46f8d8ccc63b/ “So, we've had what I call these fast failures. You might maybe the inflection team will get their money back, but that's not what Venture is about.” — Brad Gerstner, BG2 Pod Thu, 04 Apr 2024 17:20:29 +0000 ai https://minutesof.com/q/e65dfe02-6235-480d-a213-595870a5af7c/ https://minutesof.com/q/e65dfe02-6235-480d-a213-595870a5af7c/ “if World War II never happened, the atomic bomb never happened, and someone just showed up in 2024 and said, I figured out this thing, it's nuclear fission, people would be like, oh my god, like, probably be more excited than you are about AI.” — Brad Gerstner, BG2 Pod Thu, 04 Apr 2024 17:20:29 +0000 ai https://minutesof.com/q/88632d02-f742-4d27-ad56-a6ffff61bb67/ https://minutesof.com/q/88632d02-f742-4d27-ad56-a6ffff61bb67/ “So I don't celebrate that we're entering what appears to be a global AI cold war Yeah. On the economic front.” — Brad Gerstner, BG2 Pod Thu, 21 Mar 2024 21:32:49 +0000 ai https://minutesof.com/q/259fa1a3-a282-47b8-acd4-74c5d3051d30/ https://minutesof.com/q/259fa1a3-a282-47b8-acd4-74c5d3051d30/ “So given that, I think it's almost inconceivable for me now to see how TikTok US has a path forward under kind of the status quo.” — Brad Gerstner, BG2 Pod Thu, 21 Mar 2024 21:32:49 +0000 ai https://minutesof.com/q/33759596-2b57-40fb-b3bd-4c4506972150/ https://minutesof.com/q/33759596-2b57-40fb-b3bd-4c4506972150/ “So that's over 11,000,000,000 a year. And this morning we woke up and read about them taking some employees from a hot AI company in the valley.” — Bill Gurley, BG2 Pod Thu, 21 Mar 2024 21:32:49 +0000 ai https://minutesof.com/q/3a576b4c-d7a7-44d8-b9d8-f04401152db1/ https://minutesof.com/q/3a576b4c-d7a7-44d8-b9d8-f04401152db1/ “Now in this new model, it's pixels in. So the model itself has no code. It doesn't know this is a stoplight per se. In fact, they just watched the driver's behavior.” — Brad Gerstner, BG2 Pod Thu, 07 Mar 2024 16:29:00 +0000 ai https://minutesof.com/q/b6ddd3b6-4831-444b-b7ce-9d242ff2ad28/ https://minutesof.com/q/b6ddd3b6-4831-444b-b7ce-9d242ff2ad28/ “And of course that makes no sense economically. So it's actually a huge structural problem. There are complaints, you know, in Reddit about Character AI on this front.” — Bill Gurley, BG2 Pod Thu, 08 Feb 2024 19:35:00 +0000 ai https://minutesof.com/q/132863e0-30a1-451e-8a59-14170cd85857/ https://minutesof.com/q/132863e0-30a1-451e-8a59-14170cd85857/ “I do think this memory issue is a big, big deal, at least on the consumer side. So none of the major contenders today can remember who you are because it would require them.” — Bill Gurley, BG2 Pod Thu, 08 Feb 2024 19:35:00 +0000 ai https://minutesof.com/q/60fe04c6-465b-4069-9fbb-afc84ae693f8/ https://minutesof.com/q/60fe04c6-465b-4069-9fbb-afc84ae693f8/ “I saw this inner great interview once with Spielberg when he was talking about Jaws. And he said, you know, I didn't show the shark until like 75% of the way through this thing.” — Bill Gurley, BG2 Pod Thu, 08 Feb 2024 19:35:00 +0000 ai https://minutesof.com/q/c06c9a63-43ea-47cd-bd34-3d775dfa7698/ https://minutesof.com/q/c06c9a63-43ea-47cd-bd34-3d775dfa7698/ “my sense here is, you know, and I've said the AI is gonna be bigger than the Internet itself in terms of impact on economic productivity.” — Brad Gerstner, BG2 Pod Thu, 08 Feb 2024 19:35:00 +0000 ai https://minutesof.com/q/b25e2255-7278-4ee6-a832-635428bc1887/ https://minutesof.com/q/b25e2255-7278-4ee6-a832-635428bc1887/ “I can absolutely see sometime over the next four quarters. We're gonna hit a zone of disillusionment because everybody's pig piled in here.” — Brad Gerstner, BG2 Pod Thu, 08 Feb 2024 19:35:00 +0000 ai https://minutesof.com/q/f8a5c499-b5b2-4e62-991a-daea301a4510/ https://minutesof.com/q/f8a5c499-b5b2-4e62-991a-daea301a4510/ “In the quarter, if you aggregate the hyperscalers together, we added over $15,000,000,000 in ARR. That's annual recurring revenue, the single largest quarter in the history” — Brad Gerstner, CNBC Television Fri, 02 Feb 2024 18:00:57 +0000 ai https://minutesof.com/q/aecddc1e-d22c-489b-802a-fea0a969b2d4/ https://minutesof.com/q/aecddc1e-d22c-489b-802a-fea0a969b2d4/ “They are the single largest beneficiary of AI from a profit perspective in the public markets today outside of NVIDIA.” — Brad Gerstner, CNBC Television Fri, 02 Feb 2024 18:00:57 +0000 ai https://minutesof.com/q/99bf97ec-7a4d-4ff6-99f4-58e910b6f28b/ https://minutesof.com/q/99bf97ec-7a4d-4ff6-99f4-58e910b6f28b/ “the best bets on AI over the course of the last eighteen months or two years, we were fortunate to be in, were NVIDIA and Microsoft, Snowflake.” — Brad Gerstner, iConnections Wed, 31 Jan 2024 17:38:34 +0000 ai https://minutesof.com/q/3cbafc48-1c09-438b-93f5-2057d942c6f1/ https://minutesof.com/q/3cbafc48-1c09-438b-93f5-2057d942c6f1/ “So NVIDIA ended last year at 20 times earnings. Its lowest multiple of earnings it's ever traded at, despite the fact that it's the the the purest play AI name in in the space.” — Brad Gerstner, CNBC Television Mon, 29 Jan 2024 23:20:37 +0000 ai https://minutesof.com/q/2febc7ff-d27d-48ca-9a7a-33ce2ed436a6/ https://minutesof.com/q/2febc7ff-d27d-48ca-9a7a-33ce2ed436a6/ “We're gonna red team blue team AI. What is the impact that AI is gonna have on 10 blue links? What is the impact that AI is gonna have on vertical search?” — Brad Gerstner, This Week in Startups Fri, 12 Jan 2024 05:28:40 +0000 ai https://minutesof.com/q/4de657b3-fe07-4ac4-a59c-273f5d11add1/ https://minutesof.com/q/4de657b3-fe07-4ac4-a59c-273f5d11add1/ “If you think about what AI is already doing for the enterprise, we're seeing 30 to 50% productivity improvements in engineers. There's never been a technology history of technology.” — Brad Gerstner, Bloomberg Podcasts Mon, 20 Nov 2023 15:00:53 +0000 ai https://minutesof.com/q/23028c1a-2fc9-45e8-b065-6411ce4a43ce/ https://minutesof.com/q/23028c1a-2fc9-45e8-b065-6411ce4a43ce/ “Fifteen years before ChatGPT started producing answers, Satya knew that that's where they had to get to if they were going to leapfrog Google.” — Brad Gerstner, Bloomberg Podcasts Mon, 20 Nov 2023 15:00:53 +0000 ai https://minutesof.com/q/76972eb1-97fa-4a54-a7bb-e71426412574/ https://minutesof.com/q/76972eb1-97fa-4a54-a7bb-e71426412574/ “The re you know, and Dara told you yesterday, quarter over quarter we've actually reduced head count again. Right. We have this massive bottom line opportunity in all these businesses because of AI.” — Brad Gerstner, CNBC Television Wed, 08 Nov 2023 15:35:15 +0000 ai https://minutesof.com/q/40ca00c3-d4fa-46c8-adb7-5371f3a7e005/ https://minutesof.com/q/40ca00c3-d4fa-46c8-adb7-5371f3a7e005/ “ByteDance, where we're investors, has about 40,000 content moderators. Okay? These are folks who are flagging, you know, content that” — Brad Gerstner, Joe Lonsdale Wed, 25 Oct 2023 18:32:55 +0000 ai https://minutesof.com/q/2d8e05c8-cbd0-48d0-8673-7920bb71b4ac/ https://minutesof.com/q/2d8e05c8-cbd0-48d0-8673-7920bb71b4ac/ “I think Amazon CodeWhisperer, so this is a cogeneration copilot Mhmm. Is reporting that they've seen 56% increase in engineering productivity” — Brad Gerstner, Joe Lonsdale Wed, 25 Oct 2023 18:32:55 +0000 ai https://minutesof.com/q/d8e7bd22-8bfa-4a59-976b-04a457353f4b/ https://minutesof.com/q/d8e7bd22-8bfa-4a59-976b-04a457353f4b/ “We're gonna launch more. We're gonna deploy more compute in 2024 than in all previous years combined.” — Brad Gerstner, Joe Lonsdale Wed, 25 Oct 2023 18:32:55 +0000 ai https://minutesof.com/q/62a6fd8a-3781-437f-9bc6-b2803fbd1db8/ https://minutesof.com/q/62a6fd8a-3781-437f-9bc6-b2803fbd1db8/ “Do you bard or do you chat GPT? GPT has become the default verb for all things AI.” — Brad Gerstner, CNBC Television Thu, 28 Sep 2023 22:00:34 +0000 ai https://minutesof.com/q/e71da3f1-0b62-4edd-a895-68d3f45635ad/ https://minutesof.com/q/e71da3f1-0b62-4edd-a895-68d3f45635ad/ “But much like the Internet in 9899, where there was overpricing in the short run, we dramatically underestimated the impact it was going to have over the preceding decade.” — Brad Gerstner, CNBC Television Thu, 28 Sep 2023 19:10:17 +0000 ai https://minutesof.com/q/1ff2e9af-50f8-4a34-b237-5ae02ed9f79f/ https://minutesof.com/q/1ff2e9af-50f8-4a34-b237-5ae02ed9f79f/ “What I would tell you is under 500,000,000, maybe under 600,000,000. Right? Series b and c rounds are as hot as I've ever seen them in data infrastructure and AI and software, etcetera.” — Brad Gerstner, All-In Podcast Fri, 11 Aug 2023 06:23:00 +0000 ai https://minutesof.com/q/f2edbc0b-af73-484c-9e63-aed71168f4fe/ https://minutesof.com/q/f2edbc0b-af73-484c-9e63-aed71168f4fe/ “the $20,000,000,000,000 question is how does the entire open architecture of the web get rearchitected in the age of AI?” — Brad Gerstner, All-In Podcast Fri, 16 Jun 2023 20:55:00 +0000 ai https://minutesof.com/q/f6ab5bce-90dd-4a53-a05c-7abe51b4d212/ https://minutesof.com/q/f6ab5bce-90dd-4a53-a05c-7abe51b4d212/ “think in moments of major platform disruptions, and this is the third that I've managed through.” — Brad Gerstner, CNBC Television Tue, 06 Jun 2023 20:04:18 +0000 ai https://minutesof.com/q/b71ee2fb-b90a-43ed-a95a-010eecec47b4/ https://minutesof.com/q/b71ee2fb-b90a-43ed-a95a-010eecec47b4/ “What AI allows us to do is extract the knowledge from that information to get a copilot to help us make better decisions.” — Brad Gerstner, CNBC Television Tue, 06 Jun 2023 20:04:18 +0000 ai https://minutesof.com/q/ad541aee-acdf-4102-b6e8-44719bf84d78/ https://minutesof.com/q/ad541aee-acdf-4102-b6e8-44719bf84d78/ “I mean, I have to agree with Doug that this is a platform shift on the same magnitude as the internet or mobile itself.” — Brad Gerstner, All-In Podcast Fri, 03 Mar 2023 18:43:00 +0000 ai https://minutesof.com/q/b8cd089e-5d40-41ce-be19-1d0f524366ba/ https://minutesof.com/q/b8cd089e-5d40-41ce-be19-1d0f524366ba/ “I don't think it can look at five business plans and figure out which is the next Amazon. These are subjective judgments about the future,” — Howard Marks, Goldman Sachs Thu, 30 Jun 2022 15:18:25 +0000 ai https://minutesof.com/q/56c97d0f-9724-4b6e-8f61-35db6a397235/ https://minutesof.com/q/56c97d0f-9724-4b6e-8f61-35db6a397235/ “That's why for the first time ever, for a long time, I forget the exact numbers, but you never had a cybersecurity outcome over 20,000,000,000.” — Gavin Baker, Invest Like the Best Tue, 25 Jan 2022 09:00:00 +0000 ai https://minutesof.com/q/ecd24ff9-a848-4d28-8d36-42c5c7400b7a/ https://minutesof.com/q/ecd24ff9-a848-4d28-8d36-42c5c7400b7a/ “Marc Andreessen wrote this op ed, whatever it was, ten years ago about how software is eating the world. Now AI is eating software.” — Gavin Baker, Invest Like the Best Tue, 25 Jan 2022 09:00:00 +0000 ai https://minutesof.com/q/f0a76ee2-1f49-4271-ad00-0549fc49e249/ https://minutesof.com/q/f0a76ee2-1f49-4271-ad00-0549fc49e249/ “Microsoft wrote about this in a research paper ten years ago, or maybe not twelve years ago, the quality of a given AI algorithm doubles with every 10x increase in the amount of data you use to train that algorithm.” — Gavin Baker, Invest Like the Best Tue, 25 Jan 2022 09:00:00 +0000 ai https://minutesof.com/q/823c7162-0b03-49aa-a59b-2ff282b08a9c/ https://minutesof.com/q/823c7162-0b03-49aa-a59b-2ff282b08a9c/ “Global wealth, as measured by the mountain of labor and capital that exists in the world, the conveniences that will be available to people will be better than they've ever been before, but the distribution of those will be way more concentrated” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 ai https://minutesof.com/q/d768013b-3fec-4913-82a9-60f73eb9a39a/ https://minutesof.com/q/d768013b-3fec-4913-82a9-60f73eb9a39a/ “it's been very well established in multiple papers from both Google and Microsoft research that for every order of magnitude increase in the data you use to train an algorithm, the quality of the AI doubles.” — Gavin Baker, Invest Like the Best Tue, 26 Nov 2019 10:30:00 +0000 ai https://minutesof.com/q/585e22b4-452b-4998-98ed-1f84f746f495/ https://minutesof.com/q/585e22b4-452b-4998-98ed-1f84f746f495/ “All that matters is the quantity of data, and it's been very well established in multiple papers from both Google and Microsoft research that for every order of magnitude increase in the data you use to train an algorithm, the quality of the AI doubles.” — Gavin Baker, Invest Like the Best Tue, 26 Nov 2019 10:30:00 +0000 ai https://minutesof.com/q/a9dc95b1-7ffc-46e4-80cf-a5ca62854a44/ https://minutesof.com/q/a9dc95b1-7ffc-46e4-80cf-a5ca62854a44/ “Machines, to compete against machines, which there's a lot of machine finance. The machines are doing shitty this year.” — David Tepper, B.E.S.T. Sun, 06 May 2018 00:11:47 +0000 ai https://minutesof.com/q/92c4b837-2d20-40ea-b1ac-886831d8c170/ https://minutesof.com/q/92c4b837-2d20-40ea-b1ac-886831d8c170/ “We try and learn as much as we can about the individual, and then we use machine learning and collaborative filtering, a whole bunch of algorithms that helps of our stylists, and we deliver something to you that you haven't even seen yet.” — Bill Gurley, Bloomberg Television Fri, 17 Nov 2017 19:47:21 +0000 ai