20 korrents from this recording
Every claim below is a statement made in this recording, quoted word for word and linked to the second it was said, so you can hear it rather than take our word for it. The wording comes from the transcript published alongside the recording; the sentence above each quote is our reading of the claim, not their wording.
Their wordsthe the big lesson is that for me is technology is changing all the time, and so long as you're able to confront the reality, so long as you are able to learn, the technology itself actually doesn't matter.
Their wordswe realized early on uh that it's not about building a great chip, it's about accelerating an algorithm domain.
Their wordsone of the things I've always believed believed in is what makes great companies is a unique perspective about the world that you deeply believe in. It's not so much the technology, it's not so much uh the market even.
Their wordsYou don't invest in companies, you invest in people.
Their wordsthe the breakthrough for us was realizing that AlexNet was not AlexNet. That AlexNet was an approach with deep deep learning that allows you to learn any function.
Their wordsin a lot of ways I think a a CEO is in service of the company, in service of all the people that are working there. And you want to empower them with some insight. And so that's really where it's coming from. It's not so much a management technique, but a personality technique.
Their wordswhatever it takes to fit the car to you whatever it takes to fit the organization to you, that's what you got to do. And the next CEO, whatever the personality is, they can figure it out.
Their wordsone of the most important things is systems understanding. Systems awareness, system design, system organization. Um, but systems thinking. And the reason for that is because most of the low-level things that that has to be done are going to be done agentically anyways.
Their wordswe we kind of have coarse level uh recursive self-improvement already. And the fact that every time you use it, it improves the markdown files. Uh every time you use it, it updates its uh long-term memory.
Their wordsWe don't need the the agents to be 100% accurate, 100% high quality in order for us to use it. It could, you know, literally be 80% and then we help it the rest of the way, or it could be 99% we help it the rest of the way. And so I I think controllability is probably the single biggest breakthrough that we need for agents at every single level.
Their wordsWe we kind of have to live in the future 5 to 10 years because it takes three or so years just to build a system, takes a couple years to ramp it up, and you're dealing and you would like them to be able to use the computer for 10 years after.
Their wordswe want we want to encourage everybody and every company to build their own AIs. And and and who knows what innovation will come from the fact that it's open source.
Their wordsThe evidence would show that and it makes perfect sense that AI and automation is creating jobs everywhere. The narrative about AI destroying jobs is exactly backwards. AI eliminate tasks. AI automates tasks away. But it doesn't necessary doesn't necessarily eliminate jobs.
Their wordsTurns out paralegals are growing like crazy. And the reason for that is because the backlog of lawsuits is really high, and now these law firms could get a lot more cases through. And in order to do so, you got to hire more people.
Their wordsI would say the chat GPT moment of robots happened a couple of years ago already.
Their wordslikely this will be one of the largest industries in the world and um, uh, it'll take longer than a couple two, three years. It'll take less than 10. And so this will this will be our next $100 billion business.
Our reading
Without open source there would have been no mobile cloud industry, and no modern AI either.
Their wordsIf not for open source, the mobile cloud industry would have never happened.
Their wordsI think the simple stuff is going to get automated away, but the hard problems, the hard sciences, um physics, chemistry, biology, uh you know, computer science, uh computer engineering, systems thinking, uh you know, all and and particularly the domains that are intersecting, uh those hard problems will never go away.
Their wordsObviously, this is the greatest time in the last 60 years to start a company. The whole industry has changed. It's a complete reset from a technology perspective. The single most important technology in human history, the computer, has been completely reset.
Their wordsAnd truth be told, it is way harder than you think. And but you you don't want your mind to be to be there. You want your mind to be, how hard can it be? And let the suffering come to you a little bit at a time.