IoT Coffee Talk: Episode 245 - Stargate (The WeWork of AI?)

hey everybody Welcome to iot Coffee Talk hey everybody Welcome to iot Coffee Talk this is where you get just total crazy this is where you get just total crazy this is where you get just total crazy BS advice from a bunch of pseudo wannabe BS advice from a bunch of pseudo wannabe BS advice from a bunch of pseudo wannabe analysts who actually just learned about analysts who actually just learned about analysts who actually just learned about the tech industry yesterday from reading the tech industry yesterday from reading the tech industry yesterday from reading an article or something like that that an article or something like that that an article or something like that that they got an email from their AOL account they got an email from their AOL account they got an email from their AOL account and so yeah exactly so we're going to and so yeah exactly so we're going to and so yeah exactly so we're going to try our best to sound like we know what try our best to sound like we know what try our best to sound like we know what we're talking about and not lead you we're talking about and not lead you we're talking about and not lead you astray but astray but astray but really we're here to celebrate and lift really we're here to celebrate and lift really we're here to celebrate and lift up kids Elevate our kids is actually why up kids Elevate our kids is actually why up kids Elevate our kids is actually why we do this is our charity um you know we do this is our charity um you know we do this is our charity um you know we're going to bridge that digital we're going to bridge that digital we're going to bridge that digital divide we've got the kids who don't have divide we've got the kids who don't have divide we've got the kids who don't have computers and canect activity to do computers and canect activity to do computers and canect activity to do remote learning or homework or things remote learning or homework or things remote learning or homework or things like that and especially you know we saw like that and especially you know we saw like that and especially you know we saw that in Co but now we're really seeing that in Co but now we're really seeing that in Co but now we're really seeing it we got all these fires in Los Angeles it we got all these fires in Los Angeles it we got all these fires in Los Angeles we still have people who are not back in we still have people who are not back in we still have people who are not back in homes in North Carolina and so you got a homes in North Carolina and so you got a homes in North Carolina and so you got a lot of people kind of doing that remote lot of people kind of doing that remote lot of people kind of doing that remote thing uh by hook or by crook some people thing uh by hook or by crook some people thing uh by hook or by crook some people are getting some help from starlink some are getting some help from starlink some are getting some help from starlink some people and so it it it takes all of us people and so it it it takes all of us people and so it it it takes all of us to get in there and pitch in how best we to get in there and pitch in how best we to get in there and pitch in how best we can and so uh that's right definitely go can and so uh that's right definitely go can and so uh that's right definitely go to elevar kids.org and contribute uh so to elevar kids.org and contribute uh so to elevar kids.org and contribute uh so that we can get compute connectivity to that we can get compute connectivity to that we can get compute connectivity to lots of these kids and there's we are lots of these kids and there's we are lots of these kids and there's we are too what's that there's some cool swag too what's that there's some cool swag too what's that there's some cool swag there too oh right right if you want to there too oh right right if you want to there too oh right right if you want to look like an iot expert you can get you look like an iot expert you can get you look like an iot expert you can get you can buy a t-shirt that's all you need to can buy a t-shirt that's all you need to can buy a t-shirt that's all you need to do and then people come up to you and do and then people come up to you and do and then people come up to you and start asking you questions that's what start asking you questions that's what start asking you questions that's what we learned is by just wearing t-shirts we learned is by just wearing t-shirts we learned is by just wearing t-shirts people think we're experts at something

people think we're experts at something people think we're experts at something so and by the way Rob your your opening so and by the way Rob your your opening so and by the way Rob your your opening your opening uh Salvo was was I assume your opening uh Salvo was was I assume your opening uh Salvo was was I assume that was the big disclaimer on like that was the big disclaimer on like that was the big disclaimer on like don't take us don't take us don't take us seriously caveat emor all that stuff seriously caveat emor all that stuff seriously caveat emor all that stuff your mileage may vary see dealer for your mileage may vary see dealer for your mileage may vary see dealer for details exactly just in Cas a mile after details exactly just in Cas a mile after details exactly just in Cas a mile after the first 10,000 miles blah blah blah the first 10,000 miles blah blah blah the first 10,000 miles blah blah blah right right just in case we drop a stock right right just in case we drop a stock right right just in case we drop a stock price in there or tell you you know this price in there or tell you you know this price in there or tell you you know this is for entertainment purposes only but is for entertainment purposes only but is for entertainment purposes only but you may find a hidden gemm buried you may find a hidden gemm buried you may find a hidden gemm buried somewhere if you're not carefully you somewhere if you're not carefully you somewhere if you're not carefully you may learn something that's what welcome everybody we got what welcome everybody we got Tom awesome it's across the Tom awesome it's across the Tom awesome it's across the pond yeah yeah it's been it's been a pond yeah yeah it's been it's been a pond yeah yeah it's been it's been a long time months actually I think so um long time months actually I think so um long time months actually I think so um yeah thanks for having me back good to yeah thanks for having me back good to yeah thanks for having me back good to see some familiar faces and get back see some familiar faces and get back see some familiar faces and get back into the fck of it absolutely what's the into the fck of it absolutely what's the into the fck of it absolutely what's the latest with you Tom what's going on in latest with you Tom what's going on in latest with you Tom what's going on in your world man um well we're coming over your world man um well we're coming over your world man um well we're coming over to Austin next month um we're doing the to Austin next month um we're doing the to Austin next month um we're doing the event with Pete so um yeah we're looking event with Pete so um yeah we're looking event with Pete so um yeah we're looking forward to that so the AI I'm going Rob forward to that so the AI I'm going Rob forward to that so the AI I'm going Rob can see Bill uh yeah Bill's there can see Bill uh yeah Bill's there can see Bill uh yeah Bill's there Steph's coming I know she's not on today Steph's coming I know she's not on today Steph's coming I know she's not on today Steph's coming oh my gosh yeah so um Steph's coming oh my gosh yeah so um Steph's coming oh my gosh yeah so um everyone else needs to come right so you everyone else needs to come right so you everyone else needs to come right so you know you can fly you can fly in the know you can fly you can fly in the know you can fly you can fly in the epicenter of Aji is coming to off epicenter of Aji is coming to off epicenter of Aji is coming to off February 25th Len's already driving February 25th Len's already driving February 25th Len's already driving right that's why he's in the car driving right that's why he's in the car driving right that's why he's in the car driving there right now yeah he's driving right

there right now yeah he's driving right there right now yeah he's driving right now as we speak yes GNA take that long now as we speak yes GNA take that long now as we speak yes GNA take that long for him to get there after hitting all for him to get there after hitting all for him to get there after hitting all the charging stations yeah well the charging stations yeah well the charging stations yeah well apparently he's going to do it on one apparently he's going to do it on one apparently he's going to do it on one charge as well so let's let's see how he charge as well so let's let's see how he charge as well so let's let's see how he gets on Leonard Leonard has a a a trusty and on Leonard Leonard has a a a trusty and always reliable Honda five gallon always reliable Honda five gallon always reliable Honda five gallon generator in the trunk of the car so he generator in the trunk of the car so he generator in the trunk of the car so he had pull over Crank that sucker up and had pull over Crank that sucker up and had pull over Crank that sucker up and just ch for several more miles five and just ch for several more miles five and just ch for several more miles five and free baby several I thought you were free baby several I thought you were free baby several I thought you were going to tell me that every time he going to tell me that every time he going to tell me that every time he stops he actually has one of his bicycle stops he actually has one of his bicycle stops he actually has one of his bicycle power charger things a stationary bike power charger things a stationary bike power charger things a stationary bike that he pulls out sits next to the car that he pulls out sits next to the car that he pulls out sits next to the car and rides on it for a few hours to and rides on it for a few hours to and rides on it for a few hours to charge it up and then gets going charge it up and then gets going charge it up and then gets going again it's also good for your health again it's also good for your health again it's also good for your health these are actually really innovative these are actually really innovative these are actually really innovative ideas guys I think these are all ideas guys I think these are all ideas guys I think these are all legit think you're talking crap legit think you're talking crap legit think you're talking crap someone's going to Pat this stuff someone's going to Pat this stuff someone's going to Pat this stuff there's genius and stupidity I'm tell there's genius and stupidity I'm tell there's genius and stupidity I'm tell well you know what you need is you need well you know what you need is you need well you know what you need is you need a back seat this is a back seat a back seat this is a back seat a back seat this is a back seat accessory for your EV is like a little accessory for your EV is like a little accessory for your EV is like a little set of pedals so your passengers can set of pedals so your passengers can set of pedals so your passengers can sort of keep pedaling sort of Flintstone sort of keep pedaling sort of Flintstone sort of keep pedaling sort of Flintstone style yeah like keep recharging your style yeah like keep recharging your style yeah like keep recharging your batter you know what it's good for your batter you know what it's good for your batter you know what it's good for your health yeah it's good for the health yeah it's good for the health yeah it's good for the circulation you know I've seen those tv circulation you know I've seen those tv circulation you know I've seen those tv ads for the people that like move their ads for the people that like move their ads for the people that like move their feet while they watch TV it looks good feet while they watch TV it looks good feet while they watch TV it looks good yeah yeah all right folks so the big yeah yeah all right folks so the big yeah yeah all right folks so the big news this week news this week news this week was something related to AI wait for it

was something related to AI wait for it was something related to AI wait for it State Stargate State Stargate State Stargate Stargate star Stargate enter the Stargate enter the Stargate enter the Stargate enter the star is that like some kind of portal or something disted reality portal that's something disted reality portal that's for sure some sort of yeah why does it for sure some sort of yeah why does it for sure some sort of yeah why does it have to rhyme with Skynet I mean where have to rhyme with Skynet I mean where have to rhyme with Skynet I mean where were the branding people when they were were the branding people when they were were the branding people when they were discussing this this thing and uh I discussing this this thing and uh I discussing this this thing and uh I think they wanted to invoke Skynet but think they wanted to invoke Skynet but think they wanted to invoke Skynet but not actually use the term so it was like not actually use the term so it was like not actually use the term so it was like Stargate got but I I do love the fact Stargate got but I I do love the fact Stargate got but I I do love the fact that uh return to office has absolutely that uh return to office has absolutely that uh return to office has absolutely been solved due to quantum teleportation been solved due to quantum teleportation been solved due to quantum teleportation uh being available now um I think this uh being available now um I think this uh being available now um I think this uh this will have huge impact on uh this will have huge impact on uh this will have huge impact on productivity across Humanity very productivity across Humanity very productivity across Humanity very excited Serendipity happens when people excited Serendipity happens when people excited Serendipity happens when people are together are together are together right yeah but David said right yeah but David said right yeah but David said Quantum said the secret word he secret Quantum said the secret word he secret Quantum said the secret word he secret word yeah you had me at quantum you know word yeah you had me at quantum you know word yeah you had me at quantum you know Bill what do you think about Quantum is Bill what do you think about Quantum is Bill what do you think about Quantum is it is it BS is it real no I mean you it is it BS is it real no I mean you it is it BS is it real no I mean you know look it it's it's like anything know look it it's it's like anything know look it it's it's like anything else right I mean it's it's real enough else right I mean it's it's real enough else right I mean it's it's real enough and it's all and it's all and it's all research um and and I mean and that's it research um and and I mean and that's it research um and and I mean and that's it there's a lot of I wish I hope there's a lot of I wish I hope there's a lot of I wish I hope I'm yeah you know you're you're 15 to 20 I'm yeah you know you're you're 15 to 20 I'm yeah you know you're you're 15 to 20 years away I mean people are I think

years away I mean people are I think years away I mean people are I think Chattanooga said that they have a Chattanooga said that they have a Chattanooga said that they have a quantum network quantum network quantum network they don't know what to do with it we they don't know what to do with it we they don't know what to do with it we have a quantum network have a quantum have a quantum network have a quantum have a quantum network have a quantum network I'm like can you explain that to network I'm like can you explain that to network I'm like can you explain that to me I bought a Wi-Fi router and it said me I bought a Wi-Fi router and it said me I bought a Wi-Fi router and it said Quantum on it and so I figured that's Quantum on it and so I figured that's Quantum on it and so I figured that's what we got you know yeah that that's it what we got you know yeah that that's it what we got you know yeah that that's it I mean it it's I mean it's it's a lot of I mean it it's I mean it's it's a lot of I mean it it's I mean it's it's a lot of research it I I I try not to be all doom research it I I I try not to be all doom research it I I I try not to be all doom and gloom and everything like that I and gloom and everything like that I and gloom and everything like that I mean sure I'm looking forward to it will mean sure I'm looking forward to it will mean sure I'm looking forward to it will I see it in my time I have no idea yeah I see it in my time I have no idea yeah I see it in my time I have no idea yeah and so to your point you know obviously and so to your point you know obviously and so to your point you know obviously yeah what a couple weeks ago Elon came yeah what a couple weeks ago Elon came yeah what a couple weeks ago Elon came out and kind of kind of said what you're out and kind of kind of said what you're out and kind of kind of said what you're saying which we've probably all said saying which we've probably all said saying which we've probably all said here that we're it's still you know 15 here that we're it's still you know 15 here that we're it's still you know 15 20 years out and it crashed the stock 20 years out and it crashed the stock 20 years out and it crashed the stock prices of all the quantum companies just prices of all the quantum companies just prices of all the quantum companies just they all went right to the bottom it's they all went right to the bottom it's they all went right to the bottom it's kind of like Leonard Lee just taking kind of like Leonard Lee just taking kind of like Leonard Lee just taking control of his Tesla and just driving it control of his Tesla and just driving it control of his Tesla and just driving it right into the abyss well until he right into the abyss well until he right into the abyss well until he announces his Quantum initiative next announces his Quantum initiative next announces his Quantum initiative next month and then exactly well he's GNA month and then exactly well he's GNA month and then exactly well he's GNA have on yeah you know I I'm I I uh over the on yeah you know I I'm I I uh over the weekend U this course of this week I weekend U this course of this week I weekend U this course of this week I coin coined a new term it's called the coin coined a new term it's called the coin coined a new term it's called the fake economy so it builds on top of the fake economy so it builds on top of the fake economy so it builds on top of the criminal economy we've been talking criminal economy we've been talking criminal economy we've been talking about but there's all this valuation about but there's all this valuation about but there's all this valuation that's being pumped into fake stuff you that's being pumped into fake stuff you that's being pumped into fake stuff you know fake expectations you know all know fake expectations you know all know fake expectations you know all these hype cycles and I you know what I

these hype cycles and I you know what I these hype cycles and I you know what I I don't know how you win being so I don't know how you win being so I don't know how you win being so disconnected from like realities because disconnected from like realities because disconnected from like realities because you know we live in a physical world and you know we live in a physical world and you know we live in a physical world and if you we thought we lived in a physical you we thought we lived in a physical world I mean how do you world I mean how do you world I mean how do you comp yeah yeah comp yeah yeah comp yeah yeah well it's um I think you know pendulums well it's um I think you know pendulums well it's um I think you know pendulums always sh to go they shift back right I always sh to go they shift back right I always sh to go they shift back right I think this whole fixation on Virtual think this whole fixation on Virtual think this whole fixation on Virtual digital all this stuff with uh digital all this stuff with uh digital all this stuff with uh software defined XYZ it's all going to software defined XYZ it's all going to software defined XYZ it's all going to go back to physical where you know go back to physical where you know go back to physical where you know people are going to need to know the people are going to need to know the people are going to need to know the mechanics of the real world right mechanics of the real world right mechanics of the real world right because and I got triggered at Galaxy uh because and I got triggered at Galaxy uh because and I got triggered at Galaxy uh unpacked they had this tech tech unpacked they had this tech tech unpacked they had this tech tech forum and there was this young lady that forum and there was this young lady that forum and there was this young lady that got up there and said hey you know got up there and said hey you know got up there and said hey you know younger Generations are more techsavvy me I just went you got to be kidding me me I just went you got to be kidding me they why don't you go they why don't you go they why don't you go and rebuild an and rebuild an and rebuild an engine you know my dad can do that he engine you know my dad can do that he engine you know my dad can do that he can design Advanced sensors for you know can design Advanced sensors for you know can design Advanced sensors for you know uh and guidance systems for the most uh and guidance systems for the most uh and guidance systems for the most advanced weapons of the time he knows advanced weapons of the time he knows advanced weapons of the time he knows how to do that what do you know how to how to do that what do you know how to how to do that what do you know how to do other than use a TI to app and then do other than use a TI to app and then do other than use a TI to app and then dance in front of it and then post it on dance in front of it and then post it on dance in front of it and then post it on YouTube how is that Tech how's that tech

YouTube how is that Tech how's that tech YouTube how is that Tech how's that tech savvy that's that you know quite frankly savvy that's that you know quite frankly savvy that's that you know quite frankly that's like Tech ignorant you're app that's like Tech ignorant you're app that's like Tech ignorant you're app saavy and you know the Detachment from saavy and you know the Detachment from saavy and you know the Detachment from the physical world I think is uh is um the physical world I think is uh is um the physical world I think is uh is um quite dangerous number one and number quite dangerous number one and number quite dangerous number one and number two look what's happening now everyone two look what's happening now everyone two look what's happening now everyone talks about you know silicon right the talks about you know silicon right the talks about you know silicon right the hardware the infrastructure these are hardware the infrastructure these are hardware the infrastructure these are all physical things and I I think we're all physical things and I I think we're all physical things and I I think we're gonna we're going to eventually over gonna we're going to eventually over gonna we're going to eventually over time go back to that but I don't know if time go back to that but I don't know if time go back to that but I don't know if we're going to win the battle here of of we're going to win the battle here of of we're going to win the battle here of of you know reality if we keep uh you know you know reality if we keep uh you know you know reality if we keep uh you know growing this fake economy I think it's a growing this fake economy I think it's a growing this fake economy I think it's a Ser problem yeah right wow you're really Ser problem yeah right wow you're really Ser problem yeah right wow you're really dropping some heavy stuff on there you dropping some heavy stuff on there you dropping some heavy stuff on there you know but I do remember a Char dude I I know but I do remember a Char dude I I know but I do remember a Char dude I I remember a character in uh 2010 Odyssey remember a character in uh 2010 Odyssey remember a character in uh 2010 Odyssey 2 where he says you know whether you're 2 where he says you know whether you're 2 where he says you know whether you're based on carbon or silicon you know it based on carbon or silicon you know it based on carbon or silicon you know it doesn't matter you should both be doesn't matter you should both be doesn't matter you should both be treated with treated with treated with respect you know of course Roy shider is respect you know of course Roy shider is respect you know of course Roy shider is kind of like you when well I choose us kind of like you when well I choose us kind of like you when well I choose us you know instead of so instead of how you know instead of so instead of how you know instead of so instead of how Okay um you know you brought up Okay um you know you brought up Okay um you know you brought up something that I thought about and we're something that I thought about and we're something that I thought about and we're just totally diving into a tangent here just totally diving into a tangent here just totally diving into a tangent here which is what we're all about here on which is what we're all about here on which is what we're all about here on iot Coffee Talk unrelated to iot you iot Coffee Talk unrelated to iot you iot Coffee Talk unrelated to iot you talk about a fake economy I remember a talk about a fake economy I remember a talk about a fake economy I remember a long time ago I wrote something and I long time ago I wrote something and I long time ago I wrote something and I still believe it's true this is going to still believe it's true this is going to still believe it's true this is going to be really deep and again caveat and Tor be really deep and again caveat and Tor be really deep and again caveat and Tor um I think our economy is

um I think our economy is um I think our economy is auser um and what I mean by that is and auser um and what I mean by that is and auser um and what I mean by that is and maybe you're thinking this too this is maybe you're thinking this too this is maybe you're thinking this too this is some deep stuff is it possible that we some deep stuff is it possible that we some deep stuff is it possible that we have pretend capitalism in the United have pretend capitalism in the United have pretend capitalism in the United States and what I mean by that is when States and what I mean by that is when States and what I mean by that is when you print money at the federal level and you print money at the federal level and you print money at the federal level and you have debt you know what what is it you have debt you know what what is it you have debt you know what what is it what what was the last thing we're what what was the last thing we're what what was the last thing we're adding a trillion dollars in debt every adding a trillion dollars in debt every adding a trillion dollars in debt every 100 days now so we're pretending we have 100 days now so we're pretending we have 100 days now so we're pretending we have capitalism because everybody wants to be capitalism because everybody wants to be capitalism because everybody wants to be part of the capitalism thing and all part of the capitalism thing and all part of the capitalism thing and all that but it's pretend it's fake like you that but it's pretend it's fake like you that but it's pretend it's fake like you say because we're creating the illusion say because we're creating the illusion say because we're creating the illusion that's all working but when we're that's all working but when we're that's all working but when we're actually just printing money actually just printing money actually just printing money and most most countries would actually and most most countries would actually and most most countries would actually already fallen off a cliff a long time already fallen off a cliff a long time already fallen off a cliff a long time ago with the amount of what we at what ago with the amount of what we at what ago with the amount of what we at what are we 36 trillion 38 trillion I don't are we 36 trillion 38 trillion I don't are we 36 trillion 38 trillion I don't know I've lost track like 28 trillion know I've lost track like 28 trillion know I've lost track like 28 trillion something like that you know that range something like that you know that range something like that you know that range give or take a trillion right and so give or take a trillion right and so give or take a trillion right and so you're like is that a real economy or you're like is that a real economy or you're like is that a real economy or are we just pretending is there going to are we just pretending is there going to are we just pretending is there going to be a big bang are we going to crash into be a big bang are we going to crash into be a big bang are we going to crash into are we all crash test dummies for are we all crash test dummies for are we all crash test dummies for economy I don't know well I mean I would economy I don't know well I mean I would economy I don't know well I mean I would say there's a couple of distinctions one say there's a couple of distinctions one say there's a couple of distinctions one is I think Leonard's talking more about is I think Leonard's talking more about is I think Leonard's talking more about the stock market than the economy so I the stock market than the economy so I the stock market than the economy so I think there's there is definitely the think there's there is definitely the think there's there is definitely the stock market's always based on sort of stock market's always based on sort of stock market's always based on sort of future expectations and there's a lot of future expectations and there's a lot of future expectations and there's a lot of Stories being told on stuff that's not Stories being told on stuff that's not Stories being told on stuff that's not really happening I think on the economy really happening I think on the economy really happening I think on the economy side you know there there's there's side you know there there's there's side you know there there's there's there there's real goods and services there there's real goods and services there there's real goods and services being manufactured and produced and sold being manufactured and produced and sold being manufactured and produced and sold and you know on the whether that's

and you know on the whether that's and you know on the whether that's financ through borrowing or finan financ through borrowing or finan financ through borrowing or finan another way that's kind of like a a another way that's kind of like a a another way that's kind of like a a whole other discussion and whether that whole other discussion and whether that whole other discussion and whether that matters that much is also kind of a matters that much is also kind of a matters that much is also kind of a whole of the discussion so we have a whole of the discussion so we have a whole of the discussion so we have a great economy I mean arguably the great economy I mean arguably the great economy I mean arguably the strongest economy in the world we just strongest economy in the world we just strongest economy in the world we just have a lot of debt that needs to be have a lot of debt that needs to be have a lot of debt that needs to be financed and you know I don't I don't financed and you know I don't I don't financed and you know I don't I don't necessarily have a a major problem with necessarily have a a major problem with necessarily have a a major problem with that uh as long as PE as long as the that uh as long as PE as long as the that uh as long as PE as long as the economy as long as we're producing goods economy as long as we're producing goods economy as long as we're producing goods and services and people are buying them and services and people are buying them and services and people are buying them and vice versa which seems to be the and vice versa which seems to be the and vice versa which seems to be the case if anything we're the Earth is case if anything we're the Earth is case if anything we're the Earth is producing too much and we're consuming producing too much and we're consuming producing too much and we're consuming too much and that's kind of driving a too much and that's kind of driving a too much and that's kind of driving a cycle that's not super sustainable but cycle that's not super sustainable but cycle that's not super sustainable but sustainable for you know for a while sustainable for you know for a while sustainable for you know for a while maybe then there you go so our new maybe then there you go so our new maybe then there you go so our new treasury secretary Pete treasury secretary Pete treasury secretary Pete Bernard got to tag one more thing on to Bernard got to tag one more thing on to Bernard got to tag one more thing on to that though and that is in the absence that though and that is in the absence that though and that is in the absence of debt you have of debt you have of debt you have nothing because without the without I nothing because without the without I nothing because without the without I mean without that what's what else is mean without that what's what else is mean without that what's what else is driving it you're everyone's trying to driving it you're everyone's trying to driving it you're everyone's trying to pay off those things you can't if you pay off those things you can't if you pay off those things you can't if you have zero credit you get no have zero credit you get no have zero credit you get no credit true you got to have some debt credit true you got to have some debt credit true you got to have some debt there's a lot of good debt out there there's a lot of good debt out there there's a lot of good debt out there yeah yeah so I mean it's it's it's a yeah yeah so I mean it's it's it's a yeah yeah so I mean it's it's it's a it's a it's one of those things I guess it's a it's one of those things I guess it's a it's one of those things I guess it's a necessary evil but um if you know it's a necessary evil but um if you know it's a necessary evil but um if you know in the absence of that you don't have in the absence of that you don't have in the absence of that you don't have anything everyone would just be happy anything everyone would just be happy anything everyone would just be happy and there's but you when you're valuing and there's but you when you're valuing and there's but you when you're valuing a a company though like if you're doing a a company though like if you're doing a a company though like if you're doing an m&a thing you know that's one of the an m&a thing you know that's one of the an m&a thing you know that's one of the things you're looking at their balance things you're looking at their balance things you're looking at their balance sheet is how much debt do they have that

sheet is how much debt do they have that sheet is how much debt do they have that you've got to take on and that's thought you've got to take on and that's thought you've got to take on and that's thought of as a negative actually uh I mean I of as a negative actually uh I mean I of as a negative actually uh I mean I get saying about get saying about get saying about credit yeah I mean I was actually credit yeah I mean I was actually credit yeah I mean I was actually talking you know um an Economy based on talking you know um an Economy based on talking you know um an Economy based on uh a based on uh a based on uh a based on the the reporting of activities like uh the the reporting of activities like uh the the reporting of activities like uh posting a a snazzy new dance on Tik Tok posting a a snazzy new dance on Tik Tok posting a a snazzy new dance on Tik Tok and then getting paid by advertisers who and then getting paid by advertisers who and then getting paid by advertisers who then go then go then go and then pay for manufactured and then pay for manufactured and then pay for manufactured engagement and fake personas fake engagement and fake personas fake engagement and fake personas fake influence uh you know think about how influence uh you know think about how influence uh you know think about how big that portion of the economy is then big that portion of the economy is then big that portion of the economy is then we have an we have an we have an increasing uh investment and increasing uh investment and increasing uh investment and infrastructures that support deep fakes infrastructures that support deep fakes infrastructures that support deep fakes uh cyber new Cyber criminal uh cyber new Cyber criminal uh cyber new Cyber criminal capabilities um and and this is where a capabilities um and and this is where a capabilities um and and this is where a lot of the investment's going so this lot of the investment's going so this lot of the investment's going so this thesis of like you know generative AI uh thesis of like you know generative AI uh thesis of like you know generative AI uh fostering you know intent-based fostering you know intent-based fostering you know intent-based Automation and personalization of your Automation and personalization of your Automation and personalization of your life those are all hypothetical what's life those are all hypothetical what's life those are all hypothetical what's actually true is are the more nefarious actually true is are the more nefarious actually true is are the more nefarious and detrimental applications of and detrimental applications of and detrimental applications of Technologies they are they are very very Technologies they are they are very very Technologies they are they are very very real there's nothing hypothetical about real there's nothing hypothetical about real there's nothing hypothetical about these things right you know like you I'm these things right you know like you I'm these things right you know like you I'm I'm really excited to go to the um RSA I'm really excited to go to the um RSA I'm really excited to go to the um RSA conference this year because in 2020

conference this year because in 2020 conference this year because in 2020 2023 they thought they they were on a 2023 they thought they they were on a 2023 they thought they they were on a high thinking generative AI is going to high thinking generative AI is going to high thinking generative AI is going to save the world okay 2024 they were save the world okay 2024 they were save the world okay 2024 they were their pants going oh my God if their pants going oh my God if their pants going oh my God if we release this thing into the wild in we release this thing into the wild in we release this thing into the wild in in our in our in our networks this is like Doomsday for us networks this is like Doomsday for us networks this is like Doomsday for us this is what the cios C cesos the this is what the cios C cesos the this is what the cios C cesos the practitioners are saying even vendors practitioners are saying even vendors practitioners are saying even vendors are stepping away from the thing going are stepping away from the thing going are stepping away from the thing going man this thing is like not man this thing is like not man this thing is like not cool this year I wonder what's going to cool this year I wonder what's going to cool this year I wonder what's going to happen especially with open AI you know happen especially with open AI you know happen especially with open AI you know announcing that what's that thing called announcing that what's that thing called announcing that what's that thing called operator thetic their agents yeah right operator thetic their agents yeah right operator thetic their agents yeah right yeah and Rob you and I posted on that yeah and Rob you and I posted on that yeah and Rob you and I posted on that post by whoever I don't know dude what post by whoever I don't know dude what post by whoever I don't know dude what did you think it sounds like well you did you think it sounds like well you did you think it sounds like well you know it's know it's know it's just just because you can should you just just because you can should you just just because you can should you right kind of stuff and they're excited right kind of stuff and they're excited right kind of stuff and they're excited as they make it work and everything like as they make it work and everything like as they make it work and everything like that you know and then you know as that you know and then you know as that you know and then you know as Morpheus told us in The Matrix you know Morpheus told us in The Matrix you know Morpheus told us in The Matrix you know in the early part of the 21st century in the early part of the 21st century in the early part of the 21st century mankind marveled at its genius as it mankind marveled at its genius as it mankind marveled at its genius as it brought artificial intelligence to brought artificial intelligence to brought artificial intelligence to life then the next moment we don't know life then the next moment we don't know life then the next moment we don't know who struck first us or them and so who struck first us or them and so who struck first us or them and so that's kind of we're kind of following that's kind of we're kind of following that's kind of we're kind of following that Playbook right we're like look how that Playbook right we're like look how that Playbook right we're like look how smart we are look what we did oh my God smart we are look what we did oh my God smart we are look what we did oh my God we were so wrong we were so wrong we were so wrong um I always think of that scene from um I always think of that scene from um I always think of that scene from Remember The Alien movie Prometheus U Remember The Alien movie Prometheus U Remember The Alien movie Prometheus U the woman Naomi Pace there's that scene

the woman Naomi Pace there's that scene the woman Naomi Pace there's that scene where she's like we were so where she's like we were so where she's like we were so wrong yeah that was a good movie by the wrong yeah that was a good movie by the wrong yeah that was a good movie by the way that was a good movie that was a way that was a good movie that was a way that was a good movie that was a good movie Tom how did you feel the good movie Tom how did you feel the good movie Tom how did you feel the other night or it was the morning for other night or it was the morning for other night or it was the morning for you uh it was the night I remember I was you uh it was the night I remember I was you uh it was the night I remember I was at a bar in Portland at a bar in Portland at a bar in Portland Oregon and uh all of a sudden I got a Oregon and uh all of a sudden I got a Oregon and uh all of a sudden I got a dialogue box that popped up on my Tik dialogue box that popped up on my Tik dialogue box that popped up on my Tik Tok because Leonard was talking about Tok because Leonard was talking about Tok because Leonard was talking about the fake world that you and I live in the fake world that you and I live in the fake world that you and I live in cuz we're big-time ticktockers I'm not cuz we're big-time ticktockers I'm not cuz we're big-time ticktockers I'm not as big a deal as you are of course what as big a deal as you are of course what as big a deal as you are of course what was your what was your did that happen was your what was your did that happen was your what was your did that happen to you or did it not happen because to you or did it not happen because to you or did it not happen because you're in the UK maybe it didn't maybe you're in the UK maybe it didn't maybe you're in the UK maybe it didn't maybe nothing changed nothing changed yeah so nothing changed nothing changed yeah so nothing changed nothing changed yeah so no nothing changed at all right we no nothing changed at all right we no nothing changed at all right we didn't get the dialogue box and life is didn't get the dialogue box and life is didn't get the dialogue box and life is good you know we we're still on Tik Tok good you know we we're still on Tik Tok good you know we we're still on Tik Tok we're still loving it um I love your we're still loving it um I love your we're still loving it um I love your movie quotes I love how you inject them movie quotes I love how you inject them movie quotes I love how you inject them by the way and they're so act rob you by the way and they're so act rob you by the way and they're so act rob you know this is so so on the money um it's know this is so so on the money um it's know this is so so on the money um it's a I think it's a crazy time at the a I think it's a crazy time at the a I think it's a crazy time at the moment the whole Stargate thing I mean moment the whole Stargate thing I mean moment the whole Stargate thing I mean it's just so I just find it hilarious it's just so I just find it hilarious it's just so I just find it hilarious how everything is just named after films how everything is just named after films how everything is just named after films right now you know you've got Doge and right now you know you've got Doge and right now you know you've got Doge and you got Stargate and then like you know you got Stargate and then like you know you got Stargate and then like you know it's just like what's next it's like art it's just like what's next it's like art it's just like what's next it's like art art imitating life and life imitating art imitating life and life imitating art imitating life and life imitating art right I think you're right I think art right I think you're right I think art right I think you're right I think you're right so I was studying you know you're right so I was studying you know you're right so I was studying you know because like focus on cloud because like focus on cloud because like focus on cloud infrastructure and data center and stuff infrastructure and data center and stuff infrastructure and data center and stuff like that I was quite a while ago like that I was quite a while ago like that I was quite a while ago looking at a company called cruso looking at a company called cruso looking at a company called cruso they're based in San Francisco yeah I they're based in San Francisco yeah I they're based in San Francisco yeah I know and the News a long time ago was

know and the News a long time ago was know and the News a long time ago was hey we're going to do this thing out in hey we're going to do this thing out in hey we're going to do this thing out in West Texas uh we're going to use some West Texas uh we're going to use some West Texas uh we're going to use some excess energy like um there's excess excess energy like um there's excess excess energy like um there's excess natural gas that comes off you know cuz natural gas that comes off you know cuz natural gas that comes off you know cuz out in West Texas like so this thing out in West Texas like so this thing out in West Texas like so this thing this whole thing we're talking about is this whole thing we're talking about is this whole thing we're talking about is happening in this town called abalene happening in this town called abalene happening in this town called abalene and then just west of it is the peran and then just west of it is the peran and then just west of it is the peran Basin which is where most of the oil Basin which is where most of the oil Basin which is where most of the oil comes from Midland Odessa all that stuff comes from Midland Odessa all that stuff comes from Midland Odessa all that stuff if you watch the show if you watch the show if you watch the show landman oh I saw that I saw that first landman oh I saw that I saw that first landman oh I saw that I saw that first episode yeah that's hardcore isn't it episode yeah that's hardcore isn't it episode yeah that's hardcore isn't it hardcore Billy but it shows you what a hardcore Billy but it shows you what a hardcore Billy but it shows you what a tough life that is to be a rough neck tough life that is to be a rough neck tough life that is to be a rough neck out in the oil patch um anywh who they out in the oil patch um anywh who they out in the oil patch um anywh who they were talking about this excess natural were talking about this excess natural were talking about this excess natural gas they were actually originally going gas they were actually originally going gas they were actually originally going to build like mini data centers or to build like mini data centers or to build like mini data centers or things out near right in the oil fields things out near right in the oil fields things out near right in the oil fields and capture that energy right there um and capture that energy right there um and capture that energy right there um and they were working with the that's and they were working with the that's and they were working with the that's company called lansum that's in the company called lansum that's in the company called lansum that's in the Woodlands Texas it's north of Houston Woodlands Texas it's north of Houston Woodlands Texas it's north of Houston and they they they were doing this and they they they were doing this and they they they were doing this energy campuses and they kind of got energy campuses and they kind of got energy campuses and they kind of got together and they were headed down a together and they were headed down a together and they were headed down a path and then they decided to Pivot and path and then they decided to Pivot and path and then they decided to Pivot and say Hey you know and it was originally say Hey you know and it was originally say Hey you know and it was originally about Bitcoin I think Leonard made a about Bitcoin I think Leonard made a about Bitcoin I think Leonard made a comment about craziness around Bitcoin comment about craziness around Bitcoin comment about craziness around Bitcoin lately uh you know because that was the lately uh you know because that was the lately uh you know because that was the thing back in the time crypto mining thing back in the time crypto mining thing back in the time crypto mining yeah Bitcoin mining there's you know yeah Bitcoin mining there's you know yeah Bitcoin mining there's you know there's there's States there's whole there's there's States there's whole there's there's States there's whole countries that think that they should countries that think that they should countries that think that they should spend all their energy mining Bitcoin spend all their energy mining Bitcoin spend all their energy mining Bitcoin actually like that's the most important actually like that's the most important actually like that's the most important thing they could be thing they could be thing they could be doing maybe I don't know I if that's a doing maybe I don't know I if that's a doing maybe I don't know I if that's a good use of energy who are we to judge good use of energy who are we to judge good use of energy who are we to judge who are we to judge and so these guys who are we to judge and so these guys who are we to judge and so these guys got together out there and then they got together out there and then they got together out there and then they when the whole AI thing came about they

when the whole AI thing came about they when the whole AI thing came about they pivoted who else do we know that pivoted pivoted who else do we know that pivoted pivoted who else do we know that pivoted from being good for accelerating Bitcoin from being good for accelerating Bitcoin from being good for accelerating Bitcoin mining to accelerating mining to accelerating mining to accelerating AI our good friend Jensen um you know so AI our good friend Jensen um you know so AI our good friend Jensen um you know so Nvidia the hype around viia gpus was Nvidia the hype around viia gpus was Nvidia the hype around viia gpus was originally for Bitcoin mining it originally for Bitcoin mining it originally for Bitcoin mining it accelerated it dramatically um so anyway accelerated it dramatically um so anyway accelerated it dramatically um so anyway it works for AI so let's pivot and so it works for AI so let's pivot and so it works for AI so let's pivot and so these guys are out there building this these guys are out there building this these guys are out there building this campus and so they're building it out in campus and so they're building it out in campus and so they're building it out in this town called abalene and they're um this town called abalene and they're um this town called abalene and they're um and there's also this will seem strange and there's also this will seem strange and there's also this will seem strange to you you know um even though you think to you you know um even though you think to you you know um even though you think West Texas and oil it's actually there's West Texas and oil it's actually there's West Texas and oil it's actually there's the most wind and solar in the United the most wind and solar in the United the most wind and solar in the United States is also out there believe it or States is also out there believe it or States is also out there believe it or not um and so they were really thinking not um and so they were really thinking not um and so they were really thinking Renewables to to power this data center Renewables to to power this data center Renewables to to power this data center and then as they started construction of and then as they started construction of and then as they started construction of this data center out there and you know this data center out there and you know this data center out there and you know driven by cruso Oracle came in and took driven by cruso Oracle came in and took driven by cruso Oracle came in and took a and leased the whole thing and Oracle a and leased the whole thing and Oracle a and leased the whole thing and Oracle has a multi multi- multi multi-year has a multi multi- multi multi-year has a multi multi- multi multi-year lease on 100% of it a lot of people were lease on 100% of it a lot of people were lease on 100% of it a lot of people were wondering why did they see Larry Ellison wondering why did they see Larry Ellison wondering why did they see Larry Ellison in the Oval Office there with with Sam in the Oval Office there with with Sam in the Oval Office there with with Sam and and Trump and Masa and that's part and and Trump and Masa and that's part and and Trump and Masa and that's part of the reason is because Oracle already of the reason is because Oracle already of the reason is because Oracle already had a lease on that data center stuff had a lease on that data center stuff had a lease on that data center stuff there being built already kind of just there being built already kind of just there being built already kind of just kind of give you the backstory how did kind of give you the backstory how did kind of give you the backstory how did we get here of those characters all in we get here of those characters all in we get here of those characters all in up there you also this weirdness yes up there you also this weirdness yes up there you also this weirdness yes Stargate had been mentioned before with Stargate had been mentioned before with Stargate had been mentioned before with with open Ai and Microsoft a little bit with open Ai and Microsoft a little bit with open Ai and Microsoft a little bit uh last year um obviously there's some

uh last year um obviously there's some uh last year um obviously there's some weirdness um like Microsoft is basically weirdness um like Microsoft is basically weirdness um like Microsoft is basically funded all of open ai's Adventures via funded all of open ai's Adventures via funded all of open ai's Adventures via here's a bunch of infrastructure we here's a bunch of infrastructure we here's a bunch of infrastructure we we're giving you free Cloud we're giving you free Cloud we're giving you free Cloud infrastructure billions and billions I infrastructure billions and billions I infrastructure billions and billions I think what was it 13 14 billion dollar think what was it 13 14 billion dollar think what was it 13 14 billion dollar that Microsoft invested in opena to and that Microsoft invested in opena to and that Microsoft invested in opena to and then Sam alman's been like I need more I then Sam alman's been like I need more I then Sam alman's been like I need more I need more I need a lot more you know I need more I need a lot more you know I need more I need a lot more you know I want to get to AGI you probably also want to get to AGI you probably also want to get to AGI you probably also heard the stories about well AGI heard the stories about well AGI heard the stories about well AGI actually is when we you make a hundred actually is when we you make a hundred actually is when we you make a hundred billion dollars or something crazy like billion dollars or something crazy like billion dollars or something crazy like that it's not even about science it's that it's not even about science it's that it's not even about science it's about the fake economy that Leonard's about the fake economy that Leonard's about the fake economy that Leonard's talking about right and so uh there's talking about right and so uh there's talking about right and so uh there's whole Microsoft deal and so actually so whole Microsoft deal and so actually so whole Microsoft deal and so actually so Sam had to spend some time with Sati and Sam had to spend some time with Sati and Sam had to spend some time with Sati and nadela and adjust their deal that they nadela and adjust their deal that they nadela and adjust their deal that they have have have because Microsoft has exclusive with because Microsoft has exclusive with because Microsoft has exclusive with open AI for all this stuff and now Sam's open AI for all this stuff and now Sam's open AI for all this stuff and now Sam's like feeling like he's not getting like feeling like he's not getting like feeling like he's not getting enough or what he wants from Satia and enough or what he wants from Satia and enough or what he wants from Satia and so then all of a sudden this thing pops so then all of a sudden this thing pops so then all of a sudden this thing pops up uh to get insane you know compute up uh to get insane you know compute up uh to get insane you know compute that he needs to train even bigger and that he needs to train even bigger and that he needs to train even bigger and bigger and bigger models and stuff like bigger and bigger models and stuff like bigger and bigger models and stuff like that and so he talks to SAA it's like that and so he talks to SAA it's like that and so he talks to SAA it's like how do I how do we adjust this deal so how do I how do we adjust this deal so how do I how do we adjust this deal so Sati ultimately agrees to make an Sati ultimately agrees to make an Sati ultimately agrees to make an exception and change just a a little bit exception and change just a a little bit exception and change just a a little bit of the deal so that not 100% exclusive of the deal so that not 100% exclusive of the deal so that not 100% exclusive Sam can go get compute infrastructure Sam can go get compute infrastructure Sam can go get compute infrastructure from somewhere else also ironically to from somewhere else also ironically to from somewhere else also ironically to tie in Elon to this since you're driving tie in Elon to this since you're driving tie in Elon to this since you're driving a Tesla Elon had also looked at at the a Tesla Elon had also looked at at the a Tesla Elon had also looked at at the abene site like a year ago or more

abene site like a year ago or more abene site like a year ago or more actually and then ultimately passed on actually and then ultimately passed on actually and then ultimately passed on it and did the thing in Tennessee for it and did the thing in Tennessee for it and did the thing in Tennessee for his for his AI stuff that he's doing on his for his AI stuff that he's doing on his for his AI stuff that he's doing on X um and so the X AI whatever so that's X um and so the X AI whatever so that's X um and so the X AI whatever so that's an interesting tie-in and so you've got an interesting tie-in and so you've got an interesting tie-in and so you've got and so you say okay this looks like a a and so you say okay this looks like a a and so you say okay this looks like a a net positive for Oracle initially it net positive for Oracle initially it net positive for Oracle initially it seems like a net negative for seems like a net negative for seems like a net negative for Microsoft because it feels like oh no Microsoft because it feels like oh no Microsoft because it feels like oh no Microsoft's losing a lot of that love Microsoft's losing a lot of that love Microsoft's losing a lot of that love but it's really not a negative for them but it's really not a negative for them but it's really not a negative for them because they still have all the rights because they still have all the rights because they still have all the rights to all the IP and everything that comes to all the IP and everything that comes to all the IP and everything that comes out of what Sam and Company figures out out of what Sam and Company figures out out of what Sam and Company figures out at open Ai and they'll actually kind of at open Ai and they'll actually kind of at open Ai and they'll actually kind of get that benefit for free now because get that benefit for free now because get that benefit for free now because Sam's found you know we got Masa we've Sam's found you know we got Masa we've Sam's found you know we got Masa we've got mgx out of the UAE funding money now got mgx out of the UAE funding money now got mgx out of the UAE funding money now the Saudis are going to drop money money the Saudis are going to drop money money the Saudis are going to drop money money is actually coming in from everywhere I is actually coming in from everywhere I is actually coming in from everywhere I know you know obviously you saw Elon on know you know obviously you saw Elon on know you know obviously you saw Elon on X going there's no money it's all fake X going there's no money it's all fake X going there's no money it's all fake you don't have you don't barely even you don't have you don't barely even you don't have you don't barely even have 10 billion money is coming from all have 10 billion money is coming from all have 10 billion money is coming from all over the place um and so it'll happen I over the place um and so it'll happen I over the place um and so it'll happen I think in the near- term though all we're think in the near- term though all we're think in the near- term though all we're going to hear about is this one site I going to hear about is this one site I going to hear about is this one site I think they might build up to 10 data think they might build up to 10 data think they might build up to 10 data centers in this giant campus cuz centers in this giant campus cuz centers in this giant campus cuz obviously the other part of the obviously the other part of the obviously the other part of the discussion is none of this stuff happens discussion is none of this stuff happens discussion is none of this stuff happens overnight this is a major construction overnight this is a major construction overnight this is a major construction project right and so it's going to take project right and so it's going to take project right and so it's going to take a while I mean that first I think the a while I mean that first I think the a while I mean that first I think the first one or two buildings of the data first one or two buildings of the data first one or two buildings of the data center will probably come online in the center will probably come online in the center will probably come online in the first half of this year but we it's all

first half of this year but we it's all first half of this year but we it's all GNA be Blackwell driven um and so we GNA be Blackwell driven um and so we GNA be Blackwell driven um and so we need lots of Blackwell gpus from Jensen need lots of Blackwell gpus from Jensen need lots of Blackwell gpus from Jensen hey Jensen you know and so plenty of hey Jensen you know and so plenty of hey Jensen you know and so plenty of those available oh yeah they're just you those available oh yeah they're just you those available oh yeah they're just you know I saw them at a flea market the know I saw them at a flea market the know I saw them at a flea market the other day other day other day that's right had a cardboard box filled that's right had a cardboard box filled that's right had a cardboard box filled with them at the at the local swap meet with them at the at the local swap meet with them at the at the local swap meet yeah Rob I'm somewhat uh disappointed yeah Rob I'm somewhat uh disappointed yeah Rob I'm somewhat uh disappointed and surprised that you're giving us this and surprised that you're giving us this and surprised that you're giving us this whole backstory you're talking about whole backstory you're talking about whole backstory you're talking about Larry Ellison and what he's doing over Larry Ellison and what he's doing over Larry Ellison and what he's doing over there but you're not telling us about there but you're not telling us about there but you're not telling us about his chain of uh cryo chambers that he's his chain of uh cryo chambers that he's his chain of uh cryo chambers that he's going to build because he's that cat is going to build because he's that cat is going to build because he's that cat is like 99 years old and he looks like he's like 99 years old and he looks like he's like 99 years old and he looks like he's 36 and runs multim marathons a week yeah 36 and runs multim marathons a week yeah 36 and runs multim marathons a week yeah it's the transfusions of young person it's the transfusions of young person it's the transfusions of young person blood they that's what it is so I blood they that's what it is so I blood they that's what it is so I thought he was going to open a chain of thought he was going to open a chain of thought he was going to open a chain of these businesses that we can pay with these businesses that we can pay with these businesses that we can pay with meme coins and he generate money and we meme coins and he generate money and we meme coins and he generate money and we can also stay young forever I mean you can also stay young forever I mean you can also stay young forever I mean you know you know Bill's a customer I mean know you know Bill's a customer I mean know you know Bill's a customer I mean Bill looks like he's 28 look at this Bill looks like he's 28 look at this Bill looks like he's 28 look at this guy yeah you're right yeah I have a guy yeah you're right yeah I have a guy yeah you're right yeah I have a perfect I have a perfect name for that perfect I have a perfect name for that perfect I have a perfect name for that uh Enterprise for him call he can call uh Enterprise for him call he can call uh Enterprise for him call he can call it KH KH H an like as Wrath of KH KH KH H an like as Wrath of KH k n like like Wrath of KH like the wrath k n like like Wrath of KH like the wrath k n like like Wrath of KH like the wrath of KH

of KH of KH yeah Kirk give me Genesis little earworm yeah Kirk give me Genesis little earworm yeah Kirk give me Genesis little earworm thing yeah exactly I hate that earworm thing yeah exactly I hate that earworm thing yeah exactly I hate that earworm thing that really sucked by the way with thing that really sucked by the way with thing that really sucked by the way with the Stargate thing I would not be the Stargate thing I would not be the Stargate thing I would not be surprised if the Stargate stuff first of surprised if the Stargate stuff first of surprised if the Stargate stuff first of all so Stargate just kind of giant data all so Stargate just kind of giant data all so Stargate just kind of giant data center that's going to train a bunch of center that's going to train a bunch of center that's going to train a bunch of new models and stuff like that which you new models and stuff like that which you new models and stuff like that which you know you could argue there's I think know you could argue there's I think know you could argue there's I think Microsoft has like 600 data Cent I mean Microsoft has like 600 data Cent I mean Microsoft has like 600 data Cent I mean you know yet another data center to you know yet another data center to you know yet another data center to train yet another set of models um to me train yet another set of models um to me train yet another set of models um to me it doesn't feel very differentiated it doesn't feel very differentiated it doesn't feel very differentiated except that Oracle involved which is except that Oracle involved which is except that Oracle involved which is kind of frankly odd I mean I love Oracle kind of frankly odd I mean I love Oracle kind of frankly odd I mean I love Oracle nice people it feels odd but now you nice people it feels odd but now you nice people it feels odd but now you know why OD well they're there because know why OD well they're there because know why OD well they're there because no one else is and and yeah Larry has no one else is and and yeah Larry has no one else is and and yeah Larry has the land so so yeah but I I would be I the land so so yeah but I I would be I the land so so yeah but I I would be I would not be surprised I think the next would not be surprised I think the next would not be surprised I think the next shoe to drop in this total speculation shoe to drop in this total speculation shoe to drop in this total speculation is I think we're going to see open AI is I think we're going to see open AI is I think we're going to see open AI sort of design their own chips so I sort of design their own chips so I sort of design their own chips so I think we're going to see open AI chips think we're going to see open AI chips think we're going to see open AI chips as part of this project uh because as part of this project uh because as part of this project uh because they're probably not going to get they're probably not going to get they're probably not going to get everything they need from Nvidia and everything they need from Nvidia and everything they need from Nvidia and they won't be they won't be at the top they won't be they won't be at the top they won't be they won't be at the top of the list to get chips relative to AWS of the list to get chips relative to AWS of the list to get chips relative to AWS and Microsoft and Pete we're going to and Microsoft and Pete we're going to and Microsoft and Pete we're going to the sign and build in in in USA right the sign and build in in in USA right the sign and build in in in USA right right Pete yeah design and build B all right Pete yeah design and build B all right Pete yeah design and build B all subsidized by the chips act and new open subsidized by the chips act and new open subsidized by the chips act and new open AI inference and training chips um and AI inference and training chips um and AI inference and training chips um and what company is going to be taking what company is going to be taking what company is going to be taking advantage of that and is going to advantage of that and is going to advantage of that and is going to benefit from that special chip making benefit from that special chip making benefit from that special chip making could it be could it be could it be broadcom could be

broadcom could be broadcom could be broadcom may may maybe Intel can lease broadcom may may maybe Intel can lease broadcom may may maybe Intel can lease uh one of the factories in Arizona that uh one of the factories in Arizona that uh one of the factories in Arizona that has Intel will fabit Intel will fabit has Intel will fabit Intel will fabit has Intel will fabit Intel will fabit it's open AI chip powers of Stargate it's open AI chip powers of Stargate it's open AI chip powers of Stargate blah blah blah yeah what if you found blah blah blah yeah what if you found blah blah blah yeah what if you found out actually that the whole thing was a out actually that the whole thing was a out actually that the whole thing was a ruse you know like Leonard's saying we ruse you know like Leonard's saying we ruse you know like Leonard's saying we this whole thing our whole life is an this whole thing our whole life is an this whole thing our whole life is an illusion what if the whole thing was illusion what if the whole thing was illusion what if the whole thing was this giant machine that Larry Ellison's this giant machine that Larry Ellison's this giant machine that Larry Ellison's building to create eternal life and and building to create eternal life and and building to create eternal life and and anti-aging some kind of device some kind anti-aging some kind of device some kind anti-aging some kind of device some kind of machine goes back to the Leonard's of machine goes back to the Leonard's of machine goes back to the Leonard's Khan idea I yeah exactly what if Khan idea I yeah exactly what if Khan idea I yeah exactly what if Stargate actually had a different Stargate actually had a different Stargate actually had a different meaning than we think what you know meaning than we think what you know meaning than we think what you know going back to that though uh and I think going back to that though uh and I think going back to that though uh and I think um so one of the great potentials of um so one of the great potentials of um so one of the great potentials of this technology this AGI stuff is in this technology this AGI stuff is in this technology this AGI stuff is in weaponization um you know it's great at weaponization um you know it's great at weaponization um you know it's great at making stuff up I mean we have to making stuff up I mean we have to making stuff up I mean we have to recognize it's recognize it's recognize it's fundamental competency you know it's fundamental competency you know it's fundamental competency you know it's it's superpower it's we it can make it's superpower it's we it can make it's superpower it's we it can make stuff up accuracy reliability all these stuff up accuracy reliability all these stuff up accuracy reliability all these things are not intrinsic to you know a things are not intrinsic to you know a things are not intrinsic to you know a probabilistic system right and this is probabilistic system right and this is probabilistic system right and this is like what everyone's warning people like what everyone's warning people like what everyone's warning people about but it could have tremendous value about but it could have tremendous value about but it could have tremendous value in generating like fake manipulative in generating like fake manipulative in generating like fake manipulative content and I don't know man I mean I content and I don't know man I mean I content and I don't know man I mean I think that's like the first tier of think that's like the first tier of think that's like the first tier of benefit before you get to let's say benefit before you get to let's say benefit before you get to let's say productive productive productive beneficial uh Ai and you know this whole

beneficial uh Ai and you know this whole beneficial uh Ai and you know this whole thesis that accelerated Computing is thesis that accelerated Computing is thesis that accelerated Computing is going to take over everything I think is going to take over everything I think is going to take over everything I think is is um just delusional um there's huge is um just delusional um there's huge is um just delusional um there's huge benefit in programmatic software and benefit in programmatic software and benefit in programmatic software and applications that do you know one plus applications that do you know one plus applications that do you know one plus one equals two without burning down a one equals two without burning down a one equals two without burning down a forest you know what I'm forest you know what I'm forest you know what I'm saying and so this is where I think saying and so this is where I think saying and so this is where I think everyone is just everyone is just everyone is just just people who should be smarter are just people who should be smarter are just people who should be smarter are losing it or they're doing this losing it or they're doing this losing it or they're doing this intentionally for intentionally for intentionally for different that I you know I think is not different that I you know I think is not different that I you know I think is not part of the conventional thinking so are part of the conventional thinking so are part of the conventional thinking so are you know it military R&D okay I then it you know it military R&D okay I then it you know it military R&D okay I then it becomes a semi what is it private public becomes a semi what is it private public becomes a semi what is it private public partnership uh to uh you know stay ahead partnership uh to uh you know stay ahead partnership uh to uh you know stay ahead of China because I think that's what was of China because I think that's what was of China because I think that's what was really driving this anxiety especially really driving this anxiety especially really driving this anxiety especially with like deep seek you know that with like deep seek you know that with like deep seek you know that Chinese company that basically trained a Chinese company that basically trained a Chinese company that basically trained a model that's just as good as uh you know model that's just as good as uh you know model that's just as good as uh you know anything that open AI has done in fact anything that open AI has done in fact anything that open AI has done in fact open AI Engineers freaked out they're open AI Engineers freaked out they're open AI Engineers freaked out they're doing off of A1 100s which is like you doing off of A1 100s which is like you doing off of A1 100s which is like you know two generations behind the well know two generations behind the well know two generations behind the well yeah old school stuff uh and and yeah old school stuff uh and and yeah old school stuff uh and and Throttle Down a much smaller cluster for Throttle Down a much smaller cluster for Throttle Down a much smaller cluster for onet of the cost at the same with the onet of the cost at the same with the onet of the cost at the same with the same amount you know in the same amount same amount you know in the same amount same amount you know in the same amount of time which is around three of time which is around three of time which is around three months uh that should scare the crap out months uh that should scare the crap out months uh that should scare the crap out of a lot of people and question what how

of a lot of people and question what how of a lot of people and question what how where why you know where is all this where why you know where is all this where why you know where is all this money going if China the Chinese can do money going if China the Chinese can do money going if China the Chinese can do it for one tenth of the it for one tenth of the it for one tenth of the cost and get a a a probably more cost and get a a a probably more cost and get a a a probably more reliable reliable reliable model I don't know how do you compete uh model I don't know how do you compete uh model I don't know how do you compete uh who said but you know you we've used the word ruse so know you we've used the word ruse so okay you have this thing a tenth of the okay you have this thing a tenth of the okay you have this thing a tenth of the cost just as efficient why will you pay cost just as efficient why will you pay cost just as efficient why will you pay 10x the cost and make it less efficient 10x the cost and make it less efficient 10x the cost and make it less efficient if it's not to launder money if it's not to launder money if it's not to launder money boom I mean that's it and then let's you boom I mean that's it and then let's you boom I mean that's it and then let's you know next topic yeah it's a good point know next topic yeah it's a good point know next topic yeah it's a good point this is reminiscent to like how the this is reminiscent to like how the this is reminiscent to like how the Indians launched and dropped a probe on Indians launched and dropped a probe on Indians launched and dropped a probe on the moon for like 20 bucks or something the moon for like 20 bucks or something the moon for like 20 bucks or something like that you know yeah remember a like that you know yeah remember a like that you know yeah remember a couple years ago people like they didn't couple years ago people like they didn't couple years ago people like they didn't need NASA and trillions of dollars and need NASA and trillions of dollars and need NASA and trillions of dollars and millions of people working around the millions of people working around the millions of people working around the clock oh wait a minute this is kind of clock oh wait a minute this is kind of clock oh wait a minute this is kind of [Laughter] [Laughter] [Laughter] easy oh my gosh I love it we'll see but easy oh my gosh I love it we'll see but easy oh my gosh I love it we'll see but the issue is like these types of the issue is like these types of the issue is like these types of announcements like Stargate they now announcements like Stargate they now announcements like Stargate they now there's a whole bunch of other companies there's a whole bunch of other companies there's a whole bunch of other companies and other countries are saying oh we and other countries are saying oh we and other countries are saying oh we need to match the hype with our own need to match the hype with our own need to match the hype with our own initiative why are we falling behind you initiative why are we falling behind you initiative why are we falling behind you know the AI Gap and so I think we're know the AI Gap and so I think we're know the AI Gap and so I think we're just this is the shape of things to come just this is the shape of things to come just this is the shape of things to come to Leonard's Point there's a lot of to Leonard's Point there's a lot of to Leonard's Point there's a lot of there's going to be a lot of there's going to be a lot of there's going to be a lot of Storytelling going on and I think it' be Storytelling going on and I think it' be Storytelling going on and I think it' be it'd be wise for Business Leaders and

it'd be wise for Business Leaders and it'd be wise for Business Leaders and other folks to keep their eye on the other folks to keep their eye on the other folks to keep their eye on the reality of what's Deployable and reality of what's Deployable and reality of what's Deployable and developable and you know doing how can developable and you know doing how can developable and you know doing how can they how can they when they have they how can they when they have they how can they when they have employees that are telling them we can employees that are telling them we can employees that are telling them we can do do do this well on a on on a Ser on a serious this well on a on on a Ser on a serious this well on a on on a Ser on a serious comment though you know uh and to Pete comment though you know uh and to Pete comment though you know uh and to Pete and Leonard's Point uh it's it's also and Leonard's Point uh it's it's also and Leonard's Point uh it's it's also now a matter of uh you know individual now a matter of uh you know individual now a matter of uh you know individual uh National Security um you know you uh National Security um you know you uh National Security um you know you have to keep what again whether it's have to keep what again whether it's have to keep what again whether it's military or your government like military or your government like military or your government like whatever it is uh there's going to be a whatever it is uh there's going to be a whatever it is uh there's going to be a lot of money exchanging hands because uh lot of money exchanging hands because uh lot of money exchanging hands because uh these governments have to use uh the these governments have to use uh the these governments have to use uh the tech technological advancements that are tech technological advancements that are tech technological advancements that are available to you know protect whatever available to you know protect whatever available to you know protect whatever is most precious to them in that is most precious to them in that is most precious to them in that particular geography the idea of relying particular geography the idea of relying particular geography the idea of relying on someone else's infrastructure for on someone else's infrastructure for on someone else's infrastructure for your fill in the blank right we don't your fill in the blank right we don't your fill in the blank right we don't need to uh it's it's going out of out of need to uh it's it's going out of out of need to uh it's it's going out of out of the window um I mean remember back in the window um I mean remember back in the window um I mean remember back in the day when Rob and I were young and we the day when Rob and I were young and we the day when Rob and I were young and we were talking to German companies about were talking to German companies about were talking to German companies about the cloud and they would ask where is the cloud and they would ask where is the cloud and they would ask where is that cloud and would say it's near that cloud and would say it's near that cloud and would say it's near Redmond Redmond Redmond Washington that was the end of the Washington that was the end of the Washington that was the end of the meeting so years later we decided hey meeting so years later we decided hey meeting so years later we decided hey we've got a data center here in country we've got a data center here in country we've got a data center here in country sovereignty data sovereignty yeah right sovereignty data sovereignty yeah right sovereignty data sovereignty yeah right yeah no there's AI sovereignty is out yeah no there's AI sovereignty is out yeah no there's AI sovereignty is out there too that's a big speaks there too that's a big speaks there too that's a big speaks sovereignty yeah hello Jeff hello aad

sovereignty yeah hello Jeff hello aad sovereignty yeah hello Jeff hello aad hello my we got to say yeah go I don't hello my we got to say yeah go I don't hello my we got to say yeah go I don't understand so I guess I'm a bit confused understand so I guess I'm a bit confused understand so I guess I'm a bit confused about this whole Stargate thing um about this whole Stargate thing um about this whole Stargate thing um obviously it's a big push it's you know obviously it's a big push it's you know obviously it's a big push it's you know going to be a big um buzz word we're going to be a big um buzz word we're going to be a big um buzz word we're going to be hearing for a long time and going to be hearing for a long time and going to be hearing for a long time and you know energy is important but I feel you know energy is important but I feel you know energy is important but I feel like you can't really dominate in this like you can't really dominate in this like you can't really dominate in this space if you're not making your own space if you're not making your own space if you're not making your own tips so I mean I think there's a there's tips so I mean I think there's a there's tips so I mean I think there's a there's a gap there and then also you know all a gap there and then also you know all a gap there and then also you know all this money and attention going going this money and attention going going this money and attention going going into Texas which have a highly into Texas which have a highly into Texas which have a highly deregulated power grid that can barely deregulated power grid that can barely deregulated power grid that can barely keep energy on for people who live there keep energy on for people who live there keep energy on for people who live there um you know I don't know what they're G um you know I don't know what they're G um you know I don't know what they're G to do with that and to do with that and to do with that and then you then you then you know I I don't know there to me there's know I I don't know there to me there's know I I don't know there to me there's just a lot of uh open questions about just a lot of uh open questions about just a lot of uh open questions about you know I I think infrastructure is you know I I think infrastructure is you know I I think infrastructure is important but would I say infrastructure important but would I say infrastructure important but would I say infrastructure was the most important thing that we're was the most important thing that we're was the most important thing that we're lacking I say probably not yeah you know lacking I say probably not yeah you know lacking I say probably not yeah you know I think they were saying okay Stargate I think they were saying okay Stargate I think they were saying okay Stargate and then we're going to work on XY you and then we're going to work on XY you and then we're going to work on XY you know you know some of it is Chip some of know you know some of it is Chip some of know you know some of it is Chip some of it is infrastructure or whatever but to it is infrastructure or whatever but to it is infrastructure or whatever but to throw all your eggs into the throw all your eggs into the throw all your eggs into the infrastructure bucket I don't I just infrastructure bucket I don't I just infrastructure bucket I don't I just don't see it you know I don't see it don't see it you know I don't see it don't see it you know I don't see it happening because even as um even as happening because even as um even as happening because even as um even as someone said I think P said you know um

someone said I think P said you know um someone said I think P said you know um Texas does have a lot of renewable right Texas does have a lot of renewable right Texas does have a lot of renewable right energy and and some of the the energy and and some of the the energy and and some of the the administration's things they're going administration's things they're going administration's things they're going after try to squash after try to squash after try to squash renewable so it's like to me it's a bit renewable so it's like to me it's a bit renewable so it's like to me it's a bit of a power of Babble around how they of a power of Babble around how they of a power of Babble around how they actually are going to execute on this actually are going to execute on this actually are going to execute on this stuff the larg part there is that to to stuff the larg part there is that to to stuff the larg part there is that to to Debbie's Point um and and I mean rob you Debbie's Point um and and I mean rob you Debbie's Point um and and I mean rob you know this Ott is is a train wreck um and know this Ott is is a train wreck um and know this Ott is is a train wreck um and I mean that's the bottom line I mean that's the bottom line I mean that's the bottom line with all of the Renewables that we have with all of the Renewables that we have with all of the Renewables that we have here there is no way that we should have here there is no way that we should have here there is no way that we should have these brown outs and blackouts and and these brown outs and blackouts and and these brown outs and blackouts and and and we we just shouldn't have those so and we we just shouldn't have those so and we we just shouldn't have those so it's it's it's 100% so this is the thing it's it's it's 100% so this is the thing it's it's it's 100% so this is the thing that I I get from it the Stargate whole that I I get from it the Stargate whole that I I get from it the Stargate whole concept I'm waiting for it to become a concept I'm waiting for it to become a concept I'm waiting for it to become a debacle because there is no way that debacle because there is no way that debacle because there is no way that you're going to have that many data you're going to have that many data you're going to have that many data centers running that many models using centers running that many models using centers running that many models using that much energy and have and have it be that much energy and have and have it be that much energy and have and have it be okay well but here's my expectation okay well but here's my expectation okay well but here's my expectation though and a lot of data center a lot of though and a lot of data center a lot of though and a lot of data center a lot of hypers scales are taking this approach hypers scales are taking this approach hypers scales are taking this approach they're they are building data centers they're they are building data centers they're they are building data centers with power power plants included and so with power power plants included and so with power power plants included and so behind the meter so you know I don't behind the meter so you know I don't behind the meter so you know I don't think Stargate is going to be using the think Stargate is going to be using the think Stargate is going to be using the the the public Grid in Texas for their the the public Grid in Texas for their the the public Grid in Texas for their electricity right they're going to be electricity right they're going to be electricity right they're going to be building a power plant with the data

building a power plant with the data building a power plant with the data center probably nuclear power or center probably nuclear power or center probably nuclear power or something and they will bypass the grid something and they will bypass the grid something and they will bypass the grid and the the issue is the the grid is so and the the issue is the the grid is so and the the issue is the the grid is so is 50 years old and and dropping H half is 50 years old and and dropping H half is 50 years old and and dropping H half half the amps that go through the grid half the amps that go through the grid half the amps that go through the grid drop on the ground or go into the air drop on the ground or go into the air drop on the ground or go into the air and that's really the issue so I don't and that's really the issue so I don't and that's really the issue so I don't think any and there's no hyperscale think any and there's no hyperscale think any and there's no hyperscale building a new data center these days building a new data center these days building a new data center these days that doesn't already have power behind that doesn't already have power behind that doesn't already have power behind the meter oh well that's the part that's the meter oh well that's the part that's the meter oh well that's the part that's the part right there what I when I see the part right there what I when I see the part right there what I when I see it become a debacle that's part of it is it become a debacle that's part of it is it become a debacle that's part of it is that if you honestly believe that the that if you honestly believe that the that if you honestly believe that the reason that they haven't had you know reason that they haven't had you know reason that they haven't had you know broad use of the Renewables is because broad use of the Renewables is because broad use of the Renewables is because of OT you're not going to circumvent the of OT you're not going to circumvent the of OT you're not going to circumvent the utility it's it's just not going to utility it's it's just not going to utility it's it's just not going to happen you're not going to Arbitrage and happen you're not going to Arbitrage and happen you're not going to Arbitrage and and either sell it back so the people and either sell it back so the people and either sell it back so the people the people of of uh of Texas will have the people of of uh of Texas will have the people of of uh of Texas will have something to say about it once they something to say about it once they something to say about it once they start realizing what's happening but start realizing what's happening but start realizing what's happening but don't you remember the good old days don't you remember the good old days don't you remember the good old days when we were triaging and stuff with when we were triaging and stuff with when we were triaging and stuff with energy back at at Enron oh my god dude Enron oh my god dude I yeah what so Bill yeah I mean you know I yeah what so Bill yeah I mean you know I yeah what so Bill yeah I mean you know just um the speaking of debacco man it I just um the speaking of debacco man it I just um the speaking of debacco man it I think it's going to be the Wei workor of think it's going to be the Wei workor of think it's going to be the Wei workor of AI you know well because Masa is AI you know well because Masa is AI you know well because Masa is involved and he's like let's spend more involved and he's like let's spend more involved and he's like let's spend more and if it and if it and if it wasn't AI hype uh his vision fund would wasn't AI hype uh his vision fund would wasn't AI hype uh his vision fund would be in the crapper still and we have we be in the crapper still and we have we be in the crapper still and we have we can't for

can't for can't for VB you know VB you know VB you know what do you what do you what do you think I don't want to be a naysayer here think I don't want to be a naysayer here think I don't want to be a naysayer here about how this going to happen but and I about how this going to happen but and I about how this going to happen but and I I I typically try to avoid um cultural I I typically try to avoid um cultural I I typically try to avoid um cultural references of things but I'm sure you references of things but I'm sure you references of things but I'm sure you guys have watch The Sopranos but this guys have watch The Sopranos but this guys have watch The Sopranos but this all reminds me of the scatino bust out basically I love it I love it because basically I love it I love it because we're nothing without analogies to tie we're nothing without analogies to tie we're nothing without analogies to tie in movies and TV shows and songs and in movies and TV shows and songs and in movies and TV shows and songs and stuff cuz that's that's how people think stuff cuz that's that's how people think stuff cuz that's that's how people think right they think in movies right yeah right they think in movies right yeah right they think in movies right yeah like yeah write the check give me 500 like yeah write the check give me 500 like yeah write the check give me 500 million and then we're gonna just ride million and then we're gonna just ride million and then we're gonna just ride the train as far as we can and you know the train as far as we can and you know the train as far as we can and you know maybe maybe we'll be successful maybe maybe maybe we'll be successful maybe maybe maybe we'll be successful maybe not but we get the money and that's the not but we get the money and that's the not but we get the money and that's the point you know it's like there's so many point you know it's like there's so many point you know it's like there's so many crazy things you know like um you know crazy things you know like um you know crazy things you know like um you know so for those of you folks out of a let so for those of you folks out of a let so for those of you folks out of a let me look at the numbers okay we're at me look at the numbers okay we're at me look at the numbers okay we're at three billion followers right now for three billion followers right now for three billion followers right now for those of you not familiar with air Cott those of you not familiar with air Cott those of you not familiar with air Cott in Texas the r stands for reliability in Texas the r stands for reliability in Texas the r stands for reliability that's not Renewables not Renewables but that's not Renewables not Renewables but that's not Renewables not Renewables but reliability right and I love I love reliability right and I love I love reliability right and I love I love Bill's you know visceral reaction to Bill's you know visceral reaction to Bill's you know visceral reaction to this to Pete's behind the meter comment this to Pete's behind the meter comment this to Pete's behind the meter comment because you know what it should be a because you know what it should be a because you know what it should be a cold day in Texas when a private Company cold day in Texas when a private Company cold day in Texas when a private Company by Magic of money and other techniques by Magic of money and other techniques by Magic of money and other techniques gets better reliable energy than the gets better reliable energy than the gets better reliable energy than the people of state of t no that's what

people of state of t no that's what people of state of t no that's what happens today not in the future this happens today not in the future this happens today not in the future this happens now like data centers have their happens now like data centers have their happens now like data centers have their own power supplies that are not part of own power supplies that are not part of own power supplies that are not part of the public infrastructure in most cases the public infrastructure in most cases the public infrastructure in most cases yeah yeah what they do is they have a yeah yeah what they do is they have a yeah yeah what they do is they have a deal with the with the utility around deal with the with the utility around deal with the with the utility around there yeah they I mean they have that there yeah they I mean they have that there yeah they I mean they have that deal so that's what I'm saying is that deal so that's what I'm saying is that deal so that's what I'm saying is that they try to make that deal with they try to make that deal with they try to make that deal with urot and and the people are going to go urot and and the people are going to go urot and and the people are going to go nuts yeah Mak isn't there an opportunity to you Mak isn't there an opportunity to you know like Sam and saa's deal to know like Sam and saa's deal to know like Sam and saa's deal to renegotiate and say hey you know what renegotiate and say hey you know what renegotiate and say hey you know what we're going to use some of this money we're going to use some of this money we're going to use some of this money and we're going to underpin the r of and we're going to underpin the r of and we're going to underpin the r of reliability for the public side of the reliability for the public side of the reliability for the public side of the sure reinvesting to strengthen for the sure reinvesting to strengthen for the sure reinvesting to strengthen for the public would be great yes then then public would be great yes then then public would be great yes then then let's yet I be I mean I don't live in let's yet I be I mean I don't live in let's yet I be I mean I don't live in Texas and I want better power for you Texas and I want better power for you Texas and I want better power for you guys here's the bottom line about this guys here's the bottom line about this guys here's the bottom line about this thing it's a freaking press release they thing it's a freaking press release they thing it's a freaking press release they got up on stage threw up big number got up on stage threw up big number got up on stage threw up big number let's see if they execute on it and let's see if they execute on it and let's see if they execute on it and whether or not this turns into a Golden whether or not this turns into a Golden whether or not this turns into a Golden Goose or a you know the wework of AI Goose or a you know the wework of AI Goose or a you know the wework of AI here's the problem the COO of open AI here's the problem the COO of open AI here's the problem the COO of open AI got up on stage he was uh being got up on stage he was uh being got up on stage he was uh being interviewed in a fireside chat in Doos interviewed in a fireside chat in Doos interviewed in a fireside chat in Doos got a asked the first question he was um got a asked the first question he was um got a asked the first question he was um fielded he had to field was the question fielded he had to field was the question fielded he had to field was the question of where what's the killer application of where what's the killer application of where what's the killer application or what's the valuable application or what's the valuable application or what's the valuable application that's going to turn into corner on the

that's going to turn into corner on the that's going to turn into corner on the ROI thing the dude just straight up ROI thing the dude just straight up ROI thing the dude just straight up evaded the question started talking evaded the question started talking evaded the question started talking about nonsense for about four or five about nonsense for about four or five about nonsense for about four or five minutes and then goes well I guess that minutes and then goes well I guess that minutes and then goes well I guess that was a long answer to your question it's was a long answer to your question it's was a long answer to your question it's like well no that wasn't even an answer like well no that wasn't even an answer like well no that wasn't even an answer to the question but it was certainly a to the question but it was certainly a to the question but it was certainly a long evasion of the a long answer and long evasion of the a long answer and long evasion of the a long answer and that is the problem we've seen Elon do that is the problem we've seen Elon do that is the problem we've seen Elon do it on stage where he literally had a it on stage where he literally had a it on stage where he literally had a silent pause for like I don't know silent pause for like I don't know silent pause for like I don't know almost a minute almost a minute almost a minute uh contemplating what are we going to do uh contemplating what are we going to do uh contemplating what are we going to do with this stuff and I think that's like with this stuff and I think that's like with this stuff and I think that's like the biggest problem again going back to the biggest problem again going back to the biggest problem again going back to fake economy we're making all these fake economy we're making all these fake economy we're making all these Capital investments in this quote Capital investments in this quote Capital investments in this quote unquote infrastructure and nobody seems unquote infrastructure and nobody seems unquote infrastructure and nobody seems to have an idea what to use this for to have an idea what to use this for to have an idea what to use this for unless thing that the public it you know unless thing that the public it you know unless thing that the public it you know it's not good for the public to know so it's not good for the public to know so it's not good for the public to know so here's the new tagline we're gonna drill here's the new tagline we're gonna drill here's the new tagline we're gonna drill baby drill so that we can train baby baby drill so that we can train baby baby drill so that we can train baby train train baby train train well and train train baby train train well and train train baby train train well and this is why AI is so important that's this is why AI is so important that's this is why AI is so important that's yes don't forget AI in the real world AI yes don't forget AI in the real world AI yes don't forget AI in the real world AI in the don't forget and so here's what I in the don't forget and so here's what I in the don't forget and so here's what I think really is going to happen you know think really is going to happen you know think really is going to happen you know it's easy we can prognosticate and say it's easy we can prognosticate and say it's easy we can prognosticate and say this is going to crash and burn or it's this is going to crash and burn or it's this is going to crash and burn or it's not going to work out I think initial not going to work out I think initial not going to work out I think initial stuff is going to happen like let's just stuff is going to happen like let's just stuff is going to happen like let's just take let's just take year one the take let's just take year one the take let's just take year one the hundred billion dollar that's going to hundred billion dollar that's going to hundred billion dollar that's going to happen the data centers are going to get happen the data centers are going to get happen the data centers are going to get built and also don't forget it's not you built and also don't forget it's not you built and also don't forget it's not you think this sounds crazy SA came out a think this sounds crazy SA came out a think this sounds crazy SA came out a few weeks ago and it's like Microsoft

few weeks ago and it's like Microsoft few weeks ago and it's like Microsoft spend $80 billion this year also spend $80 billion this year also spend $80 billion this year also building more data centers yeah and of building more data centers yeah and of building more data centers yeah and of course as Elon pointed out on X you know course as Elon pointed out on X you know course as Elon pointed out on X you know after he was bashing saying Masa doesn't after he was bashing saying Masa doesn't after he was bashing saying Masa doesn't have the money and he goes but Satia have the money and he goes but Satia have the money and he goes but Satia does have the money actually I do know does have the money actually I do know does have the money actually I do know that which is right because Microsoft's that which is right because Microsoft's that which is right because Microsoft's got more money them and apple have more got more money them and apple have more got more money them and apple have more money than anybody just laying around in money than anybody just laying around in money than anybody just laying around in offshore bank accounts I'm sure it's offshore bank accounts I'm sure it's offshore bank accounts I'm sure it's right here around Redmond he's right right here around Redmond he's right right here around Redmond he's right around Redmond exactly the bank Redmond around Redmond exactly the bank Redmond around Redmond exactly the bank Redmond yeah yeah yeah uh yeah and so I I think all that's uh yeah and so I I think all that's uh yeah and so I I think all that's going to happen it's possible though going to happen it's possible though going to happen it's possible though that we're going to see an evolution all that we're going to see an evolution all that we're going to see an evolution all you know how we talk about vertical you know how we talk about vertical you know how we talk about vertical integration with companies Apple's a integration with companies Apple's a integration with companies Apple's a great example you know you're getting great example you know you're getting great example you know you're getting components and things from so many components and things from so many components and things from so many people in your supply chain and over people in your supply chain and over people in your supply chain and over time you do more and more and more of it time you do more and more and more of it time you do more and more and more of it yourself because you're trying to cut yourself because you're trying to cut yourself because you're trying to cut down costs and down costs and down costs and everything maybe we're going to see this everything maybe we're going to see this everything maybe we're going to see this emergence of this new level of emergence of this new level of emergence of this new level of verticalization where companies who are verticalization where companies who are verticalization where companies who are building these data centers have to go building these data centers have to go building these data centers have to go in the energy business energy in the energy business energy in the energy business energy creation business well they kind of are creation business well they kind of are creation business well they kind of are I mean look at Microsoft AWS investments I mean look at Microsoft AWS investments I mean look at Microsoft AWS investments in power they're doing it so they can in power they're doing it so they can in power they're doing it so they can power their data centers behind the power their data centers behind the power their data centers behind the meter and they don't have to worry about meter and they don't have to worry about meter and they don't have to worry about that's right this is like the new that's right this is like the new that's right this is like the new Rockefeller this is new you know Rockefeller this is new you know Rockefeller this is new you know Standard Oil all over again any Excess Standard Oil all over again any Excess Standard Oil all over again any Excess power from those nuclear plants they'll power from those nuclear plants they'll power from those nuclear plants they'll sell it back to the public utility at a sell it back to the public utility at a sell it back to the public utility at a at a profit you know yeah that's that at a profit you know yeah that's that at a profit you know yeah that's that Arbitrage game right there but but I mean okay so yes they I there but but I mean okay so yes they I do I believe that they're going to go

do I believe that they're going to go do I believe that they're going to go ahead and try to try to do this yes I I ahead and try to try to do this yes I I ahead and try to try to do this yes I I do believe that they that they are do believe that they that they are do believe that they that they are ground on it they'll build a data center ground on it they'll build a data center ground on it they'll build a data center yeah you know I mean so Oracle and I yeah you know I mean so Oracle and I yeah you know I mean so Oracle and I mean you guys probably know this Oracle mean you guys probably know this Oracle mean you guys probably know this Oracle is doing this right because Oracle is is doing this right because Oracle is is doing this right because Oracle is pumping up their Cloud right yes okay so pumping up their Cloud right yes okay so pumping up their Cloud right yes okay so it's the OC it's the OC it's the OC NE that that they're playing that game NE that that they're playing that game NE that that they're playing that game in they jumped into the kubernetes game in they jumped into the kubernetes game in they jumped into the kubernetes game because they see everybody going towards because they see everybody going towards because they see everybody going towards kubernetes so they're like we're doing kubernetes so they're like we're doing kubernetes so they're like we're doing it as well they have zero footprint but it as well they have zero footprint but it as well they have zero footprint but they are encouraging people jump on OC they are encouraging people jump on OC they are encouraging people jump on OC and and I'm like okay red hat is going and and I'm like okay red hat is going and and I'm like okay red hat is going to kill you so stop that but they're to kill you so stop that but they're to kill you so stop that but they're pumping up their cloud game so that they pumping up their cloud game so that they pumping up their cloud game so that they can be in the conversation and right now can be in the conversation and right now can be in the conversation and right now they're sitting behind gcp so I I don't they're sitting behind gcp so I I don't they're sitting behind gcp so I I don't I don't see I don't see where this is I don't see I don't see where this is I don't see I don't see where this is going to change in I don't think there's going to change in I don't think there's going to change in I don't think there's any downside to Oracle on this one like any downside to Oracle on this one like any downside to Oracle on this one like you said I mean they're coming from you said I mean they're coming from you said I mean they're coming from behind they're getting a pull position behind they're getting a pull position behind they're getting a pull position worst case is they build a data center worst case is they build a data center worst case is they build a data center they get some compute out of it and then they get some compute out of it and then they get some compute out of it and then and when it doesn't really pan out that and when it doesn't really pan out that and when it doesn't really pan out that data center is going to then get data center is going to then get data center is going to then get utilized by other Cloud providers and utilized by other Cloud providers and utilized by other Cloud providers and yeah by vulture and by everyone else who yeah by vulture and by everyone else who yeah by vulture and by everyone else who can be happy to use those racks for can be happy to use those racks for can be happy to use those racks for compute so but you know you know the compute so but you know you know the compute so but you know you know the scari thing about this stuff though is scari thing about this stuff though is scari thing about this stuff though is that if they don't find markets for this that if they don't find markets for this that if they don't find markets for this stuff whether it's public or private stuff whether it's public or private stuff whether it's public or private none of this uh infrastructure is none of this uh infrastructure is none of this uh infrastructure is reusable um for General purpose compute reusable um for General purpose compute reusable um for General purpose compute um it's all super Computing architecture

um it's all super Computing architecture um it's all super Computing architecture infrastructure and the downside infrastructure and the downside infrastructure and the downside potential and damage that can happen potential and damage that can happen potential and damage that can happen it's astronomical people that's what it's astronomical people that's what it's astronomical people that's what people realize and why they have to people realize and why they have to people realize and why they have to continue to to perpetuate this narrative continue to to perpetuate this narrative continue to to perpetuate this narrative but there is true urgency you you you but there is true urgency you you you but there is true urgency you you you you smell it um to figure out where they you smell it um to figure out where they you smell it um to figure out where they can monetize and you can't monetize the can monetize and you can't monetize the can monetize and you can't monetize the model you have to convert it into a model you have to convert it into a model you have to convert it into a service provide it as some sort of SAS service provide it as some sort of SAS service provide it as some sort of SAS or yeah yeah the inferencing is where or yeah yeah the inferencing is where or yeah yeah the inferencing is where you make the money yeah um yeah exactly you make the money yeah um yeah exactly you make the money yeah um yeah exactly and um without that and and you know and um without that and and you know and um without that and and you know perplexity everyone's just giving the perplexity everyone's just giving the perplexity everyone's just giving the stuff away for free but I wanted to give stuff away for free but I wanted to give stuff away for free but I wanted to give uh Debbie a chance to speak because uh Debbie a chance to speak because uh Debbie a chance to speak because she's probably you know you know she she's probably you know you know she she's probably you know you know she hasn't spoken hasn't spoken hasn't spoken enough your thoughts you have any other enough your thoughts you have any other enough your thoughts you have any other reactions Debbie reactions Debbie reactions Debbie is she still is she still is she still around she might be refilling her coffee around she might be refilling her coffee around she might be refilling her coffee I was going to say uh Leonard one thing I was going to say uh Leonard one thing I was going to say uh Leonard one thing for the audience to understand is um for the audience to understand is um for the audience to understand is um sorry go ahead Debbie okay in addition sorry go ahead Debbie okay in addition sorry go ahead Debbie okay in addition all a lot of what they want is the data all a lot of what they want is the data all a lot of what they want is the data right open AI will eventually sell that right open AI will eventually sell that right open AI will eventually sell that data that's what they want so the eyes data that's what they want so the eyes data that's what they want so the eyes are the prize the eyes are the prize so are the prize the eyes are the prize so are the prize the eyes are the prize so they want two PS it attention they want they want two PS it attention they want they want two PS it attention they want their data because that's a asset that their data because that's a asset that their data because that's a asset that they can sell over and over and over they can sell over and over and over they can sell over and over and over again so that's what they're doing so

again so that's what they're doing so again so that's what they're doing so that's to me that's another reason why that's to me that's another reason why that's to me that's another reason why they're trying to push into the agent they're trying to push into the agent they're trying to push into the agent thing yeah because all you're doing is thing yeah because all you're doing is thing yeah because all you're doing is creating more data more information that creating more data more information that creating more data more information that you could package up and you could package up and you could package up and fill I think to Leonard's Point too as fill I think to Leonard's Point too as fill I think to Leonard's Point too as for those that this my understanding is for those that this my understanding is for those that this my understanding is when you lay out a data center that's when you lay out a data center that's when you lay out a data center that's designed for training you're laying out designed for training you're laying out designed for training you're laying out physically the equipment in the racks in physically the equipment in the racks in physically the equipment in the racks in a certain configur ation to optimize for a certain configur ation to optimize for a certain configur ation to optimize for performance whereas a general purpose performance whereas a general purpose performance whereas a general purpose data center would not have that kind of data center would not have that kind of data center would not have that kind of configuration and layout so I think it configuration and layout so I think it configuration and layout so I think it might be I think you could take like a might be I think you could take like a might be I think you could take like a data center that was laid out for data center that was laid out for data center that was laid out for training and use it for general purpose training and use it for general purpose training and use it for general purpose compute but you couldn't do the opposite compute but you couldn't do the opposite compute but you couldn't do the opposite you couldn't take a general purpose Data you couldn't take a general purpose Data you couldn't take a general purpose Data Center and you could but it just Center and you could but it just Center and you could but it just wouldn't be very efficient so just a wouldn't be very efficient so just a wouldn't be very efficient so just a little interesting Nuance people that little interesting Nuance people that little interesting Nuance people that into the data center business there's into the data center business there's into the data center business there's certain ways of laying these things out certain ways of laying these things out certain ways of laying these things out that are optimized for use an anecdote that are optimized for use an anecdote that are optimized for use an anecdote it's like these data centers built for it's like these data centers built for it's like these data centers built for super compute are like a giant Cummings super compute are like a giant Cummings super compute are like a giant Cummings 4,000 horsepower engine if I wanted to 4,000 horsepower engine if I wanted to 4,000 horsepower engine if I wanted to put that in my 2002 Honda Civic which is put that in my 2002 Honda Civic which is put that in my 2002 Honda Civic which is like it's not gonna like it will work like it's not gonna like it will work like it's not gonna like it will work but won't be too efficient is what is but won't be too efficient is what is but won't be too efficient is what is that what he's saying yeah basically you that what he's saying yeah basically you that what he's saying yeah basically you put you can use it for your wood chipper put you can use it for your wood chipper put you can use it for your wood chipper but you probably don't have a tree that but you probably don't have a tree that but you probably don't have a tree that big to put in there so could you know big to put in there so could you know big to put in there so could you know I've seen it even my old Volvo I see I've seen it even my old Volvo I see I've seen it even my old Volvo I see people put V8s in that thing but is this people put V8s in that thing but is this people put V8s in that thing but is this like when Boeing decided to put the like when Boeing decided to put the like when Boeing decided to put the extra large GE aircraft engines when extra large GE aircraft engines when extra large GE aircraft engines when they created the 737 they created the 737 they created the 737 Max and it it destabilizes the airplane

Max and it it destabilizes the airplane Max and it it destabilizes the airplane so much that they had all this computer so much that they had all this computer so much that they had all this computer stuff to keep it stable and everything stuff to keep it stable and everything stuff to keep it stable and everything because they said let's go big and put a because they said let's go big and put a because they said let's go big and put a big engine on a plane that can't hit H big engine on a plane that can't hit H big engine on a plane that can't hit H hashtag hashtag hashtag Outsourcing yes yes yeah yeah like Outsourcing yes yes yeah yeah like Outsourcing yes yes yeah yeah like hashtag the Dreamliner let's have every hashtag the Dreamliner let's have every hashtag the Dreamliner let's have every country in the world build a component country in the world build a component country in the world build a component for this plane so that people will buy for this plane so that people will buy for this plane so that people will buy it from us it from us it from us when they had all of that stabilization when they had all of that stabilization when they had all of that stabilization and they were collect I mean so that and they were collect I mean so that and they were collect I mean so that that plane had so many sensors on it that plane had so many sensors on it that plane had so many sensors on it that that that's where to be honest that that that's where to be honest that that that's where to be honest that's where predicts came that's where predicts came that's where predicts came from had sensors to monitor the sensors from had sensors to monitor the sensors from had sensors to monitor the sensors you know absolutely aircraft engine you know absolutely aircraft engine you know absolutely aircraft engine monitoring for GE was number one thing monitoring for GE was number one thing monitoring for GE was number one thing yeah absolutely that's that's where yeah absolutely that's that's where yeah absolutely that's that's where that's where it all from and yeah you're that's where it all from and yeah you're that's where it all from and yeah you're right right so that that you said that right right so that that you said that right right so that that you said that that that reminded me yeah so when you that that reminded me yeah so when you that that reminded me yeah so when you think about all this and we're thinking think about all this and we're thinking think about all this and we're thinking it's crazy and it's a hype train it it's crazy and it's a hype train it it's crazy and it's a hype train it probably is but as you know this whole probably is but as you know this whole probably is but as you know this whole thing is being positioned as the new thing is being positioned as the new thing is being positioned as the new space race just like just like the space race just like just like the space race just like just like the Americans and Soviets in the 60 the AI Americans and Soviets in the 60 the AI Americans and Soviets in the 60 the AI Gap the AI Gap it's the AI Gap and so Gap the AI Gap it's the AI Gap and so Gap the AI Gap it's the AI Gap and so people say this is insane and I can't people say this is insane and I can't people say this is insane and I can't believe you're going to spend all this believe you're going to spend all this believe you're going to spend all this money and build all this stuff and all money and build all this stuff and all money and build all this stuff and all the problems that we've all described the problems that we've all described the problems that we've all described here because we're the smartest people here because we're the smartest people here because we're the smartest people on the planet but they'll say you got to on the planet but they'll say you got to on the planet but they'll say you got to listen to me this is important we got to listen to me this is important we got to listen to me this is important we got to beat the Chinese China you got to beat beat the Chinese China you got to beat beat the Chinese China you got to beat China in the AI race you know you don't China in the AI race you know you don't China in the AI race you know you don't want to be a loser okay and so we're want to be a loser okay and so we're want to be a loser okay and so we're going to spend this money I just talked going to spend this money I just talked going to spend this money I just talked to the Crown Prince of Saudi Arabia and

to the Crown Prince of Saudi Arabia and to the Crown Prince of Saudi Arabia and he said I'm Gonna Give You 600 billion I he said I'm Gonna Give You 600 billion I he said I'm Gonna Give You 600 billion I said why don't you round it up to a trillion well you know he's gonna get trillion well you know he's gonna get billions and billions billions and billions and billions billions and billions and billions billions and billions exactly exactly so yeah well billions exactly exactly so yeah well billions exactly exactly so yeah well going back to your original Point Rob going back to your original Point Rob going back to your original Point Rob there's no shortage of money even if there's no shortage of money even if there's no shortage of money even if it's borrowed right doesn't math and who it's borrowed right doesn't math and who it's borrowed right doesn't math and who can build the bigger who can claim to can build the bigger who can claim to can build the bigger who can claim to build the bigger thing just to scare build the bigger thing just to scare build the bigger thing just to scare everyone else into following their lead everyone else into following their lead everyone else into following their lead you know yeah but you know it's it's the you know yeah but you know it's it's the you know yeah but you know it's it's the biggest bubble it can could be the biggest bubble it can could be the biggest bubble it can could be the biggest it probably is the biggest biggest it probably is the biggest biggest it probably is the biggest bubble in history you know it's it's bubble in history you know it's it's bubble in history you know it's it's scary and you know it when that bubble scary and you know it when that bubble scary and you know it when that bubble pops you know we should all be concerned pops you know we should all be concerned pops you know we should all be concerned about where we land about where we land about where we land yeah it's true I think I still I still yeah it's true I think I still I still yeah it's true I think I still I still think going back to tip if you're if think going back to tip if you're if think going back to tip if you're if you're if you don't control that from you're if you don't control that from you're if you don't control that from beginning to end I don't see how you can beginning to end I don't see how you can beginning to end I don't see how you can dominate in this space right so there's dominate in this space right so there's dominate in this space right so there's still you know the kind of discussion still you know the kind of discussion still you know the kind of discussion that has to be that has to be that has to be had or the fact that a lot of this uh had or the fact that a lot of this uh had or the fact that a lot of this uh the tips that we need that we want the tips that we need that we want the tips that we need that we want really aren't made here or a lot of the really aren't made here or a lot of the really aren't made here or a lot of the companies that talking about a companies that talking about a companies that talking about a significant amount of their significant amount of their significant amount of their infrastructure is made out of the US so infrastructure is made out of the US so infrastructure is made out of the US so if you can't control that I feel if you can't control that I feel if you can't control that I feel like it's going to be hard to dominate

like it's going to be hard to dominate like it's going to be hard to dominate truly in that truly in that truly in that space you know you said the word chips space you know you said the word chips space you know you said the word chips and it made me it reminded me of the and it made me it reminded me of the and it made me it reminded me of the chips act lots of people have been chips act lots of people have been chips act lots of people have been commenting about this whole thing and commenting about this whole thing and commenting about this whole thing and going well this is better than the chips going well this is better than the chips going well this is better than the chips sack because the chips sack was going to sack because the chips sack was going to sack because the chips sack was going to use you know 20 zillion dollars of US use you know 20 zillion dollars of US use you know 20 zillion dollars of US taxpayer money to build all this stuff taxpayer money to build all this stuff taxpayer money to build all this stuff and like nothing's happened at least and like nothing's happened at least and like nothing's happened at least this is going to be private money uh to this is going to be private money uh to this is going to be private money uh to go after this and they're not going to go after this and they're not going to go after this and they're not going to be soaking taxpayers but the chips act be soaking taxpayers but the chips act be soaking taxpayers but the chips act has created like a ton of new jobs and has created like a ton of new jobs and has created like a ton of new jobs and like a lot of investment in Fab like a lot of investment in Fab like a lot of investment in Fab infrastructure and like a lot of good infrastructure and like a lot of good infrastructure and like a lot of good stuff so all that new Intel stuff in Ohio that they're going to throttle back Ohio that they're going to throttle back yeah oh poor Pat poor Pat we we love yeah oh poor Pat poor Pat we we love yeah oh poor Pat poor Pat we we love it's not his problem now yeah it's not it's not his problem now yeah it's not it's not his problem now yeah it's not his problem you're right you're right I his problem you're right you're right I his problem you're right you're right I think I think to to to Debbie's point I think I think to to to Debbie's point I think I think to to to Debbie's point I think I I mean I agree um but I think think I I mean I agree um but I think think I I mean I agree um but I think that it's going to be a matter of that it's going to be a matter of that it's going to be a matter of keeping it in the family so like the keeping it in the family so like the keeping it in the family so like the likes of Super Micro and likes of Super Micro and likes of Super Micro and Nvidia partnering Nvidia partnering Nvidia partnering up um I mean those two CEOs went to up um I mean those two CEOs went to up um I mean those two CEOs went to school school school together yeah so going to it's going to together yeah so going to it's going to together yeah so going to it's going to be a you know that's that whole you be a you know that's that whole you be a you know that's that whole you scratch my back I'll scratch yours right scratch my back I'll scratch yours right scratch my back I'll scratch yours right I think well maybe more verticalization I think well maybe more verticalization I think well maybe more verticalization too in the space right y yeah too in the space right y yeah too in the space right y yeah yep the G the gal from AMD is like

yep the G the gal from AMD is like yep the G the gal from AMD is like second cousins with with second cousins with with second cousins with with Jensen yeah yeah I mean imagine Jensen yeah yeah I mean imagine Jensen yeah yeah I mean imagine Thanksgiving with these folks that' be I Thanksgiving with these folks that' be I Thanksgiving with these folks that' be I mean I love an invitation me too mean I love an invitation me too mean I love an invitation me too Thanksgiving I just want to go on the Thanksgiving I just want to go on the Thanksgiving I just want to go on the family vacation yeah yeah let's go family vacation yeah yeah let's go family vacation yeah yeah let's go gambling in the cow that like Filthy gambling in the cow that like Filthy gambling in the cow that like Filthy Rich Filthy Rich agents or what's what's Rich Filthy Rich agents or what's what's Rich Filthy Rich agents or what's what's that movie called crazy Rich agents that that movie called crazy Rich agents that that movie called crazy Rich agents that was a good movie actually I like that was a good movie actually I like that was a good movie actually I like that good yeah you know it's always fun to good yeah you know it's always fun to good yeah you know it's always fun to swim in the pool there on top of the swim in the pool there on top of the swim in the pool there on top of the Sands in Singapore isn't it yeah it's Sands in Singapore isn't it yeah it's Sands in Singapore isn't it yeah it's always a good deal so this is not a always a good deal so this is not a always a good deal so this is not a stock this I know there's some other stock this I know there's some other stock this I know there's some other Tech analyst firms that are also Tech analyst firms that are also Tech analyst firms that are also pretending to be in the financial pretending to be in the financial pretending to be in the financial industry we've we've warned you in industry we've we've warned you in industry we've we've warned you in advance but if you get a sense of a advance but if you get a sense of a advance but if you get a sense of a bubble and a hype machine and the train bubble and a hype machine and the train bubble and a hype machine and the train is going you're in your mind you might is going you're in your mind you might is going you're in your mind you might going so who is benefiting from all this going so who is benefiting from all this going so who is benefiting from all this money and all this activity and I think money and all this activity and I think money and all this activity and I think we've listed the names of all the we've listed the names of all the we've listed the names of all the players that are going to benefit from players that are going to benefit from players that are going to benefit from this and even if the thing blows up this and even if the thing blows up this and even if the thing blows up there's it's going to be a little bit there's it's going to be a little bit there's it's going to be a little bit before it blows up several years minimum before it blows up several years minimum before it blows up several years minimum and and and so I don't know I'm not I'm not so I don't know I'm not I'm not so I don't know I'm not I'm not encouraging anybody to do anything crazy encouraging anybody to do anything crazy encouraging anybody to do anything crazy but you can imagine like you know your but you can imagine like you know your but you can imagine like you know your 401k your retirement portfolio I don't 401k your retirement portfolio I don't 401k your retirement portfolio I don't know I I I see rocket ships heading in a know I I I see rocket ships heading in a know I I I see rocket ships heading in a certain direction at least for a period certain direction at least for a period certain direction at least for a period of time obviously though you want to get of time obviously though you want to get of time obviously though you want to get that phone call before the crash happens that phone call before the crash happens that phone call before the crash happens so that you can sell sell sell um do we

so that you can sell sell sell um do we so that you can sell sell sell um do we really need to do this Rob I really need to do this Rob I really need to do this Rob I mean I think they still sell the gold mean I think they still sell the gold mean I think they still sell the gold booon bars at Costco yes they do our motto um you know uh take us our motto um you know uh take us seriously at your own risk y this is for seriously at your own risk y this is for seriously at your own risk y this is for entertainment purposes only we're just entertainment purposes only we're just entertainment purposes only we're just bunch of idiots saying random stuff bunch of idiots saying random stuff bunch of idiots saying random stuff we're a bunch of Rando people we don't we're a bunch of Rando people we don't we're a bunch of Rando people we don't even know what we're talking about yeah even know what we're talking about yeah even know what we're talking about yeah absolutely so SEC just stay away from us absolutely so SEC just stay away from us absolutely so SEC just stay away from us okay off no idea yeah oh well well I'll see all of idea yeah oh well well I'll see all of you in Austin Texas if people haven't you in Austin Texas if people haven't you in Austin Texas if people haven't gotten their tickets yet we're probably gotten their tickets yet we're probably gotten their tickets yet we're probably going to sell out starting next week going to sell out starting next week going to sell out starting next week soji foundation so ai. Foundation get soji foundation so ai. Foundation get soji foundation so ai. Foundation get your tickets February 25th you'll see a your tickets February 25th you'll see a your tickets February 25th you'll see a bunch of these folks here in In the bunch of these folks here in In the bunch of these folks here in In the Flesh person awesome yeah I'm looking Flesh person awesome yeah I'm looking Flesh person awesome yeah I'm looking forward to a Stargate tie in with Ed AI forward to a Stargate tie in with Ed AI forward to a Stargate tie in with Ed AI yes Stargate yes Stargate yes Stargate themed drinks themed drinks themed drinks yes God yes God yes God timing did you just arrive where you're timing did you just arrive where you're timing did you just arrive where you're going Leonard yeah I'm at the dam show going Leonard yeah I'm at the dam show going Leonard yeah I'm at the dam show so so so oh the am show yeah I have some friends oh the am show yeah I have some friends oh the am show yeah I have some friends who going to that cool always cool gear who going to that cool always cool gear who going to that cool always cool gear there cool gear so do I close us out are there cool gear so do I close us out are there cool gear so do I close us out are we done yes close this out Dave job we done yes close this out Dave job we done yes close this out Dave job folks you have made it to the end of folks you have made it to the end of folks you have made it to the end of another episode the only Quantum episode another episode the only Quantum episode another episode the only Quantum episode available on the interwebs two REM three

available on the interwebs two REM three available on the interwebs two REM three reminders from the top number one check reminders from the top number one check reminders from the top number one check out our charity uh where you can keep out our charity uh where you can keep out our charity uh where you can keep helping kids closing the digital divide helping kids closing the digital divide helping kids closing the digital divide okay what's the name Rob Elevate our okay what's the name Rob Elevate our okay what's the name Rob Elevate our kids thank you uh number two to Pete's kids thank you uh number two to Pete's kids thank you uh number two to Pete's point in Austin in February the 25th to point in Austin in February the 25th to point in Austin in February the 25th to the 27th the community of Hai will be the 27th the community of Hai will be the 27th the community of Hai will be there go check out uh what's really there go check out uh what's really there go check out uh what's really happening do not miss that show uh what happening do not miss that show uh what happening do not miss that show uh what will be announcement number three keep will be announcement number three keep will be announcement number three keep coming back to this um every week uh we coming back to this um every week uh we coming back to this um every week uh we are the only show that when you pump we are the only show that when you pump we are the only show that when you pump we do not dump okay so you want to stick do not dump okay so you want to stick do not dump okay so you want to stick with iot coffee talk and uh take uh take with iot coffee talk and uh take uh take with iot coffee talk and uh take uh take our advice our at your own risk do not our advice our at your own risk do not our advice our at your own risk do not make investment decisions on anything make investment decisions on anything make investment decisions on anything you hear here ever so with that we'll you hear here ever so with that we'll you hear here ever so with that we'll see you guys uh next week and uh thank see you guys uh next week and uh thank see you guys uh next week and uh thank you to uh all of our guests that come you to uh all of our guests that come you to uh all of our guests that come from all over the globe to connect on from all over the globe to connect on from all over the globe to connect on delivering this to you iot coffe delivering this to you iot coffe delivering this to you iot coffe talk.com over and out