Загрузка видео...

Не удалось загрузить видео

На главную

Larry Fink $BLK is saying the same thesis as Michael Burry. Every two or three years, chip designers develop a new generation with a 50% price increase, and hyperscalers are tempted to buy it because they want the best equipment and to offer the best services. In other words,...

170,018 просмотров • 7 месяцев назад •via X (Twitter)

Комментарии: 0

Нет доступных комментариев

Здесь появятся комментарии из оригинального поста

Похожие видео

Larry Ellison described the moment money stopped being the strongest thing in the room. Ellison: “Me and Elon begging Jensen for GPUs, ‘Please take our money. We need you to take more of our money, please.’” Begging is what a buyer does when the seller holds something no bid can move. Two men who can buy almost anything found the one line they had to stand in. Ellison: “The demand for GPUs, the desire to be first, the desire to build the most capable neural network in the world.” Money moves goods that already exist, and it has always worked because supply eventually answers. A chip fab takes years to stand up, and money doesn’t shorten them. Capital compresses time everywhere else by adding people, adding shifts, paying to skip the line. Here it met an input that refuses the trade. The scarce good is arrival. Everyone in that line is bidding for a position in time, and the hardware is the form the bid takes. Ellison: “Getting there first is a big deal. Whether it’s getting there first in self-driving, or getting there first in reading cancer biopsy slides, getting there first synthesizing video and making movies.” Driving, oncology and cinema stand in the same line. Three fields that shared no equipment, no journals and no talent pool now wait on one shipment. Underneath, they turned out to be the same problem. One machine serves all three. Ellison: “The guys who are in this race are very smart, and they understand they need to be best at something, they’d like to be first.” Best is what gets you into the line. First is what you are standing there for. Ellison: “By 2029, I can guarantee you AI is not going to be the problem. Because the simple phrase, ‘the race goes on.’” A company alone in a field ships when it is ready. A company with a rival close behind ships when the rival is nearly ready. The distance between those two dates is measured in years. Every lab in the race is being forced to solve its piece years earlier than it would have chosen. Somewhere a person is waiting on a biopsy result, and it comes back early because two of the richest men alive could not stand to be second. They were begging on that person’s behalf. Nobody in the room knew it.

Dustin

38,996 просмотров • 12 дней назад