David Rosenthal: belief

Transcript context

…Well I’ll tell you, after hours and hours spending multiple months learning about this company, my quintessence when I boil it all down is just that this is the most fascinating example of the innovator’s dilemma ever. Larry and Sergey control the company. They have been quoted repeatedly saying that they would rather go bankrupt than lose at AI. Will they really? If AI isn’t as good a business as Search—and it feels like of course it will be, of course it has to be; it’s just because of the sheer amount of value creation—if it’s not and they’re choosing between two outcomes, one is fulfilling our mission of organizing the world’s information and making it universally accessible and useful, and having the most profitable tech company in the world, which one wins? Because if it’s just the mission, they should be way more aggressive on AI mode than they are right now, and full flip over to Gemini. It’s a really hard needle a thread. I’m actually very impressed at how they’re managing to currently protect the core franchise, but it might be one of these things where it’s being eroded away at the foundation in a way that just somehow isn’t showing up in the financials yet. I don’t know. I totally agree. And in fact, perhaps influenced by you, I think my quintessence is a version of that too. I think if you look at all the big tech companies, Google, as unlikely as it seems given how things started, is probably doing the best job of trying to thread the needle with AI right now. That is incredibly commendable to Sundar and their leadership. They’re making hard decisions, like we’re unifying DeepMind and Brain. We’re consolidating and standardizing on one model, and we’re going to ship this stuff real fast. While at the same time not making rash decisions. It’s hard. Rapid but not rash, you know?…

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