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Lenny's Podcast / episode intelligence

A rational conversation on where AI is actually going | Benedict Evans

31 May 2026 21 published claims 2 attributable people

Speakers in the public record

Claim mix

evaluation 6belief 6prediction 5uncertainty 3recommendation 1

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The useful parts, with receipts.

21 published records

01 / recommendation

Recommends Three Men in a Boat. Recommends The Economic History of Chicago.

“It's a tough one for me, because I just read an enormous amount of books and then I can't remember which ones I've read. I sometimes often joke that there's a classic British comedy from the late 19th century called Three Men in a Boat, which is like my I Ching. We're having trouble hanging a picture. Well, there's a section about that. We're having trouble doing this. Oh, well, there's a story about that, all of which are hilarious. So Three Men in a Boat is my I Ching. There's a book by, I think William Cronon, about the Economic History of Chicago, which is fascinating and actually very relevant to technology, because it's talking basically about standardization and packetization, and logistics, and channel conflict, and network dynamics, and network neutrality. So, when the meat packers of Chicago reach the point that it's cheaper to ship a cow from New York to Chicago, kill it, pack it, and then ship it back to New York than to kill it in New York, and the pricing of refrigerator cars, and it's exactly like reading about broadband. It's all the same kind of... So those kinds of business issues, which is fascinating. What else have I read? I don't know. Read books, read different books, generally read books for grownups. Please read something other than Lord of the Rings, if you're going to name another company. I saw this one and what was the latest Peter Thiel company. I was like, "Read another book." Everything is named after a character from this one book. There's more than one book in the world. There is more than one book than all about science fiction. Read about different things, read about things you don't know about.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

02 / evaluation

What could we see?" And the answer right now I think is there's no clear consensus that we're seeing an impact on jobs, but of course, politically that doesn't matter.

“What could we see?" And the answer right now I think is there's no clear consensus that we're seeing an impact on jobs, but of course, politically that doesn't matter.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

03 / belief

The only answer I think one can have is, don't stick your head in the sand and say, "I hate all of this stuff," because that gives you a great feeling of moral superiority.

“The only answer I think one can have is, don't stick your head in the sand and say, "I hate all of this stuff," because that gives you a great feeling of moral superiority.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

05 / uncertainty

Just to support this kind of general theme you have of it's like we don't know what is going to happen, this is unprecedented, if you're to zoom out a few years ago, maybe three years ago, four years ago, the last profession you think would be automated is engineering and coding.

“Just to support this kind of general theme you have of it's like we don't know what is going to happen, this is unprecedented, if you're to zoom out a few years ago, maybe three years ago, four years ago, the last profession you think would be automated is engineering and coding.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

06 / belief

Actually, this is to the earlier point, we don't have breakout a consumer AI apps yet, but I think because of marginal cost more than anything else, you can't make it free and get 50 million users and then have a revenue bottle.

“Actually, this is to the earlier point, we don't have breakout a consumer AI apps yet, but I think because of marginal cost more than anything else, you can't make it free and get 50 million users and then have a revenue bottle.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

07 / uncertainty

I don't know, maybe this is because I'm British and we haven't had political violence in 500 years, and I think maybe if I came from Iran, I'd have a different attitude to being calm about the future.

“I don't know, maybe this is because I'm British and we haven't had political violence in 500 years, and I think maybe if I came from Iran, I'd have a different attitude to being calm about the future.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

08 / belief

I think that is actually very actionable and very consistent advice on the podcast, is just, do stuff, build it, don't just sit around and pontificate and be pissed at what's happening.

“I think that is actually very actionable and very consistent advice on the podcast, is just, do stuff, build it, don't just sit around and pontificate and be pissed at what's happening.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

09 / belief

I think there's a curve here in that if you've got kids who are going onto the job market in the next year or two, then everything is up in the air and no one knows how this is going to work.

“I think there's a curve here in that if you've got kids who are going onto the job market in the next year or two, then everything is up in the air and no one knows how this is going to work.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

10 / uncertainty

I went to a standup comedy show of Pete Holmes, I don't know if you know him. And he made this joke that we want AI to clean the poop off the street and do all these hard things that nobody wants to do, but instead it's like, "Oh, let me help you write.

“I went to a standup comedy show of Pete Holmes, I don't know if you know him. And he made this joke that we want AI to clean the poop off the street and do all these hard things that nobody wants to do, but instead it's like, "Oh, let me help you write.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

12 / evaluation

The other side of this, of course, is this is one of the charts at the end of my presentation is comparing Uber and Airbnb, because this is like the cliche from Mark Andreessen that Uber doesn't sell software to taxi companies, Airbnb doesn't sell software to hotels.

“The other side of this, of course, is this is one of the charts at the end of my presentation is comparing Uber and Airbnb, because this is like the cliche from Mark Andreessen that Uber doesn't sell software to taxi companies, Airbnb doesn't sell software to hotels.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

13 / evaluation

There's this thread that's been happening across a bunch of guests, which is around distribution becoming a bigger and bigger moat, because as software is easier to build, everyone's launching products, everyone's trying to compete for attention, it's getting harder and harder.

“There's this thread that's been happening across a bunch of guests, which is around distribution becoming a bigger and bigger moat, because as software is easier to build, everyone's launching products, everyone's trying to compete for attention, it's getting harder and harder.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

18 / evaluation

But the other extreme is, if you're in a law firm, this is all very interesting, but how exactly do we use this, and how do we work out how not to be the next story that we've submitted something with hallucinations in it, and how many associates are we going to hire next year?

“But the other extreme is, if you're in a law firm, this is all very interesting, but how exactly do we use this, and how do we work out how not to be the next story that we've submitted something with hallucinations in it, and how many associates are we going to hire next year?”
Speaker
Benedict Evans
Publisher
Lenny's Podcast

21 / prediction

What happens much more, and this is why people talked about the Jevons paradox is this pricey elasticity, because the Jevons paradox is just price elasticity, applied price elasticity.

“What happens much more, and this is why people talked about the Jevons paradox is this pricey elasticity, because the Jevons paradox is just price elasticity, applied price elasticity.”
Speaker
Benedict Evans
Publisher
Lenny's Podcast
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