20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

If there is a dislocation, no one is better prepared to survive it than hyperscalers. Let's take neo clouds. Neo clouds right now, there's a whole bunch of them. I think at least half of them go away within 36 months. Fireworks was making a lot more money than base ten. The more you customize the model, the more the token changes its value. This is twenty VC with me, Harry Stubbings. Now everyone is calling today. Peak froth. Prices are out of control. There's too much money. We don't know what's gonna happen with this AI. bubble.

Well, you know what's really valuable in this time? Wisdom. Jerry Murdoch joining me in the hot seas today. He's the founder of Insight. They manage over 90 billion dollars. Jerry has seen Pretty much every technology cycle of the last 25 years. He's invested in some of the biggest companies across those 25 years. And today we debunk whether we are in a bubble or not, whether China will beat the frontier models, whether we are about to have the greatest cybersecurity threats of our lifetime. This and so much more in what really really is an incredible wise operator truth teller, saying it like no one else is willing to today. This was incredible with Jerry. But before we dive into the show today Every great software company eventually runs into money. Uber had to move it, Shopify had to hold it.

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