{ "version": "1.0.0", "segments": [ { "speaker": "Speaker 1", "startTime": "1.28", "endTime": "22.145", "body": "Thank you to the AMD team for having us here at AMD Advancing AI. We're on the road at SF today, but let's you take you through a little bit of the news of what AMD is announcing, what's happening today. Advancing AI is AMD's biggest AI event of the year, where it reveals new chips, software partnerships, and how it plans to compete with Nvidia according to Jackson Fordyce" }, { "speaker": "Speaker 2", "startTime": "22.305", "endTime": "28.400002", "body": "Fun newsletter. We just found this out this morning. AMD is actually powering the new The Mod Retro" }, { "speaker": "Speaker 1", "startTime": "28.400002", "endTime": "29.76", "body": "n 64." }, { "speaker": "Speaker 2", "startTime": "29.76", "endTime": "30.48", "body": "Very cool." }, { "speaker": "Speaker 1", "startTime": "30.48", "endTime": "31.28", "body": "It's very yeah. Very cool." }, { "speaker": "Speaker 2", "startTime": "31.28", "endTime": "33.2", "body": "Crossover, Palmer, Lisa." }, { "speaker": "Speaker 1", "startTime": "33.2", "endTime": "39.6", "body": "Yeah. So we're gonna be spending all thirty minutes of our time with Lisa Sue on gaming specifically. Exactly. How is how are they gonna" }, { "speaker": "Speaker 2", "startTime": "39.6", "endTime": "40.32", "body": "bring And suits." }, { "speaker": "Speaker 1", "startTime": "40.4", "endTime": "41.12", "body": "And suits. Yes." }, { "speaker": "Speaker 2", "startTime": "41.12", "endTime": "41.440002", "body": "And suits." }, { "speaker": "Speaker 1", "startTime": "41.975002", "endTime": "65.24", "body": "So the three key stories that people are focused on out of AMD advancing AI are AMD unveil unveils Helios, the new rack scale AI system powered by the MI four fifty accelerator. We'll talk to Lisa about that. Also, a new partnership with the Frontier Lab, AMD and Anthropic are partnering to deploy up to two gigawatts of AMD Instinct m I four fifties." }, { "speaker": "Speaker 2", "startTime": "65.56", "endTime": "66.28", "body": "Size Gong." }, { "speaker": "Speaker 1", "startTime": "66.28", "endTime": "79.755", "body": "Size Gong. $5,000,000,000 deal and a whole bunch of collaboration across compute and the software stack. The big question around the software ecosystem around AMD is always a hot topic. I'm sure there's a ton of developments there." }, { "speaker": "Speaker 2", "startTime": "80.475", "endTime": "88.270004", "body": "Sage, just a little bit ago, they were talking about how Anthropic's own models are effectively speeding up their ability to ramp up new hardware" }, { "speaker": "Speaker 1", "startTime": "88.43", "endTime": "88.75", "body": "Yep." }, { "speaker": "Speaker 2", "startTime": "88.75", "endTime": "95.95", "body": "Which is something that has been talked about for years now. Some questions around Yeah. The CUDA mode." }, { "speaker": "Speaker 1", "startTime": "95.95", "endTime": "96.19", "body": "Yes." }, { "speaker": "Speaker 2", "startTime": "96.19", "endTime": "107.015", "body": "Right? If you assume that making great software will just get easier and easier, that that's been a big question. Yeah. And they're starting to see real movement there." }, { "speaker": "Speaker 1", "startTime": "107.015", "endTime": "118.75", "body": "Yeah. But also a lot of that speed up requires actual deep partnership like this because there are some closed source packages that you might need to, you might need to work on. This is the old George Hotts interaction." }, { "speaker": "Speaker 2", "startTime": "118.75", "endTime": "119.07", "body": "Yep." }, { "speaker": "Speaker 1", "startTime": "119.46999", "endTime": "146.42001", "body": "Talking about little bugs that he was frustrated with, wound up working with AMD developer team who we talked to on the team on the show. Fantastic outcome there, but interesting, to see that flywheel just get tighter and tighter and tighter, and I expect it will. Also, AMD is expanding its partnership with Cerebras teaming up on AI inference. We love the team over at Cerebras. They introduced a powerful disaggregated inference solution pairing the right engine to each phase of the inference pipeline." }, { "speaker": "Speaker 1", "startTime": "146.66", "endTime": "164.14499", "body": "This is what agentic I AI has been waiting for, the fastest production inference at massive scale. Google has the muscle to overpower spending worries, says The Wall Street Journal. Google has put up some very impressive cloud growth numbers. There, of course, was" }, { "speaker": "Speaker 2", "startTime": "164.14499", "endTime": "164.545", "body": "Hit me." }, { "speaker": "Speaker 1", "startTime": "164.625", "endTime": "202.48001", "body": "Some back and forth on the nature of that revenue with semi analysis sort of jokingly maybe posting Google Cloud generates revenue primarily from the sale of TPU systems. The actual line that did change in the SEC filing that's drawing attention is that there's a line in there that says Google Cloud generates product revenues primarily from the sale of TPU systems, which is a little confusing because you think of a company's product as their business. But, of course, they have services as well. And so the it's not that Google Cloud is fully pivoting to TPU sales exclusively. It is that they" }, { "speaker": "Speaker 2", "startTime": "202.48001", "endTime": "203.76001", "body": "But it's becoming meaningful." }, { "speaker": "Speaker 1", "startTime": "203.76001", "endTime": "208.845", "body": "Yes. Yes. Yes. They've they've sold them to a number of labs, and they're seeing lots of process." }, { "speaker": "Speaker 2", "startTime": "208.845", "endTime": "210.765", "body": "Rewind a year though is still a question." }, { "speaker": "Speaker 1", "startTime": "210.765", "endTime": "229.77", "body": "Yes. Yes. We can go through there there there's a number of different posts here. We can take you through Eric Souffert talking back and forth about Souffinator? The Souffinator's putting it in a little bit of truth zone on Google Ads growth, what's going on there." }, { "speaker": "Speaker 1", "startTime": "229.77", "endTime": "250.685", "body": "They saw a lot of growth in monetized LLM queries. It all started with Sundar Pachai's news. He said, q two was an amazing quarter with our AI investments redefining what's possible across every part of our business. Alphabet revenue grew 24% year over year, and Google Cloud accelerated to 82% growth, which is insane. That needs the foghorn for sure." }, { "speaker": "Speaker 1", "startTime": "251.34", "endTime": "283.43", "body": "We saw a exciting momentum across the board from search to YouTube to the Gemini app. Our model APIs are processing 22,000,000,000 tokens a minute. And at this point, I'm like, the numbers have gotten so big on tokens per minute, tokens per month that it's very hard to keep keep in sync with what's actually, impressive until you actually see a full chart. But that's driven by their workhorse flash model, which makes sense. They've been focused on very efficient token generation because they, vend them into so many Google systems for effectively free because they're still, you know, at monetizing via advertising." }, { "speaker": "Speaker 1", "startTime": "283.43", "endTime": "321.2", "body": "So Max Anderson said, as someone who has personally spent $500,000 a month plus on Google Ads for years, I can tell you with certainty, this revenue growth in search is artificial and extremely unhealthy for Google's business long term. Little bit of fear, uncertainty, doubt. Search volumes are declining as legacy searches it being increasingly cannibalized by non monetized LLM queries. Google's response, manufacture revenue growth via shortsighted highly extractive customer hostile tactics, I e charge advertisers more for lower quality clicks, including clicks they do not want and explicitly do not approve Google to charge them for. He gives a few examples." }, { "speaker": "Speaker 1", "startTime": "321.36002", "endTime": "345.45", "body": "He's going back and forth saying that, this is, you know, short term optimization. But the souvenir comes in. He says, unfortunately, every claim made in this viral threat is either false or mixed, characterizes Google's policy. One, search volumes are declining as legacy search is being increasingly cannibalized by non monetized LLM queries. Google stated in its q two earnings that search usage hit an all time high during the World Cup this year." }, { "speaker": "Speaker 1", "startTime": "345.45", "endTime": "370.9", "body": "It also stated in q one earnings that search queries reached an all time high that quarter. Ads and AI overviews monetize in parity with those in legacy search, and Google's search revenue increased by 19% in q one and seventeen percent in q two. So a little deceleration, but still growing. He also debunks the idea that Google silently deprecated the second price auction. Google still uses generalized second price auction for search." }, { "speaker": "Speaker 1", "startTime": "370.9", "endTime": "399.62997", "body": "He also debunks the idea that Google previously had precise keyword targeting settings that allowed advertisers to pick individuals' search phrases to bid on. There's a different thing. But Souvenator goes back and forth and, and adds some more context to the Google earnings that people are digging into, and we can dig into more later this week. Over in the Wall Street Journal, there's a couple articles. Alphabet rides cloud business revenue jumps 24%, but data center outlays push cash flow into the red." }, { "speaker": "Speaker 1", "startTime": "399.62997", "endTime": "426.96002", "body": "I think it was the first quarter for negative cash flow, but this has been Telegraph for a long time. They're investing AI boom. Not a surprise. And there's been talks from all the hyperscalers around debt issuances, equity issuances, all different things to fund the AI build out. So Google parent company, Alphabet, posted 24% revenue growth year over year in the second quarter, fueled by its booming cloud business, but concern over the company's heavy spending on AI infrastructure damped investors' enthusiasm." }, { "speaker": "Speaker 1", "startTime": "427.52", "endTime": "457.82498", "body": "Alphabet sales came in at 119,800,000,000, exceeding analyst expectations. Its cloud business brought in 24,800,000,000, and its search business generated 63,000,000,000. Net income was 112,000,000,000, for the April June period, Also ahead of analyst expectations, they beat primarily driven by its gains in other companies' stocks that Alphabet owns. They own, I think, almost a $100,000,000,000 of SpaceX. I'm not sure about the current valuation." }, { "speaker": "Speaker 1", "startTime": "457.82498", "endTime": "483.54", "body": "But in other AI news in The Wall Street Journal, two big AI infrastructure stories. You have Lisa Su herself right here. AMD Anthropic Sign AI gear deal. We talked to Anjane a little bit about that. And OpenAI boosts cloud spend to 750,000,000,000 new projects, and Georgia data center will be part of efforts to increase capacity." }, { "speaker": "Speaker 1", "startTime": "483.54", "endTime": "517.065", "body": "OpenAI is scaling up its data center ambitions and its budget for spending on them. The artificial intelligence company has raised its projected spending, on computing power to around 750,000,000,000 through 2030, up from a projection of roughly 600,000,000,000. It's a huge number, obviously. A lot of discussion about that. But given the most recent leg up based on coding agents, a lot of people are looking at that positively as a sign of continued faith in the progress and the scaling law, of course, because we are in the scaling era." }, { "speaker": "Speaker 2", "startTime": "517.065", "endTime": "518.425", "body": "Serious momentum." }, { "speaker": "Speaker 1", "startTime": "518.425", "endTime": "548.015", "body": "Yeah. The scaling the the increase reflects new agreements with cloud computing providers as OpenAI races to lock up the enormous amounts of computing capacity it needs to develop and run its AI models. OpenAI spending on cloud computing has become a central focus of chief executive Sam Altman's lead leadership team and has been a source of tension between him. The company said Wednesday would invest 20,000,000,000 in to kick off a data center called Project Camilla in Effingham County, Georgia. So that's new new news." }, { "speaker": "Speaker 1", "startTime": "548.015", "endTime": "549.53503", "body": "Also, Nvidia has a supplier that's over" }, { "speaker": "Speaker 2", "startTime": "549.53503", "endTime": "550.97504", "body": "the Have you ever been to Georgia?" }, { "speaker": "Speaker 1", "startTime": "550.97504", "endTime": "552.73505", "body": "Yes. I've been to Atlanta. It's a great town." }, { "speaker": "Speaker 2", "startTime": "553.31", "endTime": "554.19", "body": "Gotta visit." }, { "speaker": "Speaker 1", "startTime": "554.19", "endTime": "554.82996", "body": "You've never been?" }, { "speaker": "Speaker 2", "startTime": "554.82996", "endTime": "555.70996", "body": "Maybe on a layover." }, { "speaker": "Speaker 1", "startTime": "555.70996", "endTime": "556.26996", "body": "It's like LA." }, { "speaker": "Speaker 2", "startTime": "556.26996", "endTime": "556.91", "body": "Don't think I've been outside" }, { "speaker": "Speaker 1", "startTime": "556.91", "endTime": "563.47", "body": "of LA. Los Angeles. You're in the car for half an hour driving in traffic to get everywhere. Everywhere. But it's a it's a really nice city." }, { "speaker": "Speaker 2", "startTime": "563.47", "endTime": "576.665", "body": "Liang Wenbong over at DeepSeek had an investor call. I I don't have context on how this actually came up because they're they're a hedge fund, and they have DeepSeek, still a private" }, { "speaker": "Speaker 1", "startTime": "577.065", "endTime": "578.345", "body": "They're raising outside capital now." }, { "speaker": "Speaker 2", "startTime": "578.345", "endTime": "587.04004", "body": "They're raising outside capital. Yeah. So this was probably a part of that roadshow. Yeah. I think at a certain point, he needs to raise enough money that you gotta just get on Zoom and Yeah." }, { "speaker": "Speaker 2", "startTime": "587.04004", "endTime": "587.60004", "body": "Sell the dream." }, { "speaker": "Speaker 1", "startTime": "587.60004", "endTime": "596.215", "body": "But he was grinding for four hours, just monologuing for four I don't know if he's monologuing for all four, but it it is it is sort of a long call. But though." }, { "speaker": "Speaker 2", "startTime": "596.215", "endTime": "609.35", "body": "It is. Because if you can go and basically do a Joe Rogan podcast episode, it's just monologuing. No. It's just like, can somebody actually carry a conversation for that long? Because after, you know, this has always been your take on Joe Rogan." }, { "speaker": "Speaker 2", "startTime": "609.35", "endTime": "619.43", "body": "It's like it gets interesting on Joe Rogan because by the the after an hour, people go off script. Yeah. And so if a CEO can carry a conversation for four hours straight" }, { "speaker": "Speaker 1", "startTime": "619.67", "endTime": "619.99", "body": "Yeah." }, { "speaker": "Speaker 2", "startTime": "620.06995", "endTime": "631.915", "body": "And still be compelling Yeah. It's it's bullish. But there's some details that Zephyr shared. He's over at Citrini. Their inference margins are around 85% strong." }, { "speaker": "Speaker 2", "startTime": "632.075", "endTime": "644.53", "body": "They only had around 20,000 hopper equivalents until May. Still sort of, I can see how they would say that. Mhmm. That doesn't mean that they don't have access to a lot more power globally. Yeah." }, { "speaker": "Speaker 2", "startTime": "644.53", "endTime": "664.63", "body": "Some of which may or may not be above board, but who knows? They have 1,000,000,000 in API revenue is enough to turn the company cash flow positive. Yeah. And they have a GPU payback period of ten months, and their hardware depreciated over three to five years. So looking looking quite good over the pond." }, { "speaker": "Speaker 1", "startTime": "664.63", "endTime": "693.31995", "body": "He also shared a lot of philosophy that felt sort of derivative of Western AI lab leaders thought. I mean, he was focused on, you know, some of the same language around, we don't wanna monitor we don't wanna optimize for pure profit. We're on the path to AGI first. It's something that you've heard from a lot of lab leaders. He did say that he's very focused, and he wouldn't be doing world models or image generation or video generation or even a chat app." }, { "speaker": "Speaker 1", "startTime": "693.31995", "endTime": "718.42", "body": "He said he doesn't wanna be the next Alibaba, is purely focused on the path to AGI, sort of taking this focused approach. And so we'll see. They've they've sort of been out of the game with moonshot sort of coming from behind with k three and a lot of hype there, and then GLM, of course, as well. So it'll be it'll be interesting to see what he has up his sleeve get the back of this investor call that everyone's paying attention to." }, { "speaker": "Speaker 2", "startTime": "718.42", "endTime": "732.505", "body": "Gong moment. Cognition is acquiring Interxion, the makers of Poke. Huge. I think Poke has been an acquisition target or been talked about as an acquisition target for a long time now. Mhmm." }, { "speaker": "Speaker 2", "startTime": "732.505", "endTime": "748.00995", "body": "They've just made been able to deliver delightful, novel Yeah. Products. I wouldn't have expected them to go to Cognition. I think a lot of people were thinking that they'd get picked up by a big consumer company, maybe a, you know, an an Apple. Weren't people saying Apple?" }, { "speaker": "Speaker 2", "startTime": "748.00995", "endTime": "757.595", "body": "Yeah. And Apple would have been amazing. Yeah. Having the Poke team working on Siri would be would be quite cool. Could have seen them go into OpenAI or really any, you know, even even an an Amazon." }, { "speaker": "Speaker 2", "startTime": "757.595", "endTime": "777.44006", "body": "Right? Yeah. So, a little bit unexpected here, but not surprised that Scott saw potential in the team, and I'm very interested to see how these businesses end up actually merging. Will they keep Poke around? Will it be, will it be just sort of folded into cognition?" }, { "speaker": "Speaker 2", "startTime": "777.76", "endTime": "780.64", "body": "But, either way, very excited to see what they built." }, { "speaker": "Speaker 1", "startTime": "780.64", "endTime": "801.16504", "body": "There's an older article in The Wall Street Journal that we never got a chance to read through, but it's fun because it tells a story of a young person who basically started literally listened to a podcast and started a search fund and made, I guess, millions of dollars. So Did the meme? Yeah. I did the meme. This shortcut to private equity riches is minting young millionaires." }, { "speaker": "Speaker 1", "startTime": "801.45996", "endTime": "822.435", "body": "And I saw Sal Khan from Khan Academy talking about something sort of adjacent to this, because Khan Academy, of course, sort of open source education. You can basically learn everything that you learn in college from Khan Academy just watching videos and doing their their online open coursework. I I believe it's nonprofit." }, { "speaker": "Speaker 2", "startTime": "822.83496", "endTime": "827.95496", "body": "Still crazy that that Khan Academy exists and and plenty of people still turn it down." }, { "speaker": "Speaker 1", "startTime": "828.49005", "endTime": "835.21", "body": "Yes. Oh, they do. They do. Yeah. This person didn't bow, basically." }, { "speaker": "Speaker 1", "startTime": "835.45", "endTime": "861.76", "body": "Go getters are backing to buy are backing to buy up HVAC outlet outfits and specialized manufacturers. If they make it back alive, there's a lot of money to be made. What a quote from The Wall Street Journal. So, in 2015, Bakari Akhil was a homeless college dropout with a single focus, figuring out how to get rich. Sleeping in WeWorks WeWorks." }, { "speaker": "Speaker 1", "startTime": "861.76", "endTime": "892.85004", "body": "On the subway in an airport waiting areas, Akil watched videos, listened to podcasts, let's give it up for some podcasts, and poured over personal finance books. He needed to own a business, he decided, but how to do it with how do you do it with no money? Then Akhil read a Harvard Business School case study that described how MBA graduates were running around the country trying to buy companies with money from something called a search fund. He felt like he had discovered a secret. In the decades since, Akhil, now 37, has bought two multimillion dollar companies." }, { "speaker": "Speaker 1", "startTime": "892.85004", "endTime": "897.955", "body": "He has spent each month of the past three years living in a different country. So he's doing the the nomad" }, { "speaker": "Speaker 2", "startTime": "897.955", "endTime": "899.555", "body": "HVAC companies?" }, { "speaker": "Speaker 1", "startTime": "899.555", "endTime": "919.46", "body": "I guess. We'll get into it. He's now worth 7 figures. ACCO is part of a growing wave of people looking for a shortcut to private equity riches armed with grit and determination. They are ditching the well worn path from spreadsheet wielding associate to managing director and finding ways to buy HVAC and plumbing outfits, specialized manufacturers, and other small and mid sized businesses." }, { "speaker": "Speaker 1", "startTime": "919.7", "endTime": "955.84503", "body": "Financing from for deals financing such deals is far cry from traditional private equity where firms use funds they raise from institutional investors and the ultra wealthy plus debt. Instead, these would be business owners scrape together financing on a deal by deal basis. They use loans from the u u US Small Business Administration, seek funds raised from specialized investors who cobble together money from friends, family offices, private equity funds, and SBA licensed small business investment companies. And that's just the start. Convincing the owner to sell and executing an improvement plan is a daunting task even for the most experienced deal makers while these buyers overseas" }, { "speaker": "Speaker 2", "startTime": "957.04504", "endTime": "957.765", "body": "constantly?" }, { "speaker": "Speaker 1", "startTime": "958.405", "endTime": "976.93", "body": "Yeah. I mean, I imagine that he's overseas now. But Yeah. During the heyday, he was, like, actually going and, you know, knocking on doors. But the reason I brought up Sal Khan was that he was advocating for instead of college, buy your child a business." }, { "speaker": "Speaker 1", "startTime": "977.49", "endTime": "999.14", "body": "Or or take a group of of peers, your your child's age, and they can buy a business together. Because if you look at the cost of college Yeah. You know, dollars 200,000, $250,000 sometimes. If you get four students and they're effectively the executive team, and you say, look, we're we have a million dollars in cash Buy" }, { "speaker": "Speaker 2", "startTime": "999.14", "endTime": "999.77997", "body": "new ice cream." }, { "speaker": "Speaker 1", "startTime": "999.86", "endTime": "1001.46", "body": "We're gonna lever something up so we're gonna It's" }, { "speaker": "Speaker 2", "startTime": "1001.46", "endTime": "1005.54", "body": "too high of every day. Of net income. Yeah. And we're gonna lever it up." }, { "speaker": "Speaker 1", "startTime": "1005.54", "endTime": "1008.66", "body": "Yeah. And the cash flow is gonna pay your salary, so you're gonna have a job" }, { "speaker": "Speaker 2", "startTime": "1008.82", "endTime": "1008.98", "body": "Yep." }, { "speaker": "Speaker 1", "startTime": "1009.115", "endTime": "1028.0499", "body": "From 18 to 22 when you graduate. And your job is just to learn everything on the fly. And best case, you wind up with a fantastic business that makes a bunch of money. But worst case, you're no worse off than the money that you would have spent on college. And so, you get to learn all these skills on the on the fly." }, { "speaker": "Speaker 1", "startTime": "1028.13", "endTime": "1031.89", "body": "I don't know. I don't know if it'll take off. It feels like alpha school adjacent." }, { "speaker": "Speaker 2", "startTime": "1032.53", "endTime": "1037.665", "body": "But when the time comes Yeah. Maybe we can get all the kids and say I mean you guys" }, { "speaker": "Speaker 1", "startTime": "1037.745", "endTime": "1068.9849", "body": "It's hard to predict what the world would be like in fifteen years or twenty years if you're just having kids now, but it doesn't seem that crazy to imagine. But I think I I I think the aura of of of certain schools will endure, and that will be the right path for some people. For sure. Anyway, I view these guys as home the homesteaders of the Wild West, said Albrecht, who previously represented a big private equity firm in a law firm Gibson Dunn. They're heading out without a dollar to their name, and if they make it back alive, there's a lot of money to be made." }, { "speaker": "Speaker 1", "startTime": "1069.1449", "endTime": "1102.0599", "body": "Many caught the bug at a top business school where entrepreneurship through acquisition courses are now a standard part of the curriculum. They are drawn by the promise of a more flexible schedule, a conviction in their own operational know how, and desire to avoid grunt work that ends up lining the pockets of others. Also, for fueling their rise, a perception that it isn't as easy as it once was to make big money on Wall Street. That makes sense. A lot of the big private equity firms were founded decades ago, have founders that have and partnerships that have accrued a lot of the value, and and it's much harder to just scale up something new." }, { "speaker": "Speaker 1", "startTime": "1102.2999", "endTime": "1130.11", "body": "Private equity industry is struggling to profitably unload companies, causing mid level employees, dubious of their chances of receiving pay tied to deal performance, to jump ship. Some 77 search funds, money from specialized investors to back individuals looking to buy businesses were raised in 2025. 77 search funds, new search funds listed by the according to an annual study conducted by researchers at Stanford in 2025. That feels low based on how big the meme was all throughout 2025." }, { "speaker": "Speaker 2", "startTime": "1130.11", "endTime": "1133.23", "body": "Maybe There's no there's no way that that's accurate." }, { "speaker": "Speaker 1", "startTime": "1133.47", "endTime": "1148.175", "body": "Yeah. May maybe there's some that are that aren't being caught in, like, the in the in the definition, or they they they have defined their company as a as a true private equity firm instead of a search fund. So they said, no, we're not a search fund even though they might Yeah. Actually be acting as one." }, { "speaker": "Speaker 2", "startTime": "1148.175", "endTime": "1154.96", "body": "You know who's optimistic about AI, John? Who? Friend of the show, Mark Zuckerberg." }, { "speaker": "Speaker 1", "startTime": "1154.96", "endTime": "1155.52", "body": "Oh, yeah?" }, { "speaker": "Speaker 2", "startTime": "1155.52", "endTime": "1160.8", "body": "Oh, yeah. Mark has launched a new campaign that is focused on AI optimism." }, { "speaker": "Speaker 1", "startTime": "1160.8", "endTime": "1161.36", "body": "Mhmm." }, { "speaker": "Speaker 2", "startTime": "1162.24", "endTime": "1188.1299", "body": "In Axios Medicio, Mark Zuckerberg on Thursday laid out an optimistic view of the agentic future, arguing the company's focus on connecting the world will only be strengthened by new AI tools and technologies. Axios says why it matters. His position is framed as a stark contrast to some of Meta AI's competitors who, according to a video ad posted with Zuckerberg's comments, promote fear and a dystopian vision of the future." }, { "speaker": "Speaker 1", "startTime": "1188.69", "endTime": "1207.035", "body": "So that was a cool video. I liked it. It's interesting to imagine watching it not as a fan of social media, though, because it's leaning a lot on, like, we've connected people. We bring people together, and I certainly see it that way. When I log on to meta platforms, I'm sending you funny reels." }, { "speaker": "Speaker 1", "startTime": "1207.035", "endTime": "1217.6699", "body": "We're having a blast. But a lot of people see it as brain rot. Right? And they don't and and they're like, oh, if you're gonna do what you just did to the next thing, I'm not certain I'm not fully on board. So I don't know how we'll be responding." }, { "speaker": "Speaker 2", "startTime": "1217.6699", "endTime": "1220.3099", "body": "But I don't I know how to Production value was fantastic. Land." }, { "speaker": "Speaker 1", "startTime": "1220.3099", "endTime": "1226.475", "body": "It's definitely the correct angle. The opposite is worse. Like, clearly, like, you wanna be optimistic. And there's a lot of data" }, { "speaker": "Speaker 2", "startTime": "1226.475", "endTime": "1230.315", "body": "to I'm really show glad that he's not, like, memetically going down the fear based path." }, { "speaker": "Speaker 1", "startTime": "1230.315", "endTime": "1233.355", "body": "God. Yes. That would be very, very rough." }, { "speaker": "Speaker 2", "startTime": "1233.4349", "endTime": "1247.11", "body": "Working for some players. Anyway, so we'll we'll see how it lands. What else is going on? Paramount is moving into micro dramas. This is the moment you've been waiting for." }, { "speaker": "Speaker 2", "startTime": "1247.11", "endTime": "1248.79", "body": "You love dramatic movies." }, { "speaker": "Speaker 1", "startTime": "1249.445", "endTime": "1250.405", "body": "I don't know. Can I" }, { "speaker": "Speaker 2", "startTime": "1250.405", "endTime": "1254.565", "body": "interest you in some micro dramas? Have you tried any of the real AI" }, { "speaker": "Speaker 1", "startTime": "1254.565", "endTime": "1256.565", "body": "version? The true shorts. Yeah. Yeah. Yeah." }, { "speaker": "Speaker 1", "startTime": "1256.565", "endTime": "1293.27", "body": "Yeah. I watched the true crime one. And I I felt like I was actually fine with the AI video and voice over element of it. What I felt was missing was when you're when you're tracking a true crime story and you turn on a podcast about that true crime, you know, whatever it was, I like being, led through a meandering idea maze of what is interesting to that host. So maybe they find the the town and the details about the town where something happened particularly interesting." }, { "speaker": "Speaker 1", "startTime": "1293.27", "endTime": "1317.935", "body": "And so they're just putting in random facts that flesh out the story in a particular way. Yeah. I felt like the one that I watched at least was very much like the Wikipedia level summary or like the headlines just condensed, and it was too generic and it wasn't giving me enough novelty and like new facts. So I even though, like, the video wasn't quite there, it was obviously AI. It wasn't it wasn't super visually striking." }, { "speaker": "Speaker 1", "startTime": "1317.935", "endTime": "1336.3451", "body": "Yeah. The audio was sort of, you know, jilted. That all would have been fine if it had been someone who actually went and found some really deep, interesting, novel p way to tell the story or novel details that otherwise you wouldn't have heard of from the headlines. So I don't know. Still early, but I don't think they're gonna get me." }, { "speaker": "Speaker 1", "startTime": "1336.3451", "endTime": "1340.425", "body": "There's something about going to the theater. It's an experience. It's like, it's the anti brain. What if what" }, { "speaker": "Speaker 2", "startTime": "1340.425", "endTime": "1343.785", "body": "if theater were to turn the screen sideways?" }, { "speaker": "Speaker 1", "startTime": "1343.785", "endTime": "1355.2799", "body": "They've done that. They've done that. There's there there's somebody in Brooklyn, I think, put together, like, whole, like, we're gonna watch Instagram reels together or, like, TikTok. It's, like, short form film festival or something. Yeah." }, { "speaker": "Speaker 1", "startTime": "1355.28", "endTime": "1369.065", "body": "Speaking of conjecture, there's a lot of conjecture about what OpenAI is releasing today. TBP said unbelievably excited for what's coming together. Tomorrow is feeling codex y. Are speculating that it might be a a cerebris, a faster version of Soul" }, { "speaker": "Speaker 2", "startTime": "1369.225", "endTime": "1369.625", "body": "It's out." }, { "speaker": "Speaker 1", "startTime": "1369.625", "endTime": "1371.225", "body": "Turbo mode. It is. Okay." }, { "speaker": "Speaker 2", "startTime": "1371.225", "endTime": "1375.625", "body": "ChatGPT voice is now in the desktop Control your computer and direct multiple agents running Which is" }, { "speaker": "Speaker 1", "startTime": "1375.625", "endTime": "1375.785", "body": "the newest" }, { "speaker": "Speaker 2", "startTime": "1375.865", "endTime": "1378.3301", "body": "ChatGPT work or codex using just your voice." }, { "speaker": "Speaker 1", "startTime": "1378.3301", "endTime": "1378.81", "body": "Perfect." }, { "speaker": "Speaker 2", "startTime": "1378.81", "endTime": "1384.4901", "body": "It's powered by GPT live, so it can speak, listen, and coordinate work in the app at the same time." }, { "speaker": "Speaker 1", "startTime": "1384.4901", "endTime": "1413.86", "body": "And then also, health is rolling out to US users everywhere, health and ChatGPT. You can securely connect Apple Health and supported medical records to understand your information What about aiSleep? Oh, gotta get it on there for sure. There's also a new law introduced, a bipartisan AI kill switch bill following the OpenAI cyber incident. The bill enters congress as lawmakers remain divided on how aggressively the federal government should regulate artificial intelligence." }, { "speaker": "Speaker 1", "startTime": "1413.9401", "endTime": "1429.985", "body": "I'm sure this will be a longer conversation on a future show. And that's our show, folks. Thank you so much for tuning in to TBPN Live from AMD. We are traveling tomorrow. We'll be back on Monday, 11AM Pacific." }, { "speaker": "Speaker 1", "startTime": "1429.985", "endTime": "1435.7499", "body": "Thank you to the team here who flew up, and thank you to everyone at AMD for making this possible." }, { "speaker": "Speaker 2", "startTime": "1435.99", "endTime": "1438.23", "body": "We really appreciate these IRL shows." }, { "speaker": "Speaker 1", "startTime": "1438.23", "endTime": "1440.87", "body": "Yeah. We're getting there. One step" }, { "speaker": "Speaker 2", "startTime": "1440.87", "endTime": "1443.19", "body": "in it. The team makes it look easy." }, { "speaker": "Speaker 1", "startTime": "1443.19", "endTime": "1452.335", "body": "Leave us five stars on Apple Podcasts and Spotify. Sign up for our newsletter, tbpn.com. And we will see you on Monday, 11AM sharp for another one. Goodbye." } ] }