The AI Clown Car W/ Gamersnexus

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1:32I'm Mange Shachikular, and I'm back with a new season of my podcast, Skyline Drive. This time I talk to scientists, biopunks, curmudgeons, blues owners, super seniors, and Goa's top cryotherapy lab to try to understand this obsession with living forever and what it means for all of us. And I get into a bit of trouble along the way. I'd say probably start bone smashing. That doesn't work. Make it look more defined. They say it works. I don't know. Listen to Skyline Drive, How to Live Forever on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

2:05Call Zone Media. Hello and welcome to Better Offline. God damn, it's your host, Ed Zitron. I am back.

2:23and we are returning with a returning champion of the show steve burke of gamers nexus who's here to talk to us about how well the semiconductor companies are conducting themselves in this era of ai opulence i think it's a good way of putting it oh yeah i'm happy with them oh they're oh they're great they're so good the clown industry has never had more candidates it it's so strange so you put out this wonderful video about the what's just we're out there are no more non-clowns i it it's just it's it's funny no there are no non-clowns in the clown car at this point i think it's accurate as we record this open they've recently announced that open ai and sb energy are building a data center with nvidia backstopping it but it's not really a backstop this doesn't feel like a real industry steve it's all it's all pretend and make believe i think at this point i mean yeah it's my favorite quote i've heard recently i did see that news uh today but my favorite quote was jim kramer saying i like data so much data center so much i wish i could live in one they should make him yeah you should you weren't you on cnbc or was that uh i was on cnbc a few times recently and they've not asked me about jim kramer living in a data center yet no they haven't okay i thought i wanted to for a realtor i wanted to go and live in one just so that he can sit around and just get deafened i assume because they're pretty loud from my experience yeah i mean it's there was there's so much going on right now because locally we had a data center town council meeting that was supposed to happen actually tomorrow And I was going to go to that.

4:10And the pushback from locals was so much that the applicant withdrew their application for the data center. Where was this? This was in Raleigh. Southeast Raleigh specifically is where they were looking at. Because there are a few data centers over there, right? I know CoreWeave have some crap. Yep, CoreWeave. They have a good amount of stuff out near the mountains out west. and uh there's some of the one of the old like former crypto mining facilities you know has been converted or in the process of being converted into a data center as well uh out there so but yeah no they're they're popping up everywhere it's just it seems like finally i guess there's a more widespread public understanding of what it means when a data center pops up and it's i was talking with someone on the team about this data centers have existed forever right and it's yeah it's like a lot of them yeah and they it's just like this particular type of data center for ai processing uh it rightly gets a much worse rap and it's you know it's far more power consumption it's more typically more water consumption and uh potentially more land area and um it's They've sort of ruined it for the rest of the data centers that have been around since the beginning of time, I feel like.

5:37But they're all big structures. It's just these new ones, and particularly the AI processing solutions, tend to be louder and more power hungry. And so I'm just happy to see, though, that people are finally informed on this stuff and showing up. I do like the amount of politicians who are like, no, it's good for jobs. It isn't good for jobs. It isn't good for jobs at all. Oh, it's good for the local economy. It's good for the local economy as long as the data center is being built. And then that stops. And even then it's how much, how good is that actually the economy? We don't really know. And it's, it's frustrating to watch this happen because it feels like something about data centers is just corrupting everything.

6:17Like it corrupted. I remember watching your video earlier today, watching Lisa Su talk about this, like watching Lisa Su of AMD, who was before this, I would have genuinely been like, that's one of the good CEOs she's a smart one she doesn't give in to marketing hype she's no bullshit person listening to her talk about this stuff it's it's like she's been huffing paint yeah she was she was pretty well liked I mean I my experiences with AMD over the years have been mixed but broadly speaking AMD has at least maintained the appearance of if not the actual you know practice of being sort of an engineering first company.

7:03And Lisa Su technically comes from an engineering background. I'm sure she doesn't do a lot of it these days, but that still counts for something. And so does Jensen, to be fair to him. But yeah, Lisa, over the last year or so, has shared the stage a lot with Michael Kratzios from the White House to talk about their AI action plan. And in that plan, they describe things like getting clean water and clean air regulations out of the way of data center construction. Good. Oh, good. Yeah. Yeah. I mean, things to put in your press release that would make a PR person go, wait a minute. So the clean air part, how are we going to spin that exactly?

7:52uh like well ai will make more clean air right maybe yeah and it it's so funny as well because re-watching that video i've seen a few of these clips of these various executives sounding like they're part of a doomsday car or what have you and it's so strange watching people that even two years ago were like yeah and here's the we're talking they're talking about things like inference and high bandwidth memory and like the actual financial sorry the actual technical features of ai gpus to just speaking in financial generalities it's like it will be a 30 billion dollar 100 billion 250 bazillion dollar tam industry it will be so big it will be so huge we love it and you made the point it's it's become more about financial engineering than electrical engineering yeah yeah the whole thing feels like we've completely lost the plot of any of the technology like I with some exceptions I almost never hear these executives now when they're doing their various podcasts which by the way they've all gotten really onto the the like podcast and tv show and a lot more appearances than I've really ever seen from a lot of the CEOs normally they've you know they've historically kind of only wheeled them out for the big keynotes and then they disappear for six months.

9:11So that's been different too. But yeah, it's out of all the appearances from Jensen and Lisa and everyone else, Sam Altman especially, you almost never hear anything actually technical now. It's all how many billions of dollars or how many gigawatts, and that's kind of the start and the end of the conversation. Occasionally they'll talk about how it's going to create a bunch of plumbing and electrician jobs while kind of, you know, skirting past the fact that those will last for a couple of years at most. And then it's, you know, the structure is built. So those jobs go away. But to your point, I, yeah, I think it's, the engineering side has completely faded, which I wonder if I'm, I'm not that, that well informed on sort of the dot-com era technicals, like how it actually built up.

10:04Obviously, I'm aware of what happened. but i wonder if you look back then you know do you see a similar trajectory is it like it starts rooted in technicals and then it that that falls away over time and it becomes just pure money or is this different the way it's being discussed looking back the early days of the internet were so vestigial that almost every article was basically re-explaining what the internet was and the way they talked about it was in these vast generalities of like okay well so there's this that like just vaguely like yeah the internet you know it's pretty it's going to be pretty big or they'd get into very big ethical discussions and a lot of the original pushback on the internet was hey we're just going to create a giant swamp of unverified information is this a problem and people were generally like shut up you fucking idiot that'll never happen it was it's so funny the pushback on the internet back then was actually quite smart but for the most part people were like yeah this could be anything but when you read the articles about like winstar which was a telecoms company that basically was in a circular relationship where it borrowed money from lucent to pay lucent and then use that money to pay lucent back for the loan that they were using to pay lucent and when you read their articles fun fact the only time i've ever been able to find a bubble where someone mentioned annualized revenues oh the only other only other time it's the same bullshit but it would be like yeah and they're gonna blanket the entire country with these dishes they're gonna be everywhere it's gonna be that it was very highfalutin very big numbers but very very light on the technical details still heavier than it is now because the funny thing is is if we think about this 30 000 foot view taking away my critic glasses putting on the booster glasses I use, and all you can see is yellow and blue.

11:55The thing that I think is, isn't this the time when the technology is the most important? Because they haven't made this profitable yet. They really haven't. Like, it's very obvious they haven't. And I keep, every time I read about, like, Vera Rubin, for example, next generation GPUs, Vera Rubin, right? Every time I read about them, I get the same shit, which is, yeah, they're 10x more efficient, or 25x and also they're 25x more efficient on deep seek r1 a year and a half old model right and uh yeah you can't like we haven't benchmarked that it's not like we could benchmark with anthropic or open ai because if we did that you might find out they're unprofitable and it's just it every time you it's like a it's like being in a bad relationship where you don't want to ask the questions that you know would end it do you know have you noticed the sort of dual narrative lately where uh because you were just talking about how it'll be it'll be 10x the performance of whatever so there's a performance number there but then at the same time i don't remember if it was core weaver who it was just last week i saw a an interview with some executive who was talking about the cost per gpu hour being two dollars previously and now those devices are four dollars i don't know if this rings a bell to you but yeah yeah no i remember this yeah and so the the narrative that was being constructed by that interview was one of look even the old the comparatively ancient technology from somewhere between you know three and six years ago is more expensive now or is more effective now and is still useful and then obviously on the other side of it you have the FOMO of you need the absolute newest Vera Rubin or what the fuck are you even doing you know right and so it's it's just it's the have your cake and eat it too set up on the GPU side but on the consumer side like the end user side all I saw with that our old GPUs are worth more than ever conversation was like oh this is bad this is like because now now you're just the last bastion of hope, I think, for consumer pricing was, okay, well, maybe we'll get the scraps from last generation, and now they're saying they even need that.

14:17Well, the thing is, there's a few wonderful parts of this. Number one is, I saw that it was saying there was like, instead of getting two something per Blackwell, you're getting four something an hour, right? Right. That is not enough to cover the costs. That's not even fucking close enough. I have an Oracle contact who told me, and this is someone with actual infra experience, they were saying that it costs like six something dollars an hour in OPEX just to run a GB300. Wow. So I don't think four bucks an hour is going to do it. And this is the story, no one really wants to talk about this one as well.

14:54It's like, yeah, when you're selling spot pricing to the desperate, you can make more money. But when it comes to the longer ones, when it comes to the longer duration contracts, the cost drops. It drops dramatically. Oracle charging two something an hour per H100 GPU and H200 GPU for OpenAI with their contract. And again, no one really wants to talk about this because it's like, if you're getting$2 to$4 an hour for this shit, okay so maybe you'll break even in 10 years if you have constant utilization right if that works and even then it's like wow you have a gross margin of 30 percent mate you want to start an airline like like what the fuck this isn't really much of a business but then you go and you hear these things that lisa sue jensen huang or sam altman are saying it's like yes the next industrial revolution it's going to be huge you're going to make so much money everyone's going to be rich everyone's super rich everyone's so buy a gpu buy seven of them buy as many as you can we need to sell them and it feels like living in an alternate reality sometimes because yeah the math isn't that crazy to me you know well i think it's also the government investment in all of this or the increasing government investment or the individuals in the government invest in not oh yeah i mean well that trump's investment in nvidia right yeah millions of dollars transacted yeah

16:29didn't catch the latest roland martin unfiltered podcast here's what you missed and the argument is do you want to win if you don't win you have no power it's real those are the very people who but I always say vote against their own economic interests, and they complain about the very thing they're receiving. It's raw. I knew that the issue of transgender athletes was not going well with a lot of black men. Roland Martin unfiltered. I went off. I said, this is exactly what I'm talking about. Y 'all gonna scream at Chanel, but you don't want to see a black luxury company in the same vein. Catch Roland Martin's daily commentary on the Black Information Network.

17:1312 seats, those are moving south. So if you Democrats, you don't wait to 2030. You better be hitting the ground going hard in the south now. And download Roland Martin Unfiltered on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Well, it's that time again. Backpacks, first day of school outfits, and the low-key anxiety of, am I even doing this right? Good Mom's Bad Choices is diving into the back-to-school season the way only we know how. unfiltered, funny, and full of the moments other shows won't touch. From surviving morning drop-offs to the guilt of missing the first bake sale.

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18:29Hey, I'm Nora Jones, and I love playing music with people so much that my podcast called Playing Along is back. I sit down with musicians from all musical styles to play songs together in an intimate setting. Every episode's a little different, but it all involves music and conversation with some of my favorite musicians. Over the past two seasons, I've had special guests like Dave Grohl, Leve, Mavis Staples, Remy Wolfe, Jeff Tweedy, really too many to name. And this season, I've sat down with Joshua Homme, Sarah McLachlan, John Legend, and more. Check out my new episode with Phineas. So I went home and I asked Billie if she wanted to sing it.

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20:33I was talking with someone on the team earlier today and he made the comment, he was asking me if there's all these data centers and this massive demand for storage now as well if the average person is using chat GPT or Claude to make a spreadsheet at most or be a chat bot at least like that doesn't require all that processing power and storage and so what is it and then to me it's i don't know if this is too conspiracy brand or not but the dots i'm connecting are the government's really invested in the i guess the success or at least the prevalence of data centers and ai companies some of that could just be as simple as no administration wants the economy to fail on their watch so you know they they're invested in it um but also you see stuff like flock cameras popping up everywhere and axon cameras and drones and all of that that's what requires data centers like that's does it though oh yeah to process it require the gpus though i i think so it's two things the storage definitely the storage but you don't need an ai data center for that i i think the only reason you might and this is still something i'm kind of playing with the idea of so i'm not sure on yet but i think the reason you might find the gpus useful is to start connecting large complex matrices of information you have on people or objects to each other like this is something that you know this is this is something that gpus should be good at in theory but this is the thing though to push back on this because i don't get a fair amount of emails people saying this is um this is like this is the thing i'm afraid of the government surveillance ah the department of i think like there's multiple different government agencies that work directly with oracle and already have and already have that like they already have they already have like bunches of gpus so if they were going to do this they were going to do this they've probably already done it right well i think the difference is a lot of this new stuff is being rolled out by private companies in large volumes you know just like the cameras alone um i don't know something like six months ago it was 80 000 flock cameras and now i'm not sure what it is it's definitely well over 100 000 and um it's a private company there's a lot of data i'm not sure to what extent they currently process this stuff but definitely to process um image or visual recognition data against video frames is a very computationally intensive task uh that would require data centers um right but i'm just saying that all of these data you don't need all of these data centers no definitely not and you definitely don't and it's not like they're doing cdn shit where they need to have it delivered to all points of the world i'm not saying that this could never happen it's just the i don't think the reason they're building all these gpu data centers is because of that i think they're doing all of that because they don't know what they're fucking doing well yeah i think it may actually just be really simple to be clear i don't think they're trying to they're building all of them for that i think that is a use case of them um and is a reason that you know government may be interested in being invested as well.

24:07So yeah, by and large, no, that's not like the main use case. And you see things like, it's kind of the same discussion as the taking ownership of software and hardware into the cloud, where no, they're not building all of the data centers to take gaming away and put it in the cloud. That's like maybe a couple here and there for GeForce now, right? But it's just another use case where, I don't know, it's kind of like, I guess what it comes down to is whatever the problem is that you have or think you have as a private business or a government, the data center is going to fix it for you. Right.

24:42It's the panacea for your business, even though when you go and look at the actual returns for businesses, there was an open AI study that came out that said, it said, it's hilarious. It was like, there is no connection between revenue per employee and the amount of tokens used. Okay. Four years in. Four years in. four years and where are we we're here and we are nowhere we are absolutely fucking nowhere other than the fact that jensen hwang has to create like some sort of weird financial engineering not quite enron sort of enron enron-esque enron adjacent thing to sell as many gpus as possible can i ask so as as the person i know who is the most knowledgeable on my favorite company enron uh what um to you what what's the what would break the dam you know what bridges it from being enron ask to being more actually just no this is literally enron like this is what they did you You know, what's the defining or what's the distinct feature that we're missing?

25:57If I'm Jensen Juan and I say to you, Ed, you say I'm Enron-esque, I really just want to be Enron. You know, what do I need to do to get there? And the thing is, though, like Enron was just nakedly illegal. That's the big comparison thing. It's like Enron would take these SPVs and take their debt or their bad parts of the company and just dump them there and be like, ah well look our business is fucking brilliant there's nothing wrong with this i think that this is an this is an opinion with no with absolutely no financial information i found just looking at the financials of open ai open ai has a weird thing in their financials that i've mentioned which talks about moving losses onto different entities that's that's weird that's i can't say it's enron but it smells like it nvidia on the other hand has been smart in the they never nvidia never uses its credit nvidia always gets something invested for this so for example this sp energy deal nvidia is guaranteeing they're investing one and a half billion dollars in sp energy who's building the data center and they are guaranteeing the value of the data center up to 106 billion dollars if it gets completed now because we have financial markets and credit markets run by people with no object permanence they see that and they go well nvidia has guaranteed that this data center will do this they don't make the link that what happens if the data center doesn't get built okay and the other thing that nvidia did there is they said okay well if if open ai can't rent this you can try and find someone else and if you can't find someone else we will pay you the difference between whatever you can sell it for and what it sells and what what is 108 billion again moving never quite enroning never end running up with they're very careful to not go full enron so is the full enron really that that leap into just distinct illegality yes okay and that's the that's why so for example with enron they were just committing fraud okay enron enron never published a balance sheet or like which is fucking crazy like anyone who saw that company was like oh they didn't publish a balance sheet that's fine kind of kind of should have seen that coming right should see that one that being said i've said this in the premium recently they're a lot more like general electric who would just invest in their clients lend them money again nvidia hasn't lent money that's where they're real they've been quite smart to not actually become a creditor so they'll back they backstop a call we've lease as in they agree to pay if call we've can't pay they invest in core weave they are instead of offering up their credit they're like we agree to buy a certain amount of compute from core weave so you can say core weave has revenue they exploit the financial or the one foundation of course can also oh god i forgot about that so wait what is the they rented through core weave right that's his weird non-profit uh yeah i think that's the what the connection was i had researched it a while ago for a video it's been a while but yeah so the juan foundation is some kind of non-profit um also rents from from core wave yeah and it's and they basically say uh you know we're renting this gpu capacity for i think it was for students was yeah they donated 108 million dollars worth of core wave ai computing resources for research which is just like so crazy to me because it's so beautiful yeah you have this on one hand you you run and own part of a company that sells the gpus now the other you've got this foundation that's supposed to be you know your own thing and then it's it's getting involved with the customer of the first entity to create demand for the customer but it's all legal company it's all legal yeah right it's legal baby don't worry about it it's all legal it's totally fine it's all good don't worry about it it's fine but this is the thing when you push back on financial journalists business journalists about this that's what they say it's all gap legal it's totally legal there's nothing illegal about this and it's as if if something isn't if something isn't literally illegal then it's okay then it's totally fine and actually people should do it more and it's not a bad sign if what i think like 12 of core weaves revenue comes from nvidia its largest supplier well jensen uh did say we played that clip again in this video oh yeah yeah he did say something to the effect of without nvidia they don't exist you know some of these yay it's just like i love the i love that shit i loved it because it's just like wow okay you're just saying it because you know no this should something like that should have the sec go and like whoa whoa what do you mean you're doing that because i swear there is regulation around round tripping yeah that's meant to be i believe maybe i mean who gives a shit right it's so much of it is when you go to like when you go to the ai boosters you're like yeah this is a problem they go ah it's actually great i saw one that one of our favorite analysts that daniel fella the other day posting like uh people will criticize this is a circular financing but what i see is one of the most successful venture capitalists in history and it's like yeah true the the balloons that the clown inflates are so full of air as long as the clown keeps inflating them and i like what uh jensen was asked by um axios you know about is this a a bubbler or something like that and Jensen made his comment of, well, the bubble will come someday, but not today.

31:57It's not today, but it's in five to ten years. Yeah, and he describes how we're in the beginning of it. The next word started with a B, and I was like, please be bubble. But he said build out, unfortunately. And I don't know, you could see it. First of all, I don't want to analyze the body language really, but he did definitely have kind of a it was it was a very measured i need to carefully think about this answer split imagining collet crest with a gun just let the cfo just like don't say it jensen well he said the other day that compute should become an investable asset class and it's it's just like it's just exactly well it's the people who were like compute should be traded like a commodity and it's like gun to your head tell me what you think compute means yeah what is that even what is compute as an asset class well asset class gpus should be traded as that but also compute should be sold as a commodity none of these really make any sense if you think about it for even one second does that mean i need to declare my storage room full of GPUs we've tested as some form of some separate line item on the taxes going forward because of the theoretical compute they could produce.

33:20You're a commodities trader now. Oh, great.

33:34Didn't catch the latest Roland Martin Unfiltered Podcast? Here's what you missed. And the argument is do you want to win? If you don't win, you have no power. It's real. Those are the very people who I always say vote against their own economic interests and they complain about the very thing they're receiving. It's raw. I knew that the issue of transgender athletes was not going well with a lot of black men. Roland Martin unfiltered. I went off. I said, this is exactly what I'm talking about. Y 'all gonna scream at Chanel, But you don't want to see a black luxury company in the same vein. Catch Roland Martin's daily commentary on the Black Information Network.

34:18Twelve seats. Those are moving south. So if you Democrats, you don't wait to 2030. You better be hitting the ground going hard in the south now. And download Roland Martin Unfiltered on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Well, it's that time again. Backpacks, first day of school outfits And the low-key anxiety of Am I even doing this right? Good Mom's Bad Choices is diving into the back-to-school season The way only we know how Unfiltered, funny, and full of the moments other shows won't touch From surviving morning drop-offs To the guilt of missing the first bake sale I already told me that next season she wants to join a club team that's by your house So I was like, so you want me to pick you up from school I'll take you by my house but then I have to take her there and then I have to drive back and then some days I'm here and I have to go pick you up at school and then bring you back.

35:13I was just like, hell no. This is a space where moms trade their highlight reel for the real real. Whether you're a new mom, a veteran mom or just trying to make it to pick up on time, this season of Good Moms Bad Choices is for you. Listen to Good Moms Bad Choices from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts or wherever you get your podcasts. In 2015, teenager Joy Morgan discovered strangely compelling YouTube sermons from the religious group Israel United in Christ, or IUIC. Her initial curiosity developed into devotion. She distanced herself from friends and family, embraced new identity, immersed herself in the IUIC, and believed she'd found the truth.

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36:35I'm Stephanie Young. The hit podcast Love Trapped is back with new updates in the case of Laura Owens. This is CR 2025's date versus Laura Owens. I think she really believes that she still has an out. I'm quite confident that they're up to something. We're following the case live as the criminal charges finally come to a conclusion. Trust us when we tell you as the victims of Laura Owens, she will not stop. Listen to Love Trapped on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

37:09Well, the famous thing towards the end with Enron, though, and just to be clear, NVIDIA is not trading compute. But towards the end with Enron, they were going to trade bandwidth. I mean, if Jensen gets it, I mean, we've already got some people trading power. you've got meta doing it apple doing it so that's we've already got a little bit to look forward to there but the other thing is if i i want to see and i personally want to see nvidia do more financial engineering i want way more than this i want to i want to see nvidia just buying compute from itself at this point i mean they're not far from it like but yeah i the energy stuff too has been kind of wild because the government is getting really involved there you know like months ago uh trump talked about the sort of early concept of the byo power plant plan uh which is what sorry i must have missed that one so basically that's my name for it but he um the plan of companies to provide their own energy so if they need energy for their data centers then the companies are either or through one form or another going to provide that energy.

38:24And the sort of PR play was that this would help prevent rising energy costs on residents and locals. And when I say PR play, I mean, President Trump literally in the meeting said data centers need some good PR right now. I mean, call him balls and strikes there, Mr. Trump. and uh and so the concept of you know the data centers will be more responsible for bringing online and provisioning their power that they need which i could certainly see how if that's the start work yeah well i mean that's definitely the first question but from a pr standpoint i guess if you strip all detail out of it you could see how that that might win some people over if they don't really think too too deeply about it because like okay yeah i mean they so they pay for their own shit and i don't have to pay for their energy use right but energy is like a terrifying thing to not be fully regulated like energy is dangerous to do wrong like actually dangerous you know it can kill the same but also just there's only so much of it like it's i think people ai people especially really underestimate how difficult power is yeah like they're just like oh yeah you know he's just fucking start up and he just boom right he's fucking do you want you need some power or something what's your way of being a dick about it just fucking you know just well that's all the gas turbines right if you just drop gas turbines on the roof of a data center the crazy thing i read the story the other day where it was saying the the gas turbines are dying because they're not meant to be run they're not meant to be run all the time yeah they're supposed to be for emergencies it's like stuff that FEMA will you know will deploy and they're everywhere I know at Stargate Abilene they're everywhere they got them all over the shop it's just so strange I mean you are a dyed in the wool hardware guy you've been dealing with hardware for years and I think you've successfully gotten on to the fact that this is no longer about hardware or GPUs or anything it's about money yeah Yeah, the technology stopped mattering.

40:38I mean, they don't even really, even in the keynotes now, which I still watch really closely. Jensen used to be so technical, even with the early machine learning and deep learning stuff before they rebranded to AI. Like I was at some of those earliest conferences he did. I was at the really awkward GTC where he and Elon Musk sat across from each other on stage. And that was, I could feel the secondhand embarrassment from just 50 feet away from them. and all of that there was there was always pandering to investors but there was also a lot of technical detail like i could walk away from a keynote and write a really dense write-up about the architecture of some brand new thing they just announced and now there's like i'll watch a keynote and at the end of it i'm like i i don't see i don't even know what the difference is between this generation the last generation without going and looking up a white paper.

41:41They've stripped it all. And there's still technology there, but... Somewhere. It just doesn't matter anymore, which is real depressing because it's like, even if I want to cover the pure technology side of the architecture, it goes into enterprise products and then say to the audience, we cover this stuff because hopefully this comes to consumer at some point in some capacity, which is typically how it's been done in the past. even if i want to do that now it's like they're not even really putting the effort into making those materials as widely available as they used to be because it doesn't matter only the money matters i just don't see how they solve all this like i've been digging into broadcom recently and all like pretty much every time you read about a semiconductor company or specifically amd nvidia and uh broadcom it's like yeah and i mean for the future pretty much we need I don't know everything to go perfectly for the next three years because all of our revenue growth is coming from only this.

42:42Broadcom I think is over 60 % of their revenue in the next few years is coming just from AI which is mostly coming from Google's TPUs I mean I don't know, the thing that comes to mind when you said that everything needs to go perfectly for three years, it reminds me of just when I played games as a kid, like board games So chess or Magic the Gathering or something, but chess in particular, where you're a turn-based game, and it's like you could come up with this master plan of how you're going to win as long as everything goes perfectly and they move their pieces in exactly the wrong way for the next 30 minutes.

43:22But that's just not how reality works. And it does seem like these companies right now are... I don't know if they're... Sometimes it feels like watching Jensen and some of the other OpenAI's, Sam Altman speak, it feels like there's a little bit of acknowledgement now of things might not go perfectly, but we just kind of need to keep the facade up long enough until there's some major breakthrough where we can get more money pumped into the system. And that's kind of what it feels like I'm watching lately is the sales pitch for we need to dig up the next$100 or$500 billion. we need to make this all work perfectly without fail is pretty much it and even when they ask about they they usually if sammy's done this jensen's done it's like yeah you know some people run out of money how'd you like sam's new comments about what the the the genie well the genie was that was a pretty good one but also the comments about how some descendant of chat gbt will be able to see everything you ever do on your computer screen he's so good at this he's so good at this because it's like i'm sure you remember when microsoft did they announced microsoft recall yeah and everyone's reaction was i'm going to kill you i'm going to burn down your house do not touch my computer i will murder you and eat microsoft who could push through just about anything we're just like no we're just gonna skip this and then open ai turns up about a year later and goes fuck yeah bro fuck me up we're gonna look at everything you do and altman is there being like yeah we can see everything you want you do everything you you've done and suggest you could do something else which is great because again it comes back to the classic thing of ai it's when we think about ai as a society it's a cultural thing we think okay ai it's this thing that just knows everything without us telling it make smart decisions without us really having to but this ai is feed as much data as humanely possible to this and maybe it will work one day yeah well and and you also see this in things like this video is not up yet for us and i don't know when you're airing this episode so this might go up a little before us but we have um a a deep dive into some specific smart tvs right now and other devices and um you know if you really go through the privacy policies of these companies the the stuff they tell you they're doing is crazy like and that's the stuff they tell you they're doing and it's all data collection and data harvesting and now of course they've all got ai tacked onto it you know there's in one of these um smart tv companies they have a special exhibit for their ai features like exhibit a ai connected functionality and you read through it all and it's just it's they straight up say we sell your data like that's good you know it's yes right there and this coupled with things like acr automated content recognition um which uh depending on the the deployment has the capability of screenshotting what you show what you have on your screen on your smart tv in some cases and transmitted it back to be analyzed or converting it technically into a fingerprint, transmitting that back to be analyzed.

46:46All of this is mountains of data. They all really want to deploy AI to process it. We've received some tips from viewers who say that for now, they're hiring staff to manually parse advertising profiles for TVs by looking at the screenshot data and stuff like that. But the goal is to move it all into some kind of LLM that just magically does all this for you. So I guess that's kind of the dream client for a company like OpenAI or Anthropic. But even in that dream client scenario, it's just, one, it's a B2B use, and two, it's like a strictly evil use. Yeah, and it's also, I don't know, they've yet to do it.