Jensen On The Ropes, Sam Altman’s Conflicts, Allbirds’ GPU Pivot

17 Apr 2026 · 58 min · 23 chapters

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In short

The episode covers three tech-news threads: NVIDIA CEO Jensen Wong’s performance on Dwarkesh Patel’s podcast, OpenAI CEO Sam Altman’s conflicts of interest reported by the Wall Street Journal, and Allbirds’ shift to becoming a GPU company.

Guests

Ranjan Roy of Margins joins host Alex (Big Technology Podcast Friday edition). Roy focuses on margins/industry implications rather than deep technical detail.

Key claims and notable examples

  1. NVIDIA: Wong struggled to articulate a clear “moat” against TPU-based competitors (Google Gemini, Amazon Trainium, and Anthropic’s Claude). He argued NVIDIA’s advantage is the full stack (CUDA/software) and reliable capacity, citing ecosystem and supplier relationships (e.g., TSMC). The discussion highlights his “loser premise”/“NVIDIA is not a car” response to export-control concerns about China’s compute and cybersecurity risk.
  2. Export controls: The show references Anthropic’s “Mythos” preview and claims about cyber offensive capability; it argues the U.S. may be taking a security risk by enabling more compute for China.
  3. OpenAI/Sam Altman: The WSJ report says some OpenAI investors privately consider replacing Altman with board chair Brett Taylor amid Altman’s side investments and efforts to get OpenAI funding for other ventures (e.g., Helion and Stokespace).
  4. Allbirds: The episode teases a “GPU pivot” by Allbirds.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Analyzing Jensen Wong's Performance

1:56 to 2:26

Discussion on Jensen Wong's interview and NVIDIA's market position.

“We have a lot to cover and a great show for you today.”

Sam Altman's Conflicts of Interest

2:27 to 2:55

Exploration of concerns around Sam Altman's role in OpenAI.

“And then, of course, we got to get into this Allbirds GPU pivot.”

NVIDIA's Competitive Landscape

2:56 to 4:54

Examination of NVIDIA's challenges with competition and export controls.

“So obviously I'm referencing some of these very quotable lines that NVIDIA CEO Jensen Wong had in a conversation with podcaster Dwarkesh Patel this week.”

Understanding AI Infrastructure Vulnerabilities

4:55 to 6:22

Discussion on the technical landscape of AI training and vulnerabilities.

“and I'm going to do my best to capture them as well as I can.”

Jensen's Sales Pitches vs. Reality

6:23 to 7:55

Critique of Jensen Wong's salesmanship and arguments in the interview.

“And I don't think we have to overthink it.”

NVIDIA's Market Approach and Competition

7:56 to 10:54

Discussion on how NVIDIA positions itself amidst competition and market realities.

“He certainly made the ecosystem argument at every level and he made the capacity argument at every level.”

Export Controls and Cybersecurity Risks

10:55 to 14:00

Exploration of export control issues and potential cybersecurity implications.

“And Jensen had a weird answer on this one.”

AI Chips and Geopolitical Vulnerabilities

14:00 to 16:48

Explore the risks associated with AI chip exports to China and cybersecurity implications.

“They said it has such cyber offensive capabilities that we don't think the world is ready until we make sure those zero days are patched up.”

Jensen's Controversial Stance

16:48 to 19:45

Discuss Jensen's defensive remarks during an interview about the implications of selling technology to China.

“companies have a history of getting into China and then losing to China in the battlefield that they created.”

Balancing Corporate Ethics and National Security

19:45 to 21:54

Analyze the conflict between corporate interests and national security in the tech industry.

“who has data centers open and ready to plug them in, you're creating a potential cybersecurity risk for the U.S.”
Show all 23 chapters

The Influence of LLMs on Cultural Values

21:54 to 24:21

Understand the cultural implications of large language models and their global impact.

“visibly angry because this kind of talk has led NVIDIA to lose some leadership position in China, which he can't be happy about.”

AI's Role in Election Year Politics

24:21 to 27:24

Discuss the intersection of AI technology and political issues as elections approach.

“One, walk me through how exactly you think an LLM reflects the kind of soft power and cultural values.”

Evaluating Mythos: Real or Marketing?

27:24 to 28:01

Examine the authenticity of the Claude Mythos AI model and its implications for cybersecurity.

“And I think Dworkish had a great point, by the way, which is like right now, as we speak, U.S.”

Mythos vs Marketing: An In-Depth Analysis

28:01 to 29:27

Exploring the authenticity of Mythos and its implications for cybersecurity.

“So first of all, I think let's just start with this.”

The Evolution of AI Models and Vulnerabilities

29:27 to 31:37

Discussing the potential vulnerabilities of AI models like Mythos.

“I've had more questions on this in the last week since we spoke last Friday when I walked our listeners through what was clearly a very, very coordinated PR stunt about a sandwich in the park from Anthropic.”

Government and AI: A Complex Relationship

31:37 to 34:11

Analyzing the relationship between Anthropik and the U.S. government regarding AI technology.

“That's what, like guys, for how good the marketing is, that's the picture you are painting in our heads with all of this talk right now.”

Potential for Reconciliation Between Anthropik and the Pentagon

34:11 to 37:55

Discussing the possibility of a thaw in relations between Anthropik and the U.S. government.

“the downstream effects of this with Dario on his way to the White House.”

Interviewing Styles and Media Responsibility

37:55 to 42:00

Exploring the podcast host's philosophy on interviewing and handling tough questions.

“And I'll just read, there was one review on Apple Podcasts that I think is worth addressing.”

The Importance of Tough Questions

42:00 to 43:32

Explore the value of asking tough questions in interviews with high-profile guests.

“uh i think there there is like basically what i want to do is to to ask what i'm curious about get the toughest questions in front of these people but also do it in the context of a conversation.”

Sam Altman's Conflicts and Leadership

47:06 to 52:20

Delve into the discussions surrounding Sam Altman's leadership at OpenAI and potential successors.

“Let's talk about this story in the Wall Street Journal about Sam Altman's side hustles, which is interesting because the headline was Sam Altman's side hustles blur the line between OpenAI's interests and his own.”

Allbirds' Surprising Pivot to AI

52:20 to 56:00

Examine Allbirds' unexpected transformation from sneaker company to AI startup.

“We are running up on time and we need to at least leave seven minutes to talk about Allbirds.”

The Rise and Fall of Allbirds

56:00 to 58:19

Discusses the trajectory of Allbirds from its public offering to its decline.

“There was actually 2021 summer into the fall was this kind of like DTC, rent the runway.”

Reviving Dead Brands as GPU Companies

58:20 to 59:48

Explores the idea of transforming defunct brands into GPU service companies.

“Take the most boring infrastructure business you can imagine.”
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Transcript

Automatic transcript. May contain errors.

0:00Jensen Wong struggles to address NVIDIA's position on competition and export controls. Where does it leave the company? Sam Altman's conflicts are getting at least some open AI investors a bit nervous. And Allbirds is a GPU company now. That's coming up on a Big Technology Podcast Friday edition right after this. This episode is brought to you by ServiceNow. If you want to see where enterprise AI is actually headed, Knowledge 2026 is the place to be. It's ServiceNow's annual conference, May 5th through 7th in Las Vegas, where thousands of business and tech leaders come together. Expect headline keynotes from ServiceNow chairman and CEO Bill McDermott, real stories from companies running AI at scale, and major partnership announcements turning AI ambition into actual business results.

0:45I'll be there in person sitting down with some of the most influential voices in the space, and we'll be bringing those conversations back to you here on Big Technology. This episode is brought to you by True Diagnostic. I've been trying to get more intentional about my health lately, not just how I feel day to day, but what's actually going on under the hood. That's why I checked out True Diagnostic. They offer at-home tests that measure your biological age, not just how old you are, but how your body is aging on a cellular level. Their True Age test looks at things like your pace of aging, organ system health, and even risk factors tied to lifestyle, giving you real data to act on.

1:24What I like is that it's not guesswork. You can track changes over time and see how things like sleep, diet, or exercise are actually impacting your body. And taking the test at home was so easy. If you're serious about optimizing your health and longevity, this is a really powerful tool. Right now, Big Technology podcast listeners can get 20 % off at truediagnostic.com. Use code BIGTECH at checkout. That's truediagnostic.com and use Big Tech for 20 % off today. Choose TrueAge, TrueHealth, or the Combo Kit as a one-time purchase or a subscription. Welcome to Big Technology Podcast Friday edition, where we break down the news in our traditional cool-headed and nuanced format.

2:02We have a lot to cover and a great show for you today. We're going to talk all about Jensen Wong's performance on the Dwarkesh podcast and whether that leaves us with some concerning red or yellow flags about NVIDIA's position moving forward. We're also going to talk about Sam Altman's conflicts of interest that have been laid out in the Wall Street Journal and whether some investors want to potentially replace him as CEO. That's what they're talking about. And then, of course, we got to get into this Allbirds GPU pivot. Joining us as always on Fridays is Ranjan Roy of Margins. Ranjan, welcome.

2:35Good to see you, Alex.

2:36Ranjan Roy:I'm excited. This Allbirds story I'm definitely excited about. This is red meat for Ranjan Roy. Yes. Ranjan red meat. Ranjan Red Meat. I think we should both state that we didn't wake up losers today. So we're going to address the Jensen Wong conversation. But I might be a car. I might be a car. You might be a car. We are not a car. All right. So obviously I'm referencing some of these very quotable lines that NVIDIA CEO Jensen Wong had in a conversation with podcaster Dwarkesh Patel this week. basically you know the interview has gotten like a lot of play because Jensen who's usually such like a calm cool and collected interviewee really did seem to get agitated but to me that wasn't actually the big story coming out of this interview I thought the big story was that and well I'll caveat Nvidia is still like a great company it's going to do well it's the world's most valuable company at 4.8 billion dollars but to me the highlight was Jensen basically struggled to articulate a cohesive story on the two biggest issues facing NVIDIA today.

3:44One is competition and the other is export controls. And Ronjan, I think we can just go through those arguments one by one. I have some quotes from the show and sort of be great to get your take on each one. How does that sound? Let's do it. Okay. So Dworkish basically leads off this conversation asking Jensen, which I think is what I think is the most pressing question for NVIDIA, right? Which is that NVIDIA has been the company powering this AI moment. Obviously, OpenAI, which is the one that sort of spearheaded everything, is a heavily NVIDIA GPU-reliant company. But, and this is the way that Dwarkesh puts it, if you look at the TPU, which is the accelerator that Google has put out, and Tranium, which is Amazon's version of it, two of the top three models in the world, Claude and Gemini, were trained on it.

4:41And what does that mean for NVIDIA going forward? So you have Google's Gemini, Anthropics, Claude not trained on the GPU. So the question is, what's the moat for NVIDIA moving forward? A couple of responses from Jensen. and I'm going to do my best to capture them as well as I can. The first line that he said about Mythos, and this was in response to a China question, but I think this is really telling. He said, Mythos was trained on fairly mundane capacity and a fairly mundane amount of it. He said, for the growth of these competing chips, Anthropic is a unique instance, not a trend. Without Anthropic, why would there be any TPU growth at all?

5:23It's 100 % Anthropic. Without Anthropic, why would there be Tranium growth at all? It's 100 % Anthropic. I was not impressed by the defense here from Jensen. I mean, I didn't get any clear answer from him on why NVIDIA will maintain its lead if these two, as Dworkish put it, two out of the three best models have been trained elsewhere. Am I being too harsh?

5:51Ranjan Roy:Okay, I'm going to make myself a little vulnerable here, Alex. I listened to the entire interview. I will say, as someone who works and lives and breathes AI all day, there was a lot of it I wasn't fully understanding. So like walk me through and I'll say the AI infrastructure side of the world, that's where John, who I write margins with, that's his world. So like explain to me what their vulnerability is here. Again, if it's their training on TPUs around Tranium, like walk through this argument and why that presents a vulnerability for the normies like us, the business folks. I mean, it's very simple.

6:38And I don't think we have to overthink it. Like we can get into the technicalities like Dwarakish did, but I don't think we need to. I think the point is that the GPU is seen as the perfect technology to train AI models on, right? Just because of the way it's constructed, right? It can do many different processes in parallel. And that allows you to do this sort of matrix multiplication that you need when you're doing AI. I think that's about as technical as we should get. But to me, the bottom line is that you have Google, you have Amazon who have made alterations to CPU chips that have done a good enough job here and helped Anthropik and Google train excellent models.

7:21So then the question is, what is NVIDIA's moat going forward. And I didn't get like a complete coherent answer from Jensen.

7:31Ranjan Roy:So at that layer, I mean, Jensen, and I'll say that I think this is the first time I've actually listened to a full hour or whatever it was with Jensen Wong. And it was very interesting. I now really understand how good of a salesperson he is because my God, like every line of his was just so pointed around, like we are the greatest God's gift to earth company and no one can touch us. He certainly made the ecosystem argument at every level and he made the capacity argument at every level. So if I'm going to take the Jensen side here, I think his argument is yes, you can't like from a pure model training standpoint, that potentially there is some competition.

8:15Ranjan Roy:But in terms of actual like being reliable capacity for all of the ecosystem rather than And just if you are Google, yes, you have access to your own TPUs. I think that's his argument. I mean, he said CUDA over and over again. Which is the software that these models are trained on that's linked directly to NVIDIA infrastructure, right? Exactly. So he is saying it's the stack. It's no longer the chips alone. It's the stack, which I'm curious. Again, I will say as in I'm not an infrastructure guy. So, like, it sounded convincing. convincing. He was certainly, I would say this versus the China answer.

8:54Ranjan Roy:I at least walked away when he was talking about like, you know, like their relationships with suppliers and TSMC over 30 years and always being able to deliver expansion of capacity. And like, like that was the argument. That was definitely his take rather than the individual chip. To me, that's what I've walked away from. Do you think that's not a reasonable moat for NVIDIA? Well, I would say the pushback here is, again, I don't think you need to be technical on it. The pushback here is take a look at the bifurcation. Who is right now, I would say, the leader in foundational models at Santhropic?

9:33Then you have Google and OpenAI. Who has spent globs of gobs of money on nvidia chips globs and gobs globs and gobs of money on nvidia chips in thinking they could brute force their way into this race meta and xai has it worked for them no so um i i think capacity is though however like i think that that might be the best answer which is basically like and if i was jensen i might might have put it this way all right you want to take Anthropic as an example, what is the one thing that people say about Anthropic when it comes to criticism? They get rate -

10:12Ranjan Roy:Lack of capacity. Yeah. Correct. Lack of capacity. So I think that really is, that would be the better argument. And I think he could have just made that more clearly. You're right. Like now that, I mean, you just said it. He didn't just say that. He, I mean, I think you're explaining Jensen better to me than Jensen did himself. because like he was kind of going very technical, being a bit standoffish, but didn't make that point super simply and clearly. And when it's said like that, it actually starts to make a bit more sense. Yeah, and there's no love lost for Dario. So I don't understand why he wouldn't have just come out and say that.

10:52And then when he talks, like Dworkish also brought up these other companies that use TPUs. And Jensen had a weird answer on this one. If they don't try these other things, how would they know how good ours is? Sometimes you've got to be reminded of it. Like what? They're spending billions of dollars with other companies just to be reminded of how good NVIDIA is. No, clearly these other companies are serving a need to them. And NVIDIA is also moving in this direction, right? Remember, they acquired or they acquihir-zitioned the top talent from Grok, not Elon's Grok, but this Grok company that's meant for inference.

11:25And that was one of the big answers for them in their GTC conference this year. So I think, honestly, the better answer, the more honest answer from Jensen would have been, look, we have competition now. We acknowledge it. But we have the capacity. And you could tell that people that use our models are able to serve them. You know, but there's a counterpoint to that also, which is like, well, maybe if people wanted to use Meta's models more, they would also have capacity issues.

11:59Ranjan Roy:It was, I mean, again, as a non-infrastructure person, just listening to the interview, one of the most fascinating parts was exactly that. Like, I agree. Like, just say, yes, of course there's competition. Competition is healthy. Rather than his entire argument is like, you can't escape us. We control the stack. and like you have to come to NVIDIA and there's no other options. And I mean, it was basically like, I mean, we are a monopoly for a majority of the AI stack and that's just the way it is. And good luck, go try something else. But it's not going to work because we own the stack. So yeah, I think, I don't know, I feel, do you think humility would be better for him in these cases?

12:44Ranjan Roy:Or because again, or is this just why? I mean, you can't argue with what he has done with NVIDIA over the last couple of decades, especially the last few years. So if that is just how Jensen does Jensen, I mean, I guess, should we not expect any humility or would humility be better? I don't think he has to be, I mean, that humble, but I think rounded in reality would have been good. And I think you especially saw that come out on this export controls conversation. All right. So so this is really where and I think you're by the way, I think you're highlighting exactly the issue here, which is that I think Dworkish was asking good questions.

13:23It got somewhat heated, which was interesting to see. But again, it's not the heated nature of this conversation that I kind of pick out here. It's sort of this this. I don't know, Jensen's Jen for whatever reason, Jensen just could not get this coherent message or cohesive message out. and I think a lot of it, maybe it did have to do with some lack of humility or an inability to nuance, right? To go back to our show's theme, there was no nuance from him at all. So let's go to the export control thing because that really gets to it here. So Dworkish made a great point, which is that Anthropik, I'll quote, Anthropik announced Mythos preview.

14:04They said it has such cyber offensive capabilities that we don't think the world is ready until we make sure those zero days are patched up. So if Chinese companies and Chinese labs and the Chinese government had access to the AI chips to train a model like Claude Mythos, wouldn't it be, and now I'll paraphrase, wouldn't it be a vulnerability to the US as opposed to now where we have more compute and we have this heads up to make our institutions ready? And over and over again, Dwarke S. Jensen to acknowledge if we give that much more compute capacity to China, isn't there a risk of cyber warfare coming from the Chinese side and creating vulnerabilities where we're not ready?

14:51And Jensen did not have a good answer, actually wouldn't answer on this.

14:55Ranjan Roy:Well, even, and I mean, I saw some tweet around this around like that the great part of Dworkish having technical fluency in this interview was Jensen even said, well, China has 60 percent of the world's chips. But recognizing that chips aren't the measure that they're talking about, it's compute, that China only has 10 percent of the world's compute. So they still could be contributing to this. I think it's again, this is why it was so baffling to me that he was that standoffish is it's a pretty nuanced conversation like export controls to china what's already done what can you prevent like what are this going to happen anyway and i thought i'm surprised from like a comms perspective and i know i always bring everything back to comms that there wasn't a better answer like this is one of the biggest questions facing nvidia that there was export controls then clearly they had pushed back themselves and got them removed and did whatever they had to do.

15:56Ranjan Roy:And so this is such a sensitive topic and it's going to be on an ongoing basis that why wouldn't you have a better answer that than we are not a car? Sorry, listeners, we should say, Jensen responded to this line of questioning eventually by throwing his hands up and saying, this is a loser premise. I didn't wake up a loser. NVIDIA is not a car. You're not talking to somebody who woke up a loser. And that loser attitude, that loser premise makes no sense to me. We are not, we're not a car. We are not a car. Start, yeah. So let's start with the, that is a loser premise. Like the whole loser thing, Dworkish never said loser, which was so crazy to me that he just went on this tirade about losers, which I don't know where it came from or what that triggered.

16:45Ranjan Roy:Okay. Sorry. I can explain it. Basically what Dworkish was saying is U.S. companies have a history of getting into China and then losing to China in the battlefield that they created. And the car example comes from Tesla got into China. Right. And whether it was through, I'm just going to speculate here, corporate espionage, very good mimicry, break down the cars or whatever. China ended up crushing Tesla. Right. The Chinese EV industry right now is the world's best. And so could it be the case where like, you know, even if you get into China, you're eventually, you know, you help them with their technology and then they, they, they replace you.

17:24And all you've done is accelerate China and then lose. And that's where you get the, I'm not a loser mentality.

17:31Ranjan Roy:And the car mentality. See, Alex, I think, I think you need to do like a Jensen translator app where it goes over and just kind of explains in a much more clear kind of like way. Because, yeah, OK, I get it that way. But again, he literally starts going like we that's a loser premise. I don't wake up a loser. We are not a car. And that's kind of as far as the argument goes. And it just sounds like just I mean, it's it's just made for a viral clip in not a good way. But do you think, like, what do you think NVIDIA should do? Because I also found it a little awkward as the conversation goes on, where it's like, we need cooperation.

18:17Ranjan Roy:50 % of the world's AI researchers are from China. They have the world's best AI researchers. Like, we need back and forth. We need to work together, which sounds great in theory, but is a little kind of overly aspirational. so he goes into this whole like better together story and then at the end he's like but the u.s is great and the u.s is the leader and like it was just almost this like you feel like this like the u.s government over him knowing he has to kind of kiss the ring a little bit and like say oh by the way no but the u.s is the best u.s is the leader like it just i don't know the whole thing there needs to be better answers for prepared yes okay so can i go back into my coaching Jensen on comms here.

19:02And I want to acknowledge that Jensen is in a tough place. Remember, he's accountable. Basically, he's trying to balance shareholders, public opinion, U.S. government, Chinese government. Not easy. And in fact, in sales, right? He's trying to sell. So I think one of the things like, Dwarf, you know, one of the weak points, even though it might be true and sort of there's a balance here because you always want executives to be honest. But Jensen's core argument is selling these ships everywhere is good for the U.S., good for Western values. But then he gets pressed by Dvarkash, where Dvarkash is like, just acknowledge the fact that if you sell this into China, who has data centers open and ready to plug them in, you're creating a potential cybersecurity risk for the U.S.

19:52And Jensen goes, I just want you to acknowledge that any marginal sales for the American technology is beneficial. which is, you know, sort of like you can't, it's either I want to make sales or I'm good for the country. Um, sometimes those things come in conflict and that's where he was weakest in saying, uh, and he really couldn't hold those two things in balance because, cause they're not,

20:15Ranjan Roy:they're not in balance. They're not in balance. Yeah. You're right. Sorry. Go ahead. Yeah. But this is the, this is the most ridiculous part of this. And I almost like feel bad that he is the one who has to kind of defend something that is impossible to defend because it is an either or situation. Either you are working with the Chinese people and research community and economic ecosystem, or you're not. And like, there's good and bad to both. But in reality, in a normal state of affairs, this would not be the job of the private company. The private company should only be saying we will sell to China.

20:58Ranjan Roy:And it's the responsibility of the government to make the decisions that are on the geopolitical. Like it is in NVIDIA's best interest as a private, sorry, public company, but still, you know, like a, they are responsible to their shareholders. I do believe that. And selling to China, like they should be doing that. They're, they're incentivized to do it. There's good arguments for it. And it should be the government's kind of like role and responsibility to decide what is the best interest of the nation and have the best understanding from a security standpoint and everything else. But everything is just so out of whack right now that we're depending on Jensen to be both CEO of public company and kind of like security and trade minister and all of the above.

21:45So I think I might be going back to

21:49Ranjan Roy:Jensen's side that he's put in an impossible situation there. No, I agree. And he became visibly angry because this kind of talk has led NVIDIA to lose some leadership position in China, which he can't be happy about. Remember, there have been export bans. Many of them have been lifted. But OK, now I want to sort of this is where I was trying to get here. All right. There is a good argument to make. And I think some of Jensen's balancing act might have limited in the ability to make it. All right. So the argument, and he made a version of this at the end, and I think this was the strongest part of the whole conversation for him.

22:24The argument to be made is that, listen, you are dealing with LLMs. There is real cultural soft power in having your influence on LLMs diffuse through the United States. And there's going to be two different, one of these two options of LLMs that will be used globally. An LLM with, and the truth is there's values baked in, an LLM with American values baked in or an LLM with Chinese values baked in. And if you're being honest, the way that it is going to diffuse is through open source. So you have two options here. One is you influence the way that the open source direction is going to go by having it built on NVIDIA's tech stack, which is going to have American values, which is going to open the door for Americans who are used to working on NVIDIA to influence and contribute to open source.

23:20The other option is you shut the door to China. You make two competing ecosystems. One is this closed American ecosystem that is great technology, but isn't globally adopted like Anthropic and OpenAI. And two is by shutting out the Chinese, what you're incentivizing is a separate ecosystem where Chinese values will be baked in. They have the worlds. They are going to lead open source without NVIDIA participating. And all of a sudden, their values will be diffused into models that are used in Africa, in India, and across the world. And Jensen, I'll just say this one thing. Jensen does make this argument at the end, not quite on the nose as I would have liked, but he does.

24:04He says, the fact of the matter is that we get to benefit. We get the benefit of American technology leadership. We get the benefit of developers working on the American tech stack. We get the benefit as those AI models diffuse into the rest of the world that the American tech stack is therefore the best for it. That's my point.

24:22Ranjan Roy:I got two questions on that. One, walk me through how exactly you think an LLM reflects the kind of soft power and cultural values. And then two, is an American company, I think like I saw Brian Chesky and Airbnb kind of talking about how now a much higher percentage of their workload is actually deployed on Quen from Alibaba because it's cheaper. And I've seen a number of people talking more about that. And especially as in the last week, there's been all this talk around how Anthropic has been subsidizing and the real bill is coming and like cost management is going to become the next frontier in agentic, like moving, like, is it okay that for, if you're calling Quinn for your, uh, for your workload, or is that un-American as well?

Read the full transcript

25:12Ranjan Roy:So those are my two, what's the cultural values. And then what's, is it, can we use Quinn to process our podcast transcripts and still be America first? It's a good question. So it's not, it's not black and white, right? There's nuance here. If you're building an enterprise software application or if you're trying to do hotel bookings, fine. But let's say there is a proliferation of AI consumer apps out there. And I don't think this is fear-marking. I think this is true, right? What happened when you tried to search for Tiananmen Square in DeepSeek? It was blocked. Now people were able to modify DeepSeek and, you know, strip that out.

25:51But it was only after modification. So I think, you know, if you're thinking about like, and again, this is the argument I think Jensen should make. I'm not 100 % sold on it. But if you're thinking about like, all right, if these models diffuse through the world and there are going to be applications built on top of them, who do you want to set the weights? The Chinese Communist Party or everybody else? I think the preference would be everyone else. That would be the argument if you're Jensen. I think that's a strong argument.

26:22Ranjan Roy:No, I do think it is interesting to me that the if the next soft power battle across the globe is at the LLM level. I think that does make a lot of sense and we should be. But again, that's not NVIDIA's decision to make. But it has, of course, it's not its decision, but it's a critical part of its business. And it's something that, while maybe unfair, Jensen should be better on when he talks about it. I agree. I mean, I think the main takeaway on all this is this is going to, I mean, going into an election year with AI is, it's going to be the poster child for everything wrong with the world. And then China's, these are the two single biggest like political negatives right now, China and AI within the US.

27:15Ranjan Roy:So I think maybe not the biggest, but two of the biggest and like, you got to be better responsible. prepared for that. That's the main takeaway. And I think Dworkish had a great point, by the way, which is like right now, as we speak, U.S. institutions, including the U.S. government, which we're about to get to, are evaluating mythos before it's released to the public. So wouldn't you want to be first? And if you give more compute to adversaries who we know are trying to, you know, at least hack into your systems, you're putting yourself at risk. and that's always going to be the compromise. All right.

27:56Ranjan Roy:Well, walk me through what's happening on the US government side this week. Okay. So first of all, I think let's just start with this. Last week, we had a big discussion, mythos or marketing. Mythos, real or marketing? I don't think you can say 100 % conclusively now, but certainly the data points suggest that mythos is more real than marketing, which is kind of crazy. This is from the AI Security Institute. I brought this up at the Pentagon this week with Emil Michael. We're going to talk about it in a moment. They say, we conducted cyber evaluations of Claude Mythos Preview and found that as the first model to complete an AI SI cyber range end-to-end, the range simulates a 32-step corporate network attack from initial reconnaissance to full takeover.

28:43And we estimate that it would take a human expert 20 hours to complete. So, of course, there's some flaws in this evaluations, but the fact that Mythos was able to complete this end-to-end is a bit spooky and I think that you're starting to see the seriousness of the Mythos model manifest itself in the way that lots of companies and especially the U.S. government are dealing with Anthropic now because there seems to be a universal acknowledgement that whether it's Mythos or whether it's the next iteration of this, you got to take this stuff seriously. So I'm going to not say we shouldn't take it seriously.

29:27Ranjan Roy:I've had more questions on this in the last week since we spoke last Friday when I walked our listeners through what was clearly a very, very coordinated PR stunt about a sandwich in the park from Anthropic. And I actually had spoken with a few listeners and like, and it was funny because it's, that becomes so clearly a marketing tactic. So what I had spoken about this week was, is Mythos like glass wing and the way it rolled out? And I, again, cybersecurity as well is not where I've spent a lot of my time. So like typically if you have this model that can do these zero day exploits and can actually start to piece all of this together.

30:13Ranjan Roy:And like, why make such a big deal about Glasswing? Like normally, like any model rollout would have had some kind of security check. And maybe you're working with other companies as well. But instead, they made this like, and I spoke with someone who works at one of the large companies who's on the cybersecurity team, who was kind of like invited to be part of Glasswing. And the way they were speaking was literally like they got into it, like we're like a VIP invited to some event. Like it, the marketing is, when it's that good, I just, I have a hard time believing it. But what do you think is actually, do you think there is a step change with Mythos that actually represents some massive new vulnerability and it's actually going to be patched up in the next three to six months as Glasswing gets together and finds all the potential vulnerabilities.

31:12Ranjan Roy:Do you think that's what's going to happen aside from the marketing, but then also address the marketing as well? I'm curious. Okay. First of all, I'll say, this is the counter argument, and I think it's really good. People have said marketing at every step of the way. And we've talked about it also. And the capabilities just keep getting better. So at a certain point, like when are you going to say, all right, well, maybe this is real or not? I don't know. I can't tell you I don't have an answer but I can tell you that it's working oh it's working it's working by the way I just thought like wouldn't it be it wouldn't this just be a setup of like a great movie uh where Dario just like takes a heel turn and says I tried to be nice I tried to tell you what my models can do you didn't believe me now I will use the power of mythos for evil and make a society believe in the technology I've created and he just becomes this black hat cyber hacker and takes down society and bets it to his will.

32:10Ranjan Roy:That's what, like guys, for how good the marketing is, that's the picture you are painting in our heads with all of this talk right now. Like if you really cared, like I get there's value, marketing value in like creating this godlike complex around the models that are being released, but it just makes people more uncomfortable with the industry. Like actually, so what I can't get through is like, okay, let's say you have this in your hand and you realize that if we are to release this, this will, has a potential to kind of like make every single small, medium and large company completely vulnerable to hacking has a potential to kind of like take down the entire fabric of our economy.

32:57Ranjan Roy:The digital fabric, at least like, like what would you do? Would you do a coordinated press release and have a project glasswing and then still work on releasing it because you just raised another$30 billion at$380 billion valuation and still keep raising? Like, wouldn't you take a pause and just be like, maybe we should all just try to address what's actually happening here rather than coordinate a marketing campaign that leads to another funding round? I mean, wouldn't you try to fix it? whatever, like really fix it, not use it as a lever to kind of further the economic gains that you continue to accrue.

33:39No, because the idea is, and we should move on because this, we talked about this a lot last week. I think the idea is it's all intertwined. You need to keep growing to keep ahead. So you're able to give this to certain companies to try ahead of time because otherwise you might have, you know, well, I mean, they would say companies that are less trustworthy, But I think Dworkish made the point that it could be other countries with different values that get ahead. And then all of a sudden they start the hacking. And we saw this, by the way, the downstream effects of this with Dario on his way to the White House.

34:17He's actually there today. This is from Axios. Anthropics CEO Dario Amadei is scheduled to walk into the West Wing on Friday for a meeting with White House Chief of Staff Susie Wiles. a breakthrough in his effort to resolve the company's bitter AI fight with the Pentagon. The Trump administration recognizes the power of Anthropik's new Claude model mythos and its highly sophisticated and potentially dangerous ability to breach cyber defenses. It would be grossly irresponsible for the U.S. government to deprive itself of the technological leaps that the new model presents. A source close to the negotiations told us it would be a gift to China.

34:51Oh, that sounds like Anthropik comms to me. What do I know? But, but, but look, there's now, there's now, I think this is a good thing. There's now a thawing, it seems like, between Anthropoc and the federal government. So I think if you're the federal government, you have to take this seriously. And if you're Anthropoc, I think you're doing the right thing by getting in there. And is there a chance it's marketing? Maybe. But ultimately, I think that this is sort of the news here is that this is going to create a, at least a thaw between Anthropoc and the White House.

35:23Ranjan Roy:Well, but again, what do you think would happen if they released Mythos today? Like, what do you think would really happen? And what do you think will happen within the current way they're rolling this out? Do you think if they were to release this today that cyber – that hackers would penetrate every defense for even the largest companies in the world or – No, not necessarily. I mean, we spoke about it last week. you know we don't but clearly there's some there's some incremental i mean incremental abilities i the the institute that i quoted earlier like they are independent as far as i'm aware i think they're uk based i don't think they have any incentive to you know fluff this up um with microsoft microsoft's in this uh in this um you know project glass wing they're big investors in open ai so i don't know anyway i think we should move on from the marketing but You can get a last word in.

36:20Ranjan Roy:One last thought. Rather than your Dario heel turn that sounded kind of like an Avengers movie, I want to see it go the other way where actually Dario and Sam come on stage and OpenAI has been invited to Glasswing and together they are giving mythos to their biggest competitor. And everyone is going to make this work hand in hand. That's the plot twist I want to see. I love it. maybe even hands holding hands like they didn't do previously. Yeah, exactly. But I think you're right. I think peace is a good place to take this because we could see peace between Anthropica and the Pentagon. And of course, I was in the Pentagon earlier this week speaking with Emil Michael, the undersecretary of war, who is the one that banned Anthropica.

37:06And I asked him, you know, you've made peace with Google, who was on the out with the Pentagon for a while. Can you make peace with Anthropik? And he said, I think so. He said, I hope that companies, as they get more mature and more of an understanding of what it means to work with the government and understand us better, get to a good spot hopefully sooner than eight years. I think that was interesting. It was the first interview where Emil opened up the door to possible reconciliation with Anthropik. And I think that's a good thing. Do you think it'll happen? Yes, I do. I really do think that this is, that they will.

37:45they will find um some common ground and get back to work together i think the pentagon likes anthropic honestly they're just the technology they're clod pilled all right um before we go to break i do want to address something because we definitely had some and i don't know if i really should i don't want this to come off as defensive but i think it's like good to like take a moment to sort of explain uh the way that that i you know i operate on this show um and uh and there were some questions about like, why did you go into the Pentagon and ask these questions? And I'll just read, there was one review on Apple Podcasts that I think is worth addressing.

38:25Alex displays a clear pattern of showing deference to the rich and the powerful. His interviews with OpenAI and Trump admin leaders have been extremely deferential. His questions to Dario were much more pointed and journalistic. It seems like Alex is truly dedicated to sucking up to the most evil people in America. The episodes with Ranjan are cool, though two stars um first of all i'll just say uh we i i appreciate listener feedback i i i'm glad to hear from listeners i'm i it's a privilege to be able to do this show for an audience so so thank you i'll also say the two-star reviews really are they they they're aimed at they they in practice um have an effect of really harming the show so um i'd much rather these come in through big technology podcast at gmail.com which is in the show notes um or if you have a criticism five-star it and write it and we'll take it seriously send us hate mail send us hate mail i but i do i i do think it's worth addressing sort of the style that i have of interviews and sort of

39:21Ranjan Roy:what happened with emil oh i want to i want to ask you i'm going to put alex on the spot here like one of the fascinating parts of the whole dworkish jensen interview is like everyone's like oh my god it was heated it was pointed in reality 10 years ago that would have been any normal interview because like, and now we have the podcast circuit and I'm certainly going to exclude big technology podcasts from that. And I think you do push a lot of the guests in a hard way, but like, how does it work? Like, cause if you rip apart a CEO, does, do people want to come on the show? Like, how do you balance that tension at a personal level?

40:05Ranjan Roy:Like to try to make this a success. So this is great setup because this is my philosophy here. I really think the job is to get newsmakers in the room and ask them the hardest questions possible. I think the reason a lot of these TV interviews or these hard interviews and these back and forth, did you order the code red? There is value in asking officials tough questions. I think the reason why people became disenchanted with the media is because it became more about showboating for the journalist and more performative than it became inquisitive trying to find the answers to these tough questions.

40:46And, you know, I think Jensen became very defensive in this conversation with Dwarkesh, which is why it led to this sort of heated back and forth. But my style in particular, I try to go in, I want to ask the people I'm sitting across from the hardest possible questions I can, but I also want to do it in a respectful way. I want to have a conversation about it. For me, it's not about a performative thing. And I think if you look at the transcript of the conversation with Emil, even though it was conversational, there were, I believe, tough questions there. I mean, I mentioned to him that I'm puzzled by the supply chain risk designation.

41:22I mentioned to him, if you were so close to being willing to work with Anthropic, then how could they end up being supply chain risk? On Mythos, I mentioned, wouldn't you want this tool at this disposal? You're putting your, aren't you putting yourself in a corner when you're not taking these capabilities and using the ones you want? And then on this idea that Anthropic could shut them off. you know i think i i mentioned like you you have claude you could have you are building a system with claude grok and open ai in there or you're on your way um and if claude has an update you don't like you wouldn't you just be able to run open ai on it so why shut off the relationship for me i don't think i need to yell or sort of be like you know did why did you do this uh i think there there is like basically what i want to do is to to ask what i'm curious about get the toughest questions in front of these people but also do it in the context of a conversation.

42:15And if there's there, I'm open to all forms of criticism. If there's like, this was too conversational or the pushback wasn't good enough, I'm open it. But the, you know, I would say don't mistake the conversational nature for this idea that these people are getting a free ride. Because if you listen to any of the more recent interviews with Emil, those questions were not asked. So that's just my piece. And I thought it was worth saying.

42:40Ranjan Roy:No, I, I, not to, not to glaze Alex here a bit for listeners, but I think that is, yeah, I think that's what I find valuable. And I do like that, that like you can be, it doesn't have to be confrontational. Like, and any leader at that level, I feel should, and I, that's probably why the guests you are getting, they're just getting kind of crazier and crazier good. Like, I mean, like if you're at that level of success, you shouldn't want tough questions. You should be ready. Like that's, I don't know, like maybe it's being a former debater myself, but you should want to have questions and most do.

43:15Ranjan Roy:And it like makes them better and smarter. And yeah, I think there's not enough of that out in the world. So even for this listener, I just make it five stars. At least they like the Friday shows. They like the Friday shows. You're saving this thing. from we got to disagree when we come back on something vehemently on all birds um all birds you got to say it's good yeah but i don't want my my point here to be mistaken as uh please don't criticize me i'm open to criticism i want to hear it we have the email address big technology podcast at gmail.com and i i take the comment seriously because again like um this is this is only possible because we have an audience and uh and you're if you're listening or at home or watching your opinion does really matter.

44:04All right, let's take a break and come back and talk a little bit about Sam Altman. We'll be back right after this. Starting something new isn't just hard, it's terrifying. So much work goes into this thing that you're not entirely sure will work out, and it can be hard to make that leap of faith. When I started this podcast, I wasn't sure if anybody would listen. Now I know it was the right choice. It also helps when you have a partner like Shopify on your side to help. Shopify is the commerce platform behind millions of business around the world and 10 % of all e-commerce in the U.S. From household names like Allbirds and Cotopaxi to brands just getting started.

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45:54If you want to treat your home to spotless fresh floors, visit us.narwal.com slash Alex. That's U-S dot N-A-R-W-A-L dot com slash Alex. I've interviewed a lot of great tech founders on this show, and one surprisingly universal challenge comes up again and again, finding the right domain name. It's something I ran into myself when launching big technology. The names you want are often taken, and it's tempting to just settle and move on. But the founders I respect most don't settle on fundamentals, and your name is one of them. It should immediately signal what you actually build. That's what I appreciate about.tech domain names.

46:36It just makes sense. It tells the world, your customers, your investors, anyone Googling you, that you're building in technology. Clean, direct, no qualifiers. And I'm seeing more serious startups lean into it. nothing.tech, 1x.tech, aurora.tech, ces.tech, ultra.tech, alice.tech, neuron.tech, blaze.tech, pi.tech, and so many more. If you're building something tech first, don't settle. Secure your .tech domain from any registrar of your choice and make your positioning obvious from day one. And we're back here on Big Technology Podcast Friday edition. Wow, today's flown by. Let's talk about this story in the Wall Street Journal about Sam Altman's side hustles, which is interesting because the headline was Sam Altman's side hustles blur the line between OpenAI's interests and his own.

47:20That was not the story. The Wall Street Journal in this story about Sam Altman's conflicts, which he basically, you know, I'll just give it at a high level. He doesn't really take a story from a salary from OpenAI, but he has these investments in like the OpenAI startup fund and in other startups. And he's tried to get OpenAI to fund some of these other startups, like Helion, which is a fusion company, and Stokespace, which is a SpaceX challenger. This is the thing that really stunned me in the article, and I don't know why this wasn't the headline. OpenAI's leaders and largest investors say they support Altman, crediting him with the company's success.

48:02Yet some shareholders have begun to privately question whether he should lead OpenAI through the turbulence of going public and a floated board chair and former Salesforce CEO Brett Taylor as a potential successor, said people familiar with the matter. Hold on. You're going to bury this notion that there are people, there are investors, there are OpenAI investors who are so uncomfortable with Sam that they are already floating a specific name of a person to replace him? That to me is the story. Well, I think, I mean, in a way though, it makes sense.

48:35Ranjan Roy:Like I think for all the problems that, or all the challenges they're facing, they're not necessarily problems yet that have been realized. Like, I feel like, I mean, Brett Taylor, I think he's on the board of OpenAI, CEO of Sierra. Or, uh, like he's, uh, I mean, that's kind of like operator that open AI still lacks and Fiji Simo was supposed to come in and be that operator. Denise Dresser might be that operator more so, but like they still haven't found, I mean, I hate the, everyone, remember everyone used to say like their shit, uh, Sheryl Sandberg to Mark Zuckerberg. Like, uh, they're still looking forward.

49:15Ranjan Roy:So I think, uh, yeah, it's, it's not unreasonable. I think you're going to be seeing more of these kinds of leaks at some point because there has to be investors that there's a lot of money in it. There's a lot of kind of lack of clear strategy still, even after they're supposed to kind of bring focus to the company. So I think you're going to be seeing a lot more of this as we get into this IPO race and battle against Anthropic. Yes. First of all, I just want to say, I am mostly against this, you need an adult in the room type of operator CEO. You don't need a Sheryl Sandberg. I think they just, they take out the imagination of companies and I much prefer, I think founder-led companies are where it's at.

49:59And that sort of - No, founder-led with the adult in the room.

50:02Ranjan Roy:I feel like Snapchat, like that's one thing that always they never had. I think like overly founder-led. Then you have like an NVIDIA where founder-led, but years of maturity and development, and then they hit their stride in insanely successful ways. So yeah, I think an adult in the room is an adult. You're right, especially as an IPO approaches, right? And by the way, Brett Taylor, a combination of Sierra and OpenAI would make so much sense, especially as OpenAI goes after enterprises. It would be a perfect match. I would be stunned if they haven't talked about that within OpenAI with all this money that they have to invest.

50:46But hold on. Oh, yeah. Go ahead. Go ahead.

50:49Ranjan Roy:Wait, but he's on the – isn't he the chair of the board? Yes. How does that – I can't even get it. But at this point, conflict of interest has never been a problem. You know, we've seen the much weirder shit happen in this industry. That was the most naive thing I've ever said on this show. Get your head out of 1995. We're in 2026. Okay. But you're right. It is going to, you know, sort of come to a head as this company goes to an IPO. And let me read on in the Wall Street Journal story. Am I excited to be a public company CEO? 0%, Altman said on a podcast in December. Am I excited for OpenAI to be a public company?

51:30In some ways I am. And in some ways I think it would be really annoying. He said it on a podcast in December. Hmm, which podcast was that, Wall Street Journal? But yeah, it's an issue for, I mean, if you think broadly about OpenAI, it is an issue, right? They are chasing anthropic to some degree or even a large degree, right? they're pivoting towards this anthropic model of the super app, the Fiji thing. You know, of course it was for medical reasons, but it's a pretty rough time for her to be away. And Sam is doing his thing. He's obviously raising a lot of money. That's critical. But it's not good to have questions about, it's not good for your investors to be talking about a potential successor while you're with less than a year away from an initial public offering

52:20Ranjan Roy:see i'm gonna i'm gonna push back on that good do it people have been talking about potential successor for a long time like again fiji gets announced potential successor is that the real move here like uh brett so so that part doesn't worry me as much and again as you said wait how much did they raise in the last round 122 billion that's he's doing i mean if you're the ceo in your job is to get funds he's doing an okay job wouldn't you what you say so so this was while i was out on vacation and i was in utah and we got some snow and i was able to ski and i actually didn't look at my phone too much and i like saw the headline i'm like how but it it kind of was just like a blip in the news cycle like 122 billion at 852 billion dollar valuation like I don't know how it's it's amazing and they are chasing anthropics strategically they're going after enterprise again like mythos gets released and then five four cyber gets released right after it's like everything they're doing is right after anthropic and following them yet they freaking raised 122 billion and it's just become so par for the course now that that wasn't even the biggest story in the world or at least in the tech world.

53:38Yeah. No, I mean, you're right. I mean, and that's all Altman. So I don't know if others can do that.

53:44Ranjan Roy:He's doing his job. Yeah. Okay. We are running up on time and we need to at least leave seven minutes to talk about Allbirds. Okay. Can I begin? I mean, this is one of those stories where you see the news come in and then you just wait for Matt Levine at Bloomberg to weigh in. So if you will, allow me to just read Matt Levine. He says, I feel like if you ran a big technology company and you were looking to expand your artificial intelligence capabilities and needed to rent access to GPUs, and a GPU as a service slash AI cloud company came to pitch you, and you said, so tell me a bit more about your company.

54:24And the company said, well, two weeks ago, we were a sneaker company, but have since pivoted to AI. You might say, huh, but thanks, but no thanks for going to go with someone with a bit more AI expertise and actually a data center. But maybe that's wrong. Maybe the sneaker guys are great at AI, but you might worry. But if you said, so tell me a bit about your company and the company said, well, two weeks ago, we were a sneaker company called Allbirds, but we have pivoted to AI. Your reaction might be different because in this hypothetical, you run a big technology company and you probably spent years wearing Allbirds.

54:56I used to love Allbirds, you might say. High five. And then you might sign a long-term cloud hosting agreement with the former Allbirds because, like many tech executives, you have a nostalgic fondness for their brand. It's not likely, but it's worth a shot. This all sets up the fact that Allbirds pivoted to an AI computing infrastructure company this week. Their stock went up 582 % on the day of, and somehow this is a real thing that happened. I mean, Bronjam, what the hell is this? This is ridiculous.

55:32Ranjan Roy:So I know we only have a few minutes left, so I'm going to try to be a little concise with this story. You go. You have five minutes. It's all yours. Allbirds, I have a very long relationship with the company in the sense that, So I worked for a number of years at Adore Me, a direct-to-consumer intimate apparel company. In 2021, we were at like$250 million revenue. We were like looking at going public. And that was as Allbirds was going to market. There was actually 2021 summer into the fall was this kind of like DTC, rent the runway. There's a number of other DTC companies that went public. And I love this Matt Levine part because the bankers we spoke with, like, all wore Allbirds.

56:20Ranjan Roy:And they were like the ones, the only ones. The VCs were the only ones. And it actually, you could tell, affected Allbirds at kind of a similar, slightly larger revenue, went out to market at$2 billion on the first day, popped to a$4 billion valuation. It was like 20X, 18X price to sales, which is insane, is insane. But the momentum of the people with money who do the investing, loving the brand, actually being the ones to push it, and the stock just collapsed. And the reason this was so funny is like it became a penny stock. They essentially went bankrupt. They got bought out for I think$39 million in the end.

57:01Ranjan Roy:I'm sure most people don't see anyone wearing all birds around. They shut down all their stores. But I kind of like this ridiculous pivot. It's just, it's like you have this asset and that, this is why Matt Levine is Matt Levine. He got it. That is the asset. This nostalgic, like, it's almost like you're buying a marketing asset and a brand asset rather than you're just a nameless faceless GPU AI cloud as a service company or whatever. And it's obviously like the stock market. It's almost bad that the stock popped 600 % on the first day and then collapsed, I think, 580 % the next day. No, no, it collapsed some like 80-something percent, but it's back up.

57:47It's up 191 % on the week.

57:50Ranjan Roy:Yeah, but it's at$105 million market cap right now. I just checked. I mean, but again, if your company is essentially worth zero, that's still a pretty good market cap. But I kind of like buy up. This is my new private equity idea for everyone. If anyone wants to run with it, go with it. Go buy any dead brand that investors and VCs and tech executives and bankers loved at some point. Just take their name and turn it into a GPU company as a service company. Take the most boring infrastructure business you can imagine. Go buy some – what do you think some good 2010s tech brands are that have left us?

58:34Ranjan Roy:I'm trying to think what else could be in Allbirds. But that's my idea. There's got to be a portfolio. Go get BuzzFeed. Go get BuzzFeed. BuzzFeed would be good. Go get BuzzFeed. WeWork. WeWork, DPU company. Take all those 2010s. And because I actually saw there is something around like dead startups are actually able to still sell their Slack threads and email lists and stuff for training data for AI. Which is horrifying. No, no. But let's take all of the graveyard of 2010s and bring it back and just – they're all going to be GPU as a service companies. But that industry is so unsexy and there's so few names available right now that are memorable.

59:15Ranjan Roy:and just slap on WeWork, BuzzFeed, Allbirds, whatever else. And that's the idea. Start your roll-up company. That will turn the tide on AI. You take these beloved consumer brands, you turn them into GPU companies, and all of a sudden you see the AI ratings in the polls just go through the roof, and Jensen starts nailing his interviews, and the Pentagon and Anthropic, and Anthropic and OpenAI make peace, and we all live in a better world. That's peace. that's where we're going to end up if you follow this idea. We can only hope. We can only hope. All right. Let's end on this message. Ranjan, thank you again for coming on the show.

59:53Appreciate it.

59:53Ranjan Roy:World peace is a good place to end. World peace. Thank you to you, the listeners. We'll see you next time on Big Technology Podcast. Security program on spreadsheets, new regulations piling up, and audit dread? It's time for Vanta. Vanta automates security and compliance, brings evidence into one place, and cuts audit prep by 82%. Less manual work, clearer visibility, faster deals. Zero chaos. Call it compliance or call it compliance. Get it? Join the 15 ,000 companies using Vanta to prove trust. Go to Vanta.com slash com.

From the publisher

Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover: 1) Nvidia CEO Jensen Huang's pedestrian performance on the Dwarkesh Podcast 2) Jensen's argument about competing chipmakers 3) Jensen's argument about China export controls 4) What Jensen should've said 5) Why Jensen is in a tough place when he does these interviews 6) Mythos seems real btw 7) Anthropic is talking with the government about a peace deal 8) Alex's interview philosophy 9) Sam Altman's conflicts of interest 10) Are OpenAI investors considering replacing Sam as CEO? 11) Wait, Allbirds is a GPU company now??

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