The cost of computing has reduced a million times in ten years!
In the next ten years computing power will increase another million times!
The future: "generative content" based on knowledge / meaning, instead of "static content"
AI: finding "meaning of genes", "meaning of biology"
Advantage: low expectations; people with high expectations have low resilience
Making progress requires "pain and suffering"
NVIDIA CEO Jensen Huang Leaves Everyone SPEECHLESS (Supercut) - YouTube
"Highlights of #nvidia ( #nvda stock ) Founder and CEO Jensen Huang speaking at Stanford Institute for Economic Policy Research (SIEPR). Highlights include why Nvidia dominated generative AI after #openai released #chatgpt , why they still have no serious competition, the story behind Jensen Huang's leather jacket, and much more."
TCO: total cost of ownership (an estimate of all the direct and indirect costs
involved in acquiring and operating a product or system over its lifetime).
involved in acquiring and operating a product or system over its lifetime).
NVIDIA TCO is so good that even if competition was free it would not be cheap enough to switch
Timestamps for this Nvidia & Stanford supercut:
00:00 NVIDIA AI Chips Now And In 2029
05:46 Why NVIDIA Has No Real Competition
08:06 Why NVIDIA Will Keep Dominating AI
11:28 Pain & Suffering - Advice for Entrepreneurs
13:09 The Truth Behind Jensen's Leather Jacket