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00:00 There's a lot of startups in today's world that build things functionally and visually very similar to the labs key products, right? It's either a chatbot or a coding agent. 10 years ago that same exact question was can Google do this? And then now it became can labs do this? Sure, some of the things the core competencies they can do it, but some of the other things they're not investing in it.
00:21 Open AI builds amazing products really fast, but also it kills them really fast. So, I don't think enterprises are at least enterprises in these industries looking for that. Or in Anthropic's case, Silicon Valley converged in the idea that, you know, they pulled ahead in coding agents, but you see exactly the opposite in the enterprise case. There's about like 20 products, like what is really happening?
00:41 The answer would be, well, when we get the AGI, we'll ask how to solve it for essential services. And I think that is both operationally and intellectually a bit lazy thinking.
Yes. Startups can compete by serving neglected areas and enterprise needs that labs may not prioritize, especially where durable products matter more than rapid product launches.
Open AI builds amazing products really fast, but also it kills them really fast.
I think that is both operationally and intellectually a bit lazy thinking.