WEBVTT #Elemental Media Engine(TM) 2.18.0.0 00:00:01.601 --> 00:00:01.668 has 00:00:01.668 --> 00:00:02.135 has got 00:00:02.135 --> 00:00:02.168 has got to 00:00:02.168 --> 00:00:02.268 has got to be 00:00:02.268 --> 00:00:03.136 has got to be big. 00:00:03.136 --> 00:00:03.203 has got to be big. We 00:00:03.203 --> 00:00:03.303 has got to be big. We also 00:00:03.303 --> 00:00:03.470 has got to be big. We also know 00:00:03.470 --> 00:00:04.270 has got to be big. We also know it's 00:00:04.270 --> 00:00:04.404 has got to be big. We also know it's big 00:00:04.404 --> 00:00:04.471 has got to be big. We also know it's big because 00:00:04.471 --> 00:00:04.537 has got to be big. We also know it's big because Dan 00:00:04.537 --> 00:00:05.405 has got to be big. We also know it's big because Dan Ives 00:00:05.405 --> 00:00:05.438 has got to be big. We also know it's big because Dan Ives is 00:00:05.438 --> 00:00:05.572 it's big because Dan Ives is 00:00:05.572 --> 00:00:05.605 it's big because Dan Ives is here 00:00:05.605 --> 00:00:05.705 it's big because Dan Ives is here to 00:00:05.705 --> 00:00:06.373 it's big because Dan Ives is here to talk 00:00:06.373 --> 00:00:06.439 it's big because Dan Ives is here to talk about 00:00:06.439 --> 00:00:06.473 it's big because Dan Ives is here to talk about it. 00:00:06.473 --> 00:00:06.539 it's big because Dan Ives is here to talk about it. He 00:00:06.539 --> 00:00:06.573 it's big because Dan Ives is here to talk about it. He is 00:00:06.573 --> 00:00:07.140 here to talk about it. He is 00:00:07.140 --> 00:00:07.207 here to talk about it. He is the 00:00:07.207 --> 00:00:07.273 here to talk about it. He is the head 00:00:07.273 --> 00:00:07.440 here to talk about it. He is the head of 00:00:07.440 --> 00:00:08.274 here to talk about it. He is the head of technology 00:00:08.274 --> 00:00:08.308 here to talk about it. He is the head of technology research 00:00:08.308 --> 00:00:08.408 the head of technology research 00:00:08.408 --> 00:00:08.541 the head of technology research at 00:00:08.541 --> 00:00:08.608 the head of technology research at Wedbush. 00:00:08.608 --> 00:00:09.275 the head of technology research at Wedbush. Dan 00:00:09.275 --> 00:00:09.376 the head of technology research at Wedbush. Dan we're 00:00:09.376 --> 00:00:09.442 the head of technology research at Wedbush. Dan we're going 00:00:09.442 --> 00:00:09.476 the head of technology research at Wedbush. Dan we're going to 00:00:09.476 --> 00:00:09.576 at Wedbush. Dan we're going to 00:00:09.576 --> 00:00:10.744 at Wedbush. Dan we're going to get 00:00:10.744 --> 00:00:10.844 at Wedbush. Dan we're going to get to 00:00:10.844 --> 00:00:10.910 at Wedbush. Dan we're going to get to Nvidia 00:00:10.910 --> 00:00:11.111 at Wedbush. Dan we're going to get to Nvidia and 00:00:11.111 --> 00:00:11.144 at Wedbush. Dan we're going to get to Nvidia and earnings. 00:00:11.144 --> 00:00:11.444 get to Nvidia and earnings. 00:00:11.444 --> 00:00:11.511 get to Nvidia and earnings. That's 00:00:11.511 --> 00:00:11.611 get to Nvidia and earnings. That's why 00:00:11.611 --> 00:00:11.711 get to Nvidia and earnings. That's why you're 00:00:11.711 --> 00:00:12.145 get to Nvidia and earnings. That's why you're here. 00:00:12.145 --> 00:00:12.212 get to Nvidia and earnings. That's why you're here. Get 00:00:12.212 --> 00:00:12.245 get to Nvidia and earnings. That's why you're here. Get to 00:00:12.245 --> 00:00:12.379 That's why you're here. Get to 00:00:12.379 --> 00:00:12.412 That's why you're here. Get to that 00:00:12.412 --> 00:00:13.246 That's why you're here. Get to that in 00:00:13.246 --> 00:00:13.380 That's why you're here. Get to that in one 00:00:13.380 --> 00:00:13.413 That's why you're here. Get to that in one second. 00:00:13.413 --> 00:00:13.446 That's why you're here. Get to that in one second. I 00:00:13.446 --> 00:00:14.647 That's why you're here. Get to that in one second. I do 00:00:14.647 --> 00:00:14.681 That's why you're here. Get to that in one second. I do have 00:00:14.681 --> 00:00:14.781 that in one second. I do have 00:00:14.781 --> 00:00:14.848 that in one second. I do have to 00:00:14.848 --> 00:00:14.914 that in one second. I do have to ask 00:00:14.914 --> 00:00:15.415 that in one second. I do have to ask you 00:00:15.415 --> 00:00:15.482 that in one second. I do have to ask you about 00:00:15.482 --> 00:00:15.648 that in one second. I do have to ask you about this 00:00:15.648 --> 00:00:15.682 that in one second. I do have to ask you about this lawsuit. 00:00:15.682 --> 00:00:15.782 to ask you about this lawsuit. 00:00:15.782 --> 00:00:16.449 to ask you about this lawsuit. Is 00:00:16.449 --> 00:00:16.516 to ask you about this lawsuit. Is this 00:00:16.516 --> 00:00:16.616 to ask you about this lawsuit. Is this all 00:00:16.616 --> 00:00:16.683 to ask you about this lawsuit. Is this all noise. 00:00:16.683 --> 00:00:17.217 to ask you about this lawsuit. Is this all noise. Is 00:00:17.217 --> 00:00:17.283 to ask you about this lawsuit. Is this all noise. Is it 00:00:17.283 --> 00:00:17.317 to ask you about this lawsuit. Is this all noise. Is it all 00:00:17.317 --> 00:00:17.450 Is this all noise. Is it all 00:00:17.450 --> 00:00:17.517 Is this all noise. Is it all light 00:00:17.517 --> 00:00:18.284 Is this all noise. Is it all light and 00:00:18.284 --> 00:00:18.385 Is this all noise. Is it all light and no 00:00:18.385 --> 00:00:18.451 Is this all noise. Is it all light and no heat. 00:00:18.451 --> 00:00:18.518 Is this all noise. Is it all light and no heat. What 00:00:18.518 --> 00:00:19.352 Is this all noise. Is it all light and no heat. What do 00:00:19.352 --> 00:00:19.386 Is this all noise. Is it all light and no heat. What do you 00:00:19.386 --> 00:00:19.519 light and no heat. What do you 00:00:19.519 --> 00:00:19.552 light and no heat. What do you make 00:00:19.552 --> 00:00:19.652 light and no heat. What do you make of 00:00:19.652 --> 00:00:19.686 light and no heat. What do you make of it. 00:00:19.686 --> 00:00:21.021 make of it. 00:00:21.021 --> 00:00:21.054 make of it. >> 00:00:21.054 --> 00:00:21.154 make of it. >> I 00:00:21.154 --> 00:00:21.221 make of it. >> I think 00:00:21.221 --> 00:00:21.321 make of it. >> I think 80% 00:00:21.321 --> 00:00:21.388 make of it. >> I think 80% noise. 00:00:21.388 --> 00:00:21.488 make of it. >> I think 80% noise. But 00:00:21.488 --> 00:00:21.521 make of it. >> I think 80% noise. But look 00:00:21.521 --> 00:00:22.122 >> I think 80% noise. But look 00:00:22.122 --> 00:00:22.222 >> I think 80% noise. But look 20%. 00:00:22.222 --> 00:00:22.255 >> I think 80% noise. But look 20%. This 00:00:22.255 --> 00:00:23.289 >> I think 80% noise. But look 20%. This is 00:00:23.289 --> 00:00:23.323 >> I think 80% noise. But look 20%. This is an 00:00:23.323 --> 00:00:23.423 >> I think 80% noise. But look 20%. This is an AI 00:00:23.423 --> 00:00:23.523 >> I think 80% noise. But look 20%. This is an AI arms 00:00:23.523 --> 00:00:23.556 >> I think 80% noise. But look 20%. This is an AI arms race 00:00:23.556 --> 00:00:24.324 20%. This is an AI arms race 00:00:24.324 --> 00:00:24.391 20%. This is an AI arms race going 00:00:24.391 --> 00:00:24.457 20%. This is an AI arms race going on. 00:00:24.457 --> 00:00:24.524 20%. This is an AI arms race going on. And 00:00:24.524 --> 00:00:25.825 20%. This is an AI arms race going on. And Musk 00:00:25.825 --> 00:00:25.925 20%. This is an AI arms race going on. And Musk knows 00:00:25.925 --> 00:00:25.959 20%. This is an AI arms race going on. And Musk knows with 00:00:25.959 --> 00:00:26.059 going on. And Musk knows with 00:00:26.059 --> 00:00:26.526 going on. And Musk knows with AI, 00:00:26.526 --> 00:00:26.593 going on. And Musk knows with AI, you 00:00:26.593 --> 00:00:26.726 going on. And Musk knows with AI, you know 00:00:26.726 --> 00:00:27.594 going on. And Musk knows with AI, you know they're 00:00:27.594 --> 00:00:27.627 going on. And Musk knows with AI, you know they're playing 00:00:27.627 --> 00:00:27.761 AI, you know they're playing 00:00:27.761 --> 00:00:27.861 AI, you know they're playing from 00:00:27.861 --> 00:00:28.361 AI, you know they're playing from behind 00:00:28.361 --> 00:00:28.395 AI, you know they're playing from behind relative 00:00:28.395 --> 00:00:28.528 AI, you know they're playing from behind relative to 00:00:28.528 --> 00:00:28.561 AI, you know they're playing from behind relative to where 00:00:28.561 --> 00:00:29.429 from behind relative to where 00:00:29.429 --> 00:00:29.496 from behind relative to where all 00:00:29.496 --> 00:00:30.196 from behind relative to where all men, 00:00:30.196 --> 00:00:30.263 from behind relative to where all men, OpenAI 00:00:30.263 --> 00:00:30.296 from behind relative to where all men, OpenAI are 00:00:30.296 --> 00:00:31.264 from behind relative to where all men, OpenAI are as 00:00:31.264 --> 00:00:31.297 from behind relative to where all men, OpenAI are as well. 00:00:31.297 --> 00:00:31.398 all men, OpenAI are as well. 00:00:31.398 --> 00:00:31.498 all men, OpenAI are as well. And 00:00:31.498 --> 00:00:32.265 all men, OpenAI are as well. And look 00:00:32.265 --> 00:00:32.365 all men, OpenAI are as well. And look in 00:00:32.365 --> 00:00:32.532 all men, OpenAI are as well. And look in Apple 00:00:32.532 --> 00:00:32.565 all men, OpenAI are as well. And look in Apple obviously 00:00:32.565 --> 00:00:33.400 And look in Apple obviously 00:00:33.400 --> 00:00:33.433 And look in Apple obviously caught 00:00:33.433 --> 00:00:33.500 And look in Apple obviously caught in 00:00:33.500 --> 00:00:33.633 And look in Apple obviously caught in the 00:00:33.633 --> 00:00:34.134 And look in Apple obviously caught in the middle 00:00:34.134 --> 00:00:34.234 And look in Apple obviously caught in the middle here. 00:00:34.234 --> 00:00:34.267 And look in Apple obviously caught in the middle here. It's 00:00:34.267 --> 00:00:34.367 caught in the middle here. It's 00:00:34.367 --> 00:00:34.467 caught in the middle here. It's not 00:00:34.467 --> 00:00:35.268 caught in the middle here. It's not what 00:00:35.268 --> 00:00:35.335 caught in the middle here. It's not what you 00:00:35.335 --> 00:00:35.402 caught in the middle here. It's not what you want 00:00:35.402 --> 00:00:35.468 caught in the middle here. It's not what you want to 00:00:35.468 --> 00:00:36.236 caught in the middle here. It's not what you want to see 00:00:36.236 --> 00:00:36.269 caught in the middle here. It's not what you want to see for 00:00:36.269 --> 00:00:36.403 not what you want to see for 00:00:36.403 --> 00:00:36.469 not what you want to see for Apple 00:00:36.469 --> 00:00:36.569 not what you want to see for Apple in 00:00:36.569 --> 00:00:37.370 not what you want to see for Apple in terms 00:00:37.370 --> 00:00:37.437 not what you want to see for Apple in terms of 00:00:37.437 --> 00:00:37.504 not what you want to see for Apple in terms of the 00:00:37.504 --> 00:00:37.604 not what you want to see for Apple in terms of the App 00:00:37.604 --> 00:00:37.637 not what you want to see for Apple in terms of the App Store 00:00:37.637 --> 00:00:38.438 Apple in terms of the App Store 00:00:38.438 --> 00:00:38.505 Apple in terms of the App Store and 00:00:38.505 --> 00:00:38.571 Apple in terms of the App Store and some 00:00:38.571 --> 00:00:38.638 Apple in terms of the App Store and some of 00:00:38.638 --> 00:00:39.172 Apple in terms of the App Store and some of the 00:00:39.172 --> 00:00:39.305 Apple in terms of the App Store and some of the worries 00:00:39.305 --> 00:00:39.339 Apple in terms of the App Store and some of the worries there. 00:00:39.339 --> 00:00:39.439 and some of the worries there. 00:00:39.439 --> 00:00:39.572 and some of the worries there. But 00:00:39.572 --> 00:00:40.840 and some of the worries there. But Brian, 00:00:40.840 --> 00:00:40.940 and some of the worries there. But Brian, I 00:00:40.940 --> 00:00:40.974 and some of the worries there. But Brian, I think 00:00:40.974 --> 00:00:41.107 and some of the worries there. But Brian, I think it 00:00:41.107 --> 00:00:41.241 and some of the worries there. But Brian, I think it speaks 00:00:41.241 --> 00:00:41.274 and some of the worries there. But Brian, I think it speaks to 00:00:41.274 --> 00:00:41.408 But Brian, I think it speaks to 00:00:41.408 --> 00:00:41.441 But Brian, I think it speaks to just 00:00:41.441 --> 00:00:41.541 But Brian, I think it speaks to just an 00:00:41.541 --> 00:00:42.742 But Brian, I think it speaks to just an arms 00:00:42.742 --> 00:00:42.842 But Brian, I think it speaks to just an arms race 00:00:42.842 --> 00:00:42.976 But Brian, I think it speaks to just an arms race that's 00:00:42.976 --> 00:00:43.009 But Brian, I think it speaks to just an arms race that's going 00:00:43.009 --> 00:00:43.109 just an arms race that's going 00:00:43.109 --> 00:00:43.743 just an arms race that's going on. 00:00:43.743 --> 00:00:43.843 just an arms race that's going on. Musk 00:00:43.843 --> 00:00:43.910 just an arms race that's going on. Musk right 00:00:43.910 --> 00:00:43.943 just an arms race that's going on. Musk right now 00:00:43.943 --> 00:00:44.511 just an arms race that's going on. Musk right now is 00:00:44.511 --> 00:00:44.544 just an arms race that's going on. Musk right now is wartime 00:00:44.544 --> 00:00:44.677 on. Musk right now is wartime 00:00:44.677 --> 00:00:44.711 on. Musk right now is wartime CEO. 00:00:44.711 --> 00:00:44.811 CEO. 00:00:44.811 --> 00:00:45.578 CEO. >> 00:00:45.578 --> 00:00:45.645 CEO. >> Yeah. 00:00:45.645 --> 00:00:46.413 CEO. >> Yeah. So 00:00:46.413 --> 00:00:47.380 CEO. >> Yeah. So this 00:00:47.380 --> 00:00:47.447 CEO. >> Yeah. So this lawsuit 00:00:47.447 --> 00:00:47.514 CEO. >> Yeah. So this lawsuit does 00:00:47.514 --> 00:00:47.547 CEO. >> Yeah. So this lawsuit does I 00:00:47.547 --> 00:00:47.680 >> Yeah. So this lawsuit does I 00:00:47.680 --> 00:00:48.214 >> Yeah. So this lawsuit does I think 00:00:48.214 --> 00:00:48.314 >> Yeah. So this lawsuit does I think the 00:00:48.314 --> 00:00:48.415 >> Yeah. So this lawsuit does I think the reason 00:00:48.415 --> 00:00:49.182 >> Yeah. So this lawsuit does I think the reason we're 00:00:49.182 --> 00:00:49.215 >> Yeah. So this lawsuit does I think the reason we're covering 00:00:49.215 --> 00:00:49.349 think the reason we're covering 00:00:49.349 --> 00:00:49.382 think the reason we're covering goes 00:00:49.382 --> 00:00:49.482 think the reason we're covering goes to 00:00:49.482 --> 00:00:50.250 think the reason we're covering goes to sort 00:00:50.250 --> 00:00:50.316 think the reason we're covering goes to sort of 00:00:50.316 --> 00:00:50.383 think the reason we're covering goes to sort of the 00:00:50.383 --> 00:00:50.450 think the reason we're covering goes to sort of the meat 00:00:50.450 --> 00:00:51.351 think the reason we're covering goes to sort of the meat of 00:00:51.351 --> 00:00:51.384 think the reason we're covering goes to sort of the meat of the 00:00:51.384 --> 00:00:51.551 goes to sort of the meat of the 00:00:51.551 --> 00:00:51.651 goes to sort of the meat of the story, 00:00:51.651 --> 00:00:51.684 goes to sort of the meat of the story, which 00:00:51.684 --> 00:00:52.519 goes to sort of the meat of the story, which is 00:00:52.519 --> 00:00:52.585 goes to sort of the meat of the story, which is or 00:00:52.585 --> 00:00:52.652 goes to sort of the meat of the story, which is or the 00:00:52.652 --> 00:00:52.719 goes to sort of the meat of the story, which is or the meat 00:00:52.719 --> 00:00:52.752 goes to sort of the meat of the story, which is or the meat of 00:00:52.752 --> 00:00:53.153 story, which is or the meat of 00:00:53.153 --> 00:00:53.319 story, which is or the meat of what's 00:00:53.319 --> 00:00:53.353 story, which is or the meat of what's happening 00:00:53.353 --> 00:00:53.420 story, which is or the meat of what's happening in 00:00:53.420 --> 00:00:54.254 story, which is or the meat of what's happening in the 00:00:54.254 --> 00:00:54.287 story, which is or the meat of what's happening in the market, 00:00:54.287 --> 00:00:54.421 what's happening in the market, 00:00:54.421 --> 00:00:54.487 what's happening in the market, which 00:00:54.487 --> 00:00:54.587 what's happening in the market, which is 00:00:54.587 --> 00:00:55.922 what's happening in the market, which is this, 00:00:55.922 --> 00:00:55.989 what's happening in the market, which is this, this 00:00:55.989 --> 00:00:56.122 what's happening in the market, which is this, this arms 00:00:56.122 --> 00:00:56.156 what's happening in the market, which is this, this arms race, 00:00:56.156 --> 00:00:56.256 which is this, this arms race, 00:00:56.256 --> 00:00:56.790 which is this, this arms race, as 00:00:56.790 --> 00:00:56.890 which is this, this arms race, as you 00:00:56.890 --> 00:00:56.990 which is this, this arms race, as you noted, 00:00:56.990 --> 00:00:57.057 which is this, this arms race, as you noted, Dan, 00:00:57.057 --> 00:00:57.824 which is this, this arms race, as you noted, Dan, for 00:00:57.824 --> 00:00:57.857 which is this, this arms race, as you noted, Dan, for AI 00:00:57.857 --> 00:00:58.024 as you noted, Dan, for AI 00:00:58.024 --> 00:00:58.124 as you noted, Dan, for AI talent, 00:00:58.124 --> 00:00:58.191 as you noted, Dan, for AI talent, these 00:00:58.191 --> 00:00:58.291 as you noted, Dan, for AI talent, these are 00:00:58.291 --> 00:00:58.491 as you noted, Dan, for AI talent, these are big 00:00:58.491 --> 00:00:58.525 as you noted, Dan, for AI talent, these are big companies, 00:00:58.525 --> 00:00:59.325 talent, these are big companies, 00:00:59.325 --> 00:00:59.392 talent, these are big companies, though, 00:00:59.392 --> 00:00:59.526 talent, these are big companies, though, high 00:00:59.526 --> 00:01:00.360 talent, these are big companies, though, high powered 00:01:00.360 --> 00:01:00.393 talent, these are big companies, though, high powered attorneys. 00:01:00.393 --> 00:01:00.527 though, high powered attorneys. 00:01:00.527 --> 00:01:00.560 though, high powered attorneys. This 00:01:00.560 --> 00:01:00.627 though, high powered attorneys. This is 00:01:00.627 --> 00:01:01.494 though, high powered attorneys. This is not 00:01:01.494 --> 00:01:01.594 though, high powered attorneys. This is not some 00:01:01.594 --> 00:01:01.661 though, high powered attorneys. This is not some small 00:01:01.661 --> 00:01:01.694 though, high powered attorneys. This is not some small cap 00:01:01.694 --> 00:01:02.162 This is not some small cap 00:01:02.162 --> 00:01:02.295 This is not some small cap swing, 00:01:02.295 --> 00:01:02.395 This is not some small cap swing, another 00:01:02.395 --> 00:01:02.462 This is not some small cap swing, another small 00:01:02.462 --> 00:01:03.596 This is not some small cap swing, another small cap. 00:01:03.596 --> 00:01:03.630 This is not some small cap swing, another small cap. This 00:01:03.630 --> 00:01:03.730 swing, another small cap. This 00:01:03.730 --> 00:01:03.830 swing, another small cap. This is 00:01:03.830 --> 00:01:03.863 swing, another small cap. This is going 00:01:03.863 --> 00:01:04.364 swing, another small cap. This is going to 00:01:04.364 --> 00:01:04.431 swing, another small cap. This is going to be 00:01:04.431 --> 00:01:04.564 swing, another small cap. This is going to be the 00:01:04.564 --> 00:01:04.631 swing, another small cap. This is going to be the biggest 00:01:04.631 --> 00:01:04.664 swing, another small cap. This is going to be the biggest law 00:01:04.664 --> 00:01:05.398 is going to be the biggest law 00:01:05.398 --> 00:01:05.432 is going to be the biggest law firms 00:01:05.432 --> 00:01:05.498 is going to be the biggest law firms in 00:01:05.498 --> 00:01:05.632 is going to be the biggest law firms in the 00:01:05.632 --> 00:01:06.166 is going to be the biggest law firms in the world. 00:01:06.166 --> 00:01:06.266 is going to be the biggest law firms in the world. You 00:01:06.266 --> 00:01:06.299 is going to be the biggest law firms in the world. You don't 00:01:06.299 --> 00:01:06.433 firms in the world. You don't 00:01:06.433 --> 00:01:06.533 firms in the world. You don't sound 00:01:06.533 --> 00:01:07.200 firms in the world. You don't sound that 00:01:07.200 --> 00:01:07.300 firms in the world. You don't sound that worried 00:01:07.300 --> 00:01:07.367 firms in the world. You don't sound that worried about 00:01:07.367 --> 00:01:07.400 firms in the world. You don't sound that worried about it. 00:01:07.400 --> 00:01:08.268 sound that worried about it. 00:01:08.268 --> 00:01:08.368 sound that worried about it. >> 00:01:08.368 --> 00:01:08.435 sound that worried about it. >> Look, 00:01:08.435 --> 00:01:08.501 sound that worried about it. >> Look, I'm 00:01:08.501 --> 00:01:09.402 sound that worried about it. >> Look, I'm not 00:01:09.402 --> 00:01:09.469 sound that worried about it. >> Look, I'm not worried, 00:01:09.469 --> 00:01:09.536 sound that worried about it. >> Look, I'm not worried, but 00:01:09.536 --> 00:01:09.569 sound that worried about it. >> Look, I'm not worried, but I 00:01:09.569 --> 00:01:10.403 >> Look, I'm not worried, but I 00:01:10.403 --> 00:01:10.437 >> Look, I'm not worried, but I think 00:01:10.437 --> 00:01:10.570 >> Look, I'm not worried, but I think it 00:01:10.570 --> 00:01:10.637 >> Look, I'm not worried, but I think it speaks 00:01:10.637 --> 00:01:11.805 >> Look, I'm not worried, but I think it speaks like 00:01:11.805 --> 00:01:11.871 >> Look, I'm not worried, but I think it speaks like this 00:01:11.871 --> 00:01:11.905 >> Look, I'm not worried, but I think it speaks like this is 00:01:11.905 --> 00:01:12.038 think it speaks like this is 00:01:12.038 --> 00:01:12.105 think it speaks like this is going 00:01:12.105 --> 00:01:12.305 think it speaks like this is going to 00:01:12.305 --> 00:01:12.405 think it speaks like this is going to get 00:01:12.405 --> 00:01:12.539 think it speaks like this is going to get nasty 00:01:12.539 --> 00:01:12.605 think it speaks like this is going to get nasty because 00:01:12.605 --> 00:01:12.639 think it speaks like this is going to get nasty because you 00:01:12.639 --> 00:01:13.306 going to get nasty because you 00:01:13.306 --> 00:01:13.339 going to get nasty because you look 00:01:13.339 --> 00:01:13.406 going to get nasty because you look at 00:01:13.406 --> 00:01:13.540 going to get nasty because you look at the 00:01:13.540 --> 00:01:14.474 going to get nasty because you look at the success 00:01:14.474 --> 00:01:14.507 going to get nasty because you look at the success Altman, 00:01:14.507 --> 00:01:14.674 look at the success Altman, 00:01:14.674 --> 00:01:15.909 look at the success Altman, OpenAI 00:01:15.909 --> 00:01:15.975 look at the success Altman, OpenAI have 00:01:15.975 --> 00:01:16.042 look at the success Altman, OpenAI have had, 00:01:16.042 --> 00:01:16.142 look at the success Altman, OpenAI have had, you 00:01:16.142 --> 00:01:16.242 look at the success Altman, OpenAI have had, you look 00:01:16.242 --> 00:01:16.276 look at the success Altman, OpenAI have had, you look at 00:01:16.276 --> 00:01:16.509 OpenAI have had, you look at 00:01:16.509 --> 00:01:16.609 OpenAI have had, you look at everything 00:01:16.609 --> 00:01:17.310 OpenAI have had, you look at everything that's 00:01:17.310 --> 00:01:17.377 OpenAI have had, you look at everything that's happened, 00:01:17.377 --> 00:01:17.410 OpenAI have had, you look at everything that's happened, of 00:01:17.410 --> 00:01:18.311 everything that's happened, of 00:01:18.311 --> 00:01:18.478 everything that's happened, of course. 00:01:18.478 --> 00:01:18.511 everything that's happened, of course. Godfather 00:01:18.511 --> 00:01:19.412 everything that's happened, of course. Godfather of 00:01:19.412 --> 00:01:19.546 everything that's happened, of course. Godfather of AI, 00:01:19.546 --> 00:01:19.579 everything that's happened, of course. Godfather of AI, Jensen, 00:01:19.579 --> 00:01:20.146 course. Godfather of AI, Jensen, 00:01:20.146 --> 00:01:20.246 course. Godfather of AI, Jensen, Nvidia, 00:01:20.246 --> 00:01:20.380 course. Godfather of AI, Jensen, Nvidia, you're 00:01:20.380 --> 00:01:21.314 course. Godfather of AI, Jensen, Nvidia, you're seeing 00:01:21.314 --> 00:01:21.381 course. Godfather of AI, Jensen, Nvidia, you're seeing kind 00:01:21.381 --> 00:01:21.414 course. Godfather of AI, Jensen, Nvidia, you're seeing kind of 00:01:21.414 --> 00:01:21.548 Nvidia, you're seeing kind of 00:01:21.548 --> 00:01:21.614 Nvidia, you're seeing kind of have 00:01:21.614 --> 00:01:22.348 Nvidia, you're seeing kind of have and 00:01:22.348 --> 00:01:22.449 Nvidia, you're seeing kind of have and have 00:01:22.449 --> 00:01:22.515 Nvidia, you're seeing kind of have and have nots. 00:01:22.515 --> 00:01:22.582 Nvidia, you're seeing kind of have and have nots. And 00:01:22.582 --> 00:01:23.349 Nvidia, you're seeing kind of have and have nots. And when 00:01:23.349 --> 00:01:23.383 Nvidia, you're seeing kind of have and have nots. And when it 00:01:23.383 --> 00:01:23.516 have and have nots. And when it 00:01:23.516 --> 00:01:23.583 have and have nots. And when it comes 00:01:23.583 --> 00:01:24.150 have and have nots. And when it comes to 00:01:24.150 --> 00:01:24.250 have and have nots. And when it comes to AI, 00:01:24.250 --> 00:01:24.284 have and have nots. And when it comes to AI, Apple 00:01:24.284 --> 00:01:25.218 have and have nots. And when it comes to AI, Apple is 00:01:25.218 --> 00:01:25.318 have and have nots. And when it comes to AI, Apple is a 00:01:25.318 --> 00:01:25.351 have and have nots. And when it comes to AI, Apple is a have 00:01:25.351 --> 00:01:25.485 comes to AI, Apple is a have 00:01:25.485 --> 00:01:26.286 comes to AI, Apple is a have not. 00:01:26.286 --> 00:01:26.386 comes to AI, Apple is a have not. But 00:01:26.386 --> 00:01:26.453 comes to AI, Apple is a have not. But given 00:01:26.453 --> 00:01:26.519 comes to AI, Apple is a have not. But given the 00:01:26.519 --> 00:01:27.353 comes to AI, Apple is a have not. But given the App 00:01:27.353 --> 00:01:27.387 comes to AI, Apple is a have not. But given the App Store 00:01:27.387 --> 00:01:27.554 not. But given the App Store 00:01:27.554 --> 00:01:27.654 not. But given the App Store they're 00:01:27.654 --> 00:01:27.720 not. But given the App Store they're front 00:01:27.720 --> 00:01:28.421 not. But given the App Store they're front and 00:01:28.421 --> 00:01:28.488 not. But given the App Store they're front and center. 00:01:28.488 --> 00:01:28.555 not. But given the App Store they're front and center. And 00:01:28.555 --> 00:01:28.588 not. But given the App Store they're front and center. And I 00:01:28.588 --> 00:01:28.721 they're front and center. And I 00:01:28.721 --> 00:01:29.122 they're front and center. And I think 00:01:29.122 --> 00:01:29.189 they're front and center. And I think that's 00:01:29.189 --> 00:01:29.222 they're front and center. And I think that's why 00:01:29.222 --> 00:01:29.289 they're front and center. And I think that's why we 00:01:29.289 --> 00:01:30.256 they're front and center. And I think that's why we got 00:01:30.256 --> 00:01:30.323 they're front and center. And I think that's why we got to 00:01:30.323 --> 00:01:30.356 they're front and center. And I think that's why we got to see 00:01:30.356 --> 00:01:30.457 think that's why we got to see 00:01:30.457 --> 00:01:30.557 think that's why we got to see how 00:01:30.557 --> 00:01:31.758 think that's why we got to see how this 00:01:31.758 --> 00:01:31.858 think that's why we got to see how this all 00:01:31.858 --> 00:01:31.925 think that's why we got to see how this all plays 00:01:31.925 --> 00:01:31.991 think that's why we got to see how this all plays out. 00:01:31.991 --> 00:01:32.492 think that's why we got to see how this all plays out. But 00:01:32.492 --> 00:01:32.525 think that's why we got to see how this all plays out. But I'm 00:01:32.525 --> 00:01:32.625 how this all plays out. But I'm 00:01:32.625 --> 00:01:32.792 how this all plays out. But I'm not 00:01:32.792 --> 00:01:33.159 how this all plays out. But I'm not worried. 00:01:33.159 --> 00:01:33.193 how this all plays out. But I'm not worried. But 00:01:33.193 --> 00:01:33.293 how this all plays out. But I'm not worried. But it 00:01:33.293 --> 00:01:34.194 how this all plays out. But I'm not worried. But it does 00:01:34.194 --> 00:01:34.227 how this all plays out. But I'm not worried. But it does speak 00:01:34.227 --> 00:01:34.327 not worried. But it does speak 00:01:34.327 --> 00:01:34.394 not worried. But it does speak to 00:01:34.394 --> 00:01:34.461 not worried. But it does speak to this 00:01:34.461 --> 00:01:35.261 not worried. But it does speak to this is 00:01:35.261 --> 00:01:35.295 not worried. But it does speak to this is going 00:01:35.295 --> 00:01:35.361 not worried. But it does speak to this is going to 00:01:35.361 --> 00:01:35.395 not worried. But it does speak to this is going to get 00:01:35.395 --> 00:01:36.729 not worried. But it does speak to this is going to get a 00:01:36.729 --> 00:01:36.763 not worried. But it does speak to this is going to get a lot 00:01:36.763 --> 00:01:36.963 to this is going to get a lot 00:01:36.963 --> 00:01:36.996 to this is going to get a lot nastier. 00:01:36.996 --> 00:01:37.397 to this is going to get a lot nastier. Is 00:01:37.397 --> 00:01:37.497 to this is going to get a lot nastier. Is this. 00:01:37.497 --> 00:01:37.664 to this is going to get a lot nastier. Is this. We're 00:01:37.664 --> 00:01:37.697 to this is going to get a lot nastier. Is this. We're talking 00:01:37.697 --> 00:01:37.897 nastier. Is this. We're talking 00:01:37.897 --> 00:01:38.131 nastier. Is this. We're talking trillions 00:01:38.131 --> 00:01:38.264 nastier. Is this. We're talking trillions of 00:01:38.264 --> 00:01:38.298 nastier. Is this. We're talking trillions of dollars 00:01:38.298 --> 00:01:38.398 nastier. Is this. We're talking trillions of dollars on 00:01:38.398 --> 00:01:38.431 nastier. Is this. We're talking trillions of dollars on the 00:01:38.431 --> 00:01:40.300 trillions of dollars on the 00:01:40.300 --> 00:01:40.333 trillions of dollars on the table. 00:01:40.333 --> 00:01:40.433 table. 00:01:40.433 --> 00:01:40.533 table. >> 00:01:40.533 --> 00:01:40.567 table. >> Yeah. 00:01:40.567 --> 00:01:41.367 table. >> Yeah. By 00:01:41.367 --> 00:01:41.434 table. >> Yeah. By the 00:01:41.434 --> 00:01:41.468 table. >> Yeah. By the way 00:01:41.468 --> 00:01:41.568 table. >> Yeah. By the way we 00:01:41.568 --> 00:01:42.402 table. >> Yeah. By the way we just 00:01:42.402 --> 00:01:42.435 table. >> Yeah. By the way we just got 00:01:42.435 --> 00:01:42.502 >> Yeah. By the way we just got 00:01:42.502 --> 00:01:42.669 >> Yeah. By the way we just got a 00:01:42.669 --> 00:01:42.769 >> Yeah. By the way we just got a statement 00:01:42.769 --> 00:01:43.536 >> Yeah. By the way we just got a statement from 00:01:43.536 --> 00:01:43.636 >> Yeah. By the way we just got a statement from OpenAI. 00:01:43.636 --> 00:01:43.670 >> Yeah. By the way we just got a statement from OpenAI. It's 00:01:43.670 --> 00:01:43.803 a statement from OpenAI. It's 00:01:43.803 --> 00:01:44.604 a statement from OpenAI. It's very 00:01:44.604 --> 00:01:44.704 a statement from OpenAI. It's very short. 00:01:44.704 --> 00:01:44.804 a statement from OpenAI. It's very short. This 00:01:44.804 --> 00:01:45.605 a statement from OpenAI. It's very short. This latest 00:01:45.605 --> 00:01:45.638 a statement from OpenAI. It's very short. This latest filing 00:01:45.638 --> 00:01:46.406 very short. This latest filing 00:01:46.406 --> 00:01:46.573 very short. This latest filing is 00:01:46.573 --> 00:01:46.673 very short. This latest filing is consistent 00:01:46.673 --> 00:01:47.841 very short. This latest filing is consistent with 00:01:47.841 --> 00:01:47.974 very short. This latest filing is consistent with Mr. 00:01:47.974 --> 00:01:48.007 very short. This latest filing is consistent with Mr. Musk's 00:01:48.007 --> 00:01:48.608 is consistent with Mr. Musk's 00:01:48.608 --> 00:01:49.309 is consistent with Mr. Musk's ongoing 00:01:49.309 --> 00:01:50.410 is consistent with Mr. Musk's ongoing pattern 00:01:50.410 --> 00:01:51.144 is consistent with Mr. Musk's ongoing pattern of 00:01:51.144 --> 00:01:51.177 is consistent with Mr. Musk's ongoing pattern of harassment 00:01:51.177 --> 00:01:51.311 ongoing pattern of harassment 00:01:51.311 --> 00:01:52.145 ongoing pattern of harassment that 00:01:52.145 --> 00:01:52.245 ongoing pattern of harassment that Dan, 00:01:52.245 --> 00:01:52.345 ongoing pattern of harassment that Dan, coming 00:01:52.345 --> 00:01:53.379 ongoing pattern of harassment that Dan, coming from 00:01:53.379 --> 00:01:53.413 ongoing pattern of harassment that Dan, coming from OpenAI, 00:01:53.413 --> 00:01:53.513 that Dan, coming from OpenAI, 00:01:53.513 --> 00:01:53.546 that Dan, coming from OpenAI, we 00:01:53.546 --> 00:01:53.613 that Dan, coming from OpenAI, we do 00:01:53.613 --> 00:01:54.647 that Dan, coming from OpenAI, we do not 00:01:54.647 --> 00:01:54.681 that Dan, coming from OpenAI, we do not have 00:01:54.681 --> 00:01:54.848 that Dan, coming from OpenAI, we do not have a 00:01:54.848 --> 00:01:55.548 that Dan, coming from OpenAI, we do not have a statement 00:01:55.548 --> 00:01:55.582 that Dan, coming from OpenAI, we do not have a statement yet 00:01:55.582 --> 00:01:55.715 we do not have a statement yet 00:01:55.715 --> 00:01:56.549 we do not have a statement yet from 00:01:56.549 --> 00:01:57.217 we do not have a statement yet from Apple. 00:01:57.217 --> 00:01:58.918 we do not have a statement yet from Apple. This 00:01:58.918 --> 00:01:59.419 we do not have a statement yet from Apple. This fight 00:01:59.419 --> 00:01:59.452 we do not have a statement yet from Apple. This fight between 00:01:59.452 --> 00:01:59.619 from Apple. This fight between 00:01:59.619 --> 00:02:00.487 from Apple. This fight between OpenAI 00:02:00.487 --> 00:02:00.553 from Apple. This fight between OpenAI boss 00:02:00.553 --> 00:02:01.221 from Apple. This fight between OpenAI boss Sam 00:02:01.221 --> 00:02:02.222 from Apple. This fight between OpenAI boss Sam Altman 00:02:02.222 --> 00:02:02.322 from Apple. This fight between OpenAI boss Sam Altman and 00:02:02.322 --> 00:02:02.355 from Apple. This fight between OpenAI boss Sam Altman and Elon 00:02:02.355 --> 00:02:02.489 OpenAI boss Sam Altman and Elon 00:02:02.489 --> 00:02:04.023 OpenAI boss Sam Altman and Elon Musk. 00:02:04.023 --> 00:02:04.124 OpenAI boss Sam Altman and Elon Musk. I 00:02:04.124 --> 00:02:04.190 OpenAI boss Sam Altman and Elon Musk. I mean, 00:02:04.190 --> 00:02:04.524 OpenAI boss Sam Altman and Elon Musk. I mean, it's 00:02:04.524 --> 00:02:04.557 OpenAI boss Sam Altman and Elon Musk. I mean, it's ugly. 00:02:04.557 --> 00:02:04.657 Musk. I mean, it's ugly. 00:02:04.657 --> 00:02:04.724 Musk. I mean, it's ugly. >> 00:02:04.724 --> 00:02:05.892 Musk. I mean, it's ugly. >> It's 00:02:05.892 --> 00:02:05.925 Musk. I mean, it's ugly. >> It's going 00:02:05.925 --> 00:02:05.992 Musk. I mean, it's ugly. >> It's going to 00:02:05.992 --> 00:02:06.326 Musk. I mean, it's ugly. >> It's going to get 00:02:06.326 --> 00:02:06.359 Musk. I mean, it's ugly. >> It's going to get uglier 00:02:06.359 --> 00:02:06.526 >> It's going to get uglier 00:02:06.526 --> 00:02:07.393 >> It's going to get uglier because 00:02:07.393 --> 00:02:07.460 >> It's going to get uglier because to 00:02:07.460 --> 00:02:07.594 >> It's going to get uglier because to some 00:02:07.594 --> 00:02:09.028 >> It's going to get uglier because to some extent, 00:02:09.028 --> 00:02:09.095 >> It's going to get uglier because to some extent, all 00:02:09.095 --> 00:02:09.129 >> It's going to get uglier because to some extent, all men 00:02:09.129 --> 00:02:09.462 because to some extent, all men 00:02:09.462 --> 00:02:09.596 because to some extent, all men OpenAI, 00:02:09.596 --> 00:02:10.563 because to some extent, all men OpenAI, they're 00:02:10.563 --> 00:02:10.697 because to some extent, all men OpenAI, they're look, 00:02:10.697 --> 00:02:10.730 because to some extent, all men OpenAI, they're look, they're 00:02:10.730 --> 00:02:10.830 OpenAI, they're look, they're 00:02:10.830 --> 00:02:10.964 OpenAI, they're look, they're the 00:02:10.964 --> 00:02:11.297 OpenAI, they're look, they're the golden 00:02:11.297 --> 00:02:11.364 OpenAI, they're look, they're the golden child. 00:02:11.364 --> 00:02:11.531 OpenAI, they're look, they're the golden child. And 00:02:11.531 --> 00:02:11.564 OpenAI, they're look, they're the golden child. And they're 00:02:11.564 --> 00:02:12.398 the golden child. And they're 00:02:12.398 --> 00:02:12.499 the golden child. And they're clearly 00:02:12.499 --> 00:02:12.565 the golden child. And they're clearly ahead 00:02:12.565 --> 00:02:12.632 the golden child. And they're clearly ahead when 00:02:12.632 --> 00:02:13.233 the golden child. And they're clearly ahead when it 00:02:13.233 --> 00:02:13.299 the golden child. And they're clearly ahead when it comes 00:02:13.299 --> 00:02:13.333 the golden child. And they're clearly ahead when it comes to 00:02:13.333 --> 00:02:13.433 clearly ahead when it comes to 00:02:13.433 --> 00:02:13.500 clearly ahead when it comes to AI 00:02:13.500 --> 00:02:14.167 clearly ahead when it comes to AI arms 00:02:14.167 --> 00:02:14.267 clearly ahead when it comes to AI arms race. 00:02:14.267 --> 00:02:15.368 clearly ahead when it comes to AI arms race. Musk 00:02:15.368 --> 00:02:15.401 clearly ahead when it comes to AI arms race. Musk obviously 00:02:15.401 --> 00:02:15.535 AI arms race. Musk obviously 00:02:15.535 --> 00:02:16.302 AI arms race. Musk obviously with 00:02:16.302 --> 00:02:16.336 AI arms race. Musk obviously with AI, 00:02:16.336 --> 00:02:16.469 AI arms race. Musk obviously with AI, I 00:02:16.469 --> 00:02:16.503 AI arms race. Musk obviously with AI, I believe 00:02:16.503 --> 00:02:17.403 AI arms race. Musk obviously with AI, I believe is 00:02:17.403 --> 00:02:17.470 AI arms race. Musk obviously with AI, I believe is going 00:02:17.470 --> 00:02:17.504 AI arms race. Musk obviously with AI, I believe is going to 00:02:17.504 --> 00:02:17.604 with AI, I believe is going to 00:02:17.604 --> 00:02:17.670 with AI, I believe is going to be 00:02:17.670 --> 00:02:18.238 with AI, I believe is going to be one 00:02:18.238 --> 00:02:18.304 with AI, I believe is going to be one of 00:02:18.304 --> 00:02:18.438 with AI, I believe is going to be one of the 00:02:18.438 --> 00:02:18.505 with AI, I believe is going to be one of the biggest 00:02:18.505 --> 00:02:18.538 with AI, I believe is going to be one of the biggest AI 00:02:18.538 --> 00:02:19.305 be one of the biggest AI 00:02:19.305 --> 00:02:19.372 be one of the biggest AI players 00:02:19.372 --> 00:02:20.306 be one of the biggest AI players out 00:02:20.306 --> 00:02:20.373 be one of the biggest AI players out there. 00:02:20.373 --> 00:02:20.440 be one of the biggest AI players out there. But 00:02:20.440 --> 00:02:21.708 be one of the biggest AI players out there. But you 00:02:21.708 --> 00:02:21.741 be one of the biggest AI players out there. But you know, 00:02:21.741 --> 00:02:21.875 players out there. But you know, 00:02:21.875 --> 00:02:21.941 players out there. But you know, they 00:02:21.941 --> 00:02:22.075 players out there. But you know, they need 00:02:22.075 --> 00:02:22.475 players out there. But you know, they need they're 00:02:22.475 --> 00:02:22.542 players out there. But you know, they need they're looking 00:02:22.542 --> 00:02:22.575 players out there. But you know, they need they're looking to 00:02:22.575 --> 00:02:22.809 they need they're looking to 00:02:22.809 --> 00:02:23.109 they need they're looking to competitive 00:02:23.109 --> 00:02:23.176 they need they're looking to competitive environment. 00:02:23.176 --> 00:02:23.243 they need they're looking to competitive environment. And 00:02:23.243 --> 00:02:23.276 they need they're looking to competitive environment. And I 00:02:23.276 --> 00:02:24.110 competitive environment. And I 00:02:24.110 --> 00:02:25.378 competitive environment. And I think 00:02:25.378 --> 00:02:25.578 competitive environment. And I think they're 00:02:25.578 --> 00:02:25.612 competitive environment. And I think they're recognizing 00:02:25.612 --> 00:02:25.778 think they're recognizing 00:02:25.778 --> 00:02:25.879 think they're recognizing they're 00:02:25.879 --> 00:02:27.046 think they're recognizing they're going 00:02:27.046 --> 00:02:27.113 think they're recognizing they're going to 00:02:27.113 --> 00:02:27.213 think they're recognizing they're going to use 00:02:27.213 --> 00:02:27.313 think they're recognizing they're going to use every 00:02:27.313 --> 00:02:27.347 think they're recognizing they're going to use every tool 00:02:27.347 --> 00:02:28.548 they're going to use every tool 00:02:28.548 --> 00:02:29.215 they're going to use every tool technology 00:02:29.215 --> 00:02:29.282 they're going to use every tool technology legal. 00:02:29.282 --> 00:02:30.383 they're going to use every tool technology legal. And 00:02:30.383 --> 00:02:30.483 they're going to use every tool technology legal. And you 00:02:30.483 --> 00:02:30.517 they're going to use every tool technology legal. And you know, 00:02:30.517 --> 00:02:30.617 technology legal. And you know, 00:02:30.617 --> 00:02:31.384 technology legal. And you know, as 00:02:31.384 --> 00:02:31.417 technology legal. And you know, as well 00:02:31.417 --> 00:02:31.518 technology legal. And you know, as well as 00:02:31.518 --> 00:02:32.118 technology legal. And you know, as well as from 00:02:32.118 --> 00:02:32.352 technology legal. And you know, as well as from a 00:02:32.352 --> 00:02:32.385 technology legal. And you know, as well as from a communication 00:02:32.385 --> 00:02:33.219 as well as from a communication 00:02:33.219 --> 00:02:33.353 as well as from a communication perspective 00:02:33.353 --> 00:02:33.386 as well as from a communication perspective because 00:02:33.386 --> 00:02:34.587 as well as from a communication perspective because it 00:02:34.587 --> 00:02:34.621 as well as from a communication perspective because it comes 00:02:34.621 --> 00:02:34.754 perspective because it comes 00:02:34.754 --> 00:02:35.822 perspective because it comes down 00:02:35.822 --> 00:02:35.989 perspective because it comes down to 00:02:35.989 --> 00:02:36.523 perspective because it comes down to developers 00:02:36.523 --> 00:02:36.589 perspective because it comes down to developers are 00:02:36.589 --> 00:02:36.623 perspective because it comes down to developers are the 00:02:36.623 --> 00:02:37.257 down to developers are the 00:02:37.257 --> 00:02:37.290 down to developers are the lifeline. 00:02:37.290 --> 00:02:37.390 lifeline. 00:02:37.390 --> 00:02:37.457 lifeline. >> 00:02:37.457 --> 00:02:38.391 lifeline. >> All 00:02:38.391 --> 00:02:38.491 lifeline. >> All right. 00:02:38.491 --> 00:02:38.591 lifeline. >> All right. Let's 00:02:38.591 --> 00:02:39.425 lifeline. >> All right. Let's talk 00:02:39.425 --> 00:02:39.459 lifeline. >> All right. Let's talk about 00:02:39.459 --> 00:02:39.659 >> All right. Let's talk about 00:02:39.659 --> 00:02:39.726 >> All right. Let's talk about actually 00:02:39.726 --> 00:02:39.759 >> All right. Let's talk about actually why 00:02:39.759 --> 00:02:40.760 >> All right. Let's talk about actually why we 00:02:40.760 --> 00:02:40.827 >> All right. Let's talk about actually why we invited 00:02:40.827 --> 00:02:40.894 >> All right. Let's talk about actually why we invited you 00:02:40.894 --> 00:02:40.927 >> All right. Let's talk about actually why we invited you on 00:02:40.927 --> 00:02:41.127 actually why we invited you on 00:02:41.127 --> 00:02:41.194 actually why we invited you on this 00:02:41.194 --> 00:02:41.294 actually why we invited you on this show 00:02:41.294 --> 00:02:41.394 actually why we invited you on this show today 00:02:41.394 --> 00:02:42.295 actually why we invited you on this show today Dan. 00:02:42.295 --> 00:02:42.362 actually why we invited you on this show today Dan. But 00:02:42.362 --> 00:02:42.395 actually why we invited you on this show today Dan. But we 00:02:42.395 --> 00:02:42.529 this show today Dan. But we 00:02:42.529 --> 00:02:42.595 this show today Dan. But we know 00:02:42.595 --> 00:02:43.663 this show today Dan. But we know you 00:02:43.663 --> 00:02:43.730 this show today Dan. But we know you can 00:02:43.730 --> 00:02:43.830 this show today Dan. But we know you can roll 00:02:43.830 --> 00:02:43.997 this show today Dan. But we know you can roll with 00:02:43.997 --> 00:02:44.030 this show today Dan. But we know you can roll with anything. 00:02:44.030 --> 00:02:44.764 know you can roll with anything. 00:02:44.764 --> 00:02:44.864 know you can roll with anything. So 00:02:44.864 --> 00:02:44.931 know you can roll with anything. So thank 00:02:44.931 --> 00:02:45.165 know you can roll with anything. So thank you 00:02:45.165 --> 00:02:45.331 know you can roll with anything. So thank you Nvidia 00:02:45.331 --> 00:02:45.365 know you can roll with anything. So thank you Nvidia earnings 00:02:45.365 --> 00:02:46.299 So thank you Nvidia earnings 00:02:46.299 --> 00:02:46.366 So thank you Nvidia earnings okay. 00:02:46.366 --> 00:02:46.499 So thank you Nvidia earnings okay. The 00:02:46.499 --> 00:02:46.566 So thank you Nvidia earnings okay. The earnings 00:02:46.566 --> 00:02:47.400 So thank you Nvidia earnings okay. The earnings are 00:02:47.400 --> 00:02:47.467 So thank you Nvidia earnings okay. The earnings are going 00:02:47.467 --> 00:02:47.500 So thank you Nvidia earnings okay. The earnings are going to 00:02:47.500 --> 00:02:47.600 okay. The earnings are going to 00:02:47.600 --> 00:02:48.768 okay. The earnings are going to be 00:02:48.768 --> 00:02:48.835 okay. The earnings are going to be big. 00:02:48.835 --> 00:02:49.002 okay. The earnings are going to be big. The 00:02:49.002 --> 00:02:49.536 okay. The earnings are going to be big. The guidance 00:02:49.536 --> 00:02:49.636 okay. The earnings are going to be big. The guidance I 00:02:49.636 --> 00:02:49.702 okay. The earnings are going to be big. The guidance I think 00:02:49.702 --> 00:02:49.736 okay. The earnings are going to be big. The guidance I think is 00:02:49.736 --> 00:02:49.869 be big. The guidance I think is 00:02:49.869 --> 00:02:50.236 be big. The guidance I think is going 00:02:50.236 --> 00:02:50.270 be big. The guidance I think is going to 00:02:50.270 --> 00:02:50.403 be big. The guidance I think is going to be 00:02:50.403 --> 00:02:51.304 be big. The guidance I think is going to be bigger 00:02:51.304 --> 00:02:51.371 be big. The guidance I think is going to be bigger than 00:02:51.371 --> 00:02:51.404 be big. The guidance I think is going to be bigger than the 00:02:51.404 --> 00:02:51.604 going to be bigger than the 00:02:51.604 --> 00:02:51.704 going to be bigger than the earnings. 00:02:51.704 --> 00:02:52.338 going to be bigger than the earnings. What 00:02:52.338 --> 00:02:52.405 going to be bigger than the earnings. What they 00:02:52.405 --> 00:02:52.505 going to be bigger than the earnings. What they say 00:02:52.505 --> 00:02:52.539 going to be bigger than the earnings. What they say about 00:02:52.539 --> 00:02:52.705 earnings. What they say about 00:02:52.705 --> 00:02:53.706 earnings. What they say about China. 00:02:53.706 --> 00:02:53.773 earnings. What they say about China. But 00:02:53.773 --> 00:02:53.840 earnings. What they say about China. But what 00:02:53.840 --> 00:02:54.240 earnings. What they say about China. But what is 00:02:54.240 --> 00:02:54.274 earnings. What they say about China. But what is what 00:02:54.274 --> 00:02:54.374 earnings. What they say about China. But what is what is 00:02:54.374 --> 00:02:54.407 earnings. What they say about China. But what is what is Dan 00:02:54.407 --> 00:02:55.341 China. But what is what is Dan 00:02:55.341 --> 00:02:55.475 China. But what is what is Dan Ives 00:02:55.475 --> 00:02:55.508 China. But what is what is Dan Ives focused 00:02:55.508 --> 00:02:56.676 China. But what is what is Dan Ives focused on 00:02:56.676 --> 00:02:56.809 China. But what is what is Dan Ives focused on from 00:02:56.809 --> 00:02:56.843 China. But what is what is Dan Ives focused on from Nvidia 00:02:56.843 --> 00:02:57.777 Ives focused on from Nvidia 00:02:57.777 --> 00:02:57.810 Ives focused on from Nvidia Wednesday. 00:02:57.810 --> 00:02:57.911 Wednesday. 00:02:57.911 --> 00:02:57.977 Wednesday. >> 00:02:57.977 --> 00:02:58.111 Wednesday. >> I'm 00:02:58.111 --> 00:02:58.511 Wednesday. >> I'm focused 00:02:58.511 --> 00:02:58.611 Wednesday. >> I'm focused on 00:02:58.611 --> 00:02:58.745 Wednesday. >> I'm focused on demand 00:02:58.745 --> 00:02:58.778 Wednesday. >> I'm focused on demand supply 00:02:58.778 --> 00:02:58.912 >> I'm focused on demand supply 00:02:58.912 --> 00:02:59.512 >> I'm focused on demand supply right 00:02:59.512 --> 00:03:00.380 >> I'm focused on demand supply right now 00:03:00.380 --> 00:03:00.413 >> I'm focused on demand supply right now being 00:03:00.413 --> 00:03:00.480 >> I'm focused on demand supply right now being 10 00:03:00.480 --> 00:03:01.381 >> I'm focused on demand supply right now being 10 to 00:03:01.381 --> 00:03:01.447 >> I'm focused on demand supply right now being 10 to 1. 00:03:01.447 --> 00:03:01.481 >> I'm focused on demand supply right now being 10 to 1. And 00:03:01.481 --> 00:03:01.648 right now being 10 to 1. And 00:03:01.648 --> 00:03:01.748 right now being 10 to 1. And there's 00:03:01.748 --> 00:03:02.415 right now being 10 to 1. And there's only 00:03:02.415 --> 00:03:02.482 right now being 10 to 1. And there's only one 00:03:02.482 --> 00:03:02.549 right now being 10 to 1. And there's only one chip 00:03:02.549 --> 00:03:02.615 right now being 10 to 1. And there's only one chip in 00:03:02.615 --> 00:03:02.649 right now being 10 to 1. And there's only one chip in the 00:03:02.649 --> 00:03:03.783 there's only one chip in the 00:03:03.783 --> 00:03:03.917 there's only one chip in the world 00:03:03.917 --> 00:03:03.983 there's only one chip in the world fueling 00:03:03.983 --> 00:03:04.017 there's only one chip in the world fueling the 00:03:04.017 --> 00:03:04.250 there's only one chip in the world fueling the AI 00:03:04.250 --> 00:03:04.284 there's only one chip in the world fueling the AI revolution 00:03:04.284 --> 00:03:04.450 world fueling the AI revolution 00:03:04.450 --> 00:03:04.617 world fueling the AI revolution that's 00:03:04.617 --> 00:03:04.651 world fueling the AI revolution that's godfather 00:03:04.651 --> 00:03:05.385 world fueling the AI revolution that's godfather of 00:03:05.385 --> 00:03:05.552 world fueling the AI revolution that's godfather of AI, 00:03:05.552 --> 00:03:05.585 world fueling the AI revolution that's godfather of AI, Jensen, 00:03:05.585 --> 00:03:06.452 that's godfather of AI, Jensen, 00:03:06.452 --> 00:03:06.519 that's godfather of AI, Jensen, Nvidia. 00:03:06.519 --> 00:03:06.553 that's godfather of AI, Jensen, Nvidia. And 00:03:06.553 --> 00:03:06.653 that's godfather of AI, Jensen, Nvidia. And I 00:03:06.653 --> 00:03:07.120 that's godfather of AI, Jensen, Nvidia. And I think 00:03:07.120 --> 00:03:07.153 that's godfather of AI, Jensen, Nvidia. And I think what 00:03:07.153 --> 00:03:07.253 that's godfather of AI, Jensen, Nvidia. And I think what I 00:03:07.253 --> 00:03:07.287 that's godfather of AI, Jensen, Nvidia. And I think what I want 00:03:07.287 --> 00:03:08.321 Nvidia. And I think what I want 00:03:08.321 --> 00:03:08.388 Nvidia. And I think what I want to 00:03:08.388 --> 00:03:08.488 Nvidia. And I think what I want to hear 00:03:08.488 --> 00:03:09.389 Nvidia. And I think what I want to hear this 00:03:09.389 --> 00:03:09.455 Nvidia. And I think what I want to hear this week 00:03:09.455 --> 00:03:09.589 Nvidia. And I think what I want to hear this week from 00:03:09.589 --> 00:03:09.622 Nvidia. And I think what I want to hear this week from Jensen 00:03:09.622 --> 00:03:10.456 to hear this week from Jensen 00:03:10.456 --> 00:03:10.557 to hear this week from Jensen is 00:03:10.557 --> 00:03:10.657 to hear this week from Jensen is about 00:03:10.657 --> 00:03:11.457 to hear this week from Jensen is about China 00:03:11.457 --> 00:03:11.591 to hear this week from Jensen is about China demand, 00:03:11.591 --> 00:03:11.624 to hear this week from Jensen is about China demand, maybe 00:03:11.624 --> 00:03:11.758 is about China demand, maybe 00:03:11.758 --> 00:03:12.325 is about China demand, maybe even 00:03:12.325 --> 00:03:12.492 is about China demand, maybe even some 00:03:12.492 --> 00:03:12.559 is about China demand, maybe even some forecasts 00:03:12.559 --> 00:03:12.659 is about China demand, maybe even some forecasts what 00:03:12.659 --> 00:03:12.692 is about China demand, maybe even some forecasts what they 00:03:12.692 --> 00:03:13.293 even some forecasts what they 00:03:13.293 --> 00:03:13.359 even some forecasts what they think, 00:03:13.359 --> 00:03:13.459 even some forecasts what they think, but 00:03:13.459 --> 00:03:14.360 even some forecasts what they think, but that 00:03:14.360 --> 00:03:14.460 even some forecasts what they think, but that now 00:03:14.460 --> 00:03:14.561 even some forecasts what they think, but that now green 00:03:14.561 --> 00:03:14.594 even some forecasts what they think, but that now green light 00:03:14.594 --> 00:03:14.694 think, but that now green light 00:03:14.694 --> 00:03:15.428 think, but that now green light in 00:03:15.428 --> 00:03:15.461 think, but that now green light in terms 00:03:15.461 --> 00:03:15.528 think, but that now green light in terms of 00:03:15.528 --> 00:03:15.595 think, but that now green light in terms of the 00:03:15.595 --> 00:03:16.496 think, but that now green light in terms of the pay 00:03:16.496 --> 00:03:16.563 think, but that now green light in terms of the pay for 00:03:16.563 --> 00:03:16.629 think, but that now green light in terms of the pay for play 00:03:16.629 --> 00:03:16.663 think, but that now green light in terms of the pay for play in 00:03:16.663 --> 00:03:16.763 in terms of the pay for play in 00:03:16.763 --> 00:03:17.230 in terms of the pay for play in the 00:03:17.230 --> 00:03:17.330 in terms of the pay for play in the white 00:03:17.330 --> 00:03:17.397 in terms of the pay for play in the white House. 00:03:17.397 --> 00:03:17.463 in terms of the pay for play in the white House. But 00:03:17.463 --> 00:03:18.631 in terms of the pay for play in the white House. But but 00:03:18.631 --> 00:03:18.665 in terms of the pay for play in the white House. But but really 00:03:18.665 --> 00:03:18.932 the white House. But but really 00:03:18.932 --> 00:03:18.998 the white House. But but really importantly, 00:03:18.998 --> 00:03:19.065 the white House. But but really importantly, when 00:03:19.065 --> 00:03:19.432 the white House. But but really importantly, when you 00:03:19.432 --> 00:03:19.499 the white House. But but really importantly, when you look 00:03:19.499 --> 00:03:19.532 the white House. But but really importantly, when you look at 00:03:19.532 --> 00:03:19.732 importantly, when you look at 00:03:19.732 --> 00:03:19.799 importantly, when you look at Blackwell 00:03:19.799 --> 00:03:20.400 importantly, when you look at Blackwell and 00:03:20.400 --> 00:03:20.466 importantly, when you look at Blackwell and you 00:03:20.466 --> 00:03:20.533 importantly, when you look at Blackwell and you look 00:03:20.533 --> 00:03:20.633 importantly, when you look at Blackwell and you look at, 00:03:20.633 --> 00:03:20.667 importantly, when you look at Blackwell and you look at, you 00:03:20.667 --> 00:03:21.167 Blackwell and you look at, you 00:03:21.167 --> 00:03:21.234 Blackwell and you look at, you know, 00:03:21.234 --> 00:03:21.301 Blackwell and you look at, you know, as 00:03:21.301 --> 00:03:22.235 Blackwell and you look at, you know, as this 00:03:22.235 --> 00:03:22.368 Blackwell and you look at, you know, as this now 00:03:22.368 --> 00:03:22.402 Blackwell and you look at, you know, as this now expands 00:03:22.402 --> 00:03:23.303 know, as this now expands 00:03:23.303 --> 00:03:23.369 know, as this now expands around 00:03:23.369 --> 00:03:23.469 know, as this now expands around the 00:03:23.469 --> 00:03:24.337 know, as this now expands around the globe 00:03:24.337 --> 00:03:24.470 know, as this now expands around the globe with 00:03:24.470 --> 00:03:24.504 know, as this now expands around the globe with Middle 00:03:24.504 --> 00:03:24.637 around the globe with Middle 00:03:24.637 --> 00:03:25.171 around the globe with Middle East, 00:03:25.171 --> 00:03:25.238 around the globe with Middle East, it's 00:03:25.238 --> 00:03:25.371 around the globe with Middle East, it's it's 00:03:25.371 --> 00:03:25.505 around the globe with Middle East, it's it's really 00:03:25.505 --> 00:03:25.538 around the globe with Middle East, it's it's really trying 00:03:25.538 --> 00:03:26.239 East, it's it's really trying 00:03:26.239 --> 00:03:26.306 East, it's it's really trying to 00:03:26.306 --> 00:03:26.372 East, it's it's really trying to get 00:03:26.372 --> 00:03:27.207 East, it's it's really trying to get some 00:03:27.207 --> 00:03:27.340 East, it's it's really trying to get some ballpark 00:03:27.340 --> 00:03:27.373 East, it's it's really trying to get some ballpark around 00:03:27.373 --> 00:03:27.507 to get some ballpark around 00:03:27.507 --> 00:03:27.574 to get some ballpark around just 00:03:27.574 --> 00:03:28.341 to get some ballpark around just how 00:03:28.341 --> 00:03:28.408 to get some ballpark around just how big 00:03:28.408 --> 00:03:28.641 to get some ballpark around just how big this 00:03:28.641 --> 00:03:28.675 to get some ballpark around just how big this opportunity. 00:03:28.675 --> 00:03:29.409 just how big this opportunity. 00:03:29.409 --> 00:03:29.509 just how big this opportunity. I 00:03:29.509 --> 00:03:29.642 just how big this opportunity. I think 00:03:29.642 --> 00:03:30.143 just how big this opportunity. I think Street's 00:03:30.143 --> 00:03:30.176 just how big this opportunity. I think Street's still 00:03:30.176 --> 00:03:30.476 I think Street's still 00:03:30.476 --> 00:03:30.610 I think Street's still underestimating 00:03:30.610 --> 00:03:31.844 I think Street's still underestimating numbers 00:03:31.844 --> 00:03:31.878 I think Street's still underestimating numbers by 00:03:31.878 --> 00:03:32.078 underestimating numbers by 00:03:32.078 --> 00:03:32.378 underestimating numbers by anywhere 00:03:32.378 --> 00:03:32.412 underestimating numbers by anywhere from 00:03:32.412 --> 00:03:32.478 underestimating numbers by anywhere from 20 00:03:32.478 --> 00:03:33.746 underestimating numbers by anywhere from 20 to 00:03:33.746 --> 00:03:33.846 underestimating numbers by anywhere from 20 to 30% 00:03:33.846 --> 00:03:33.880 underestimating numbers by anywhere from 20 to 30% next 00:03:33.880 --> 00:03:34.147 anywhere from 20 to 30% next 00:03:34.147 --> 00:03:34.180 anywhere from 20 to 30% next year. 00:03:34.180 --> 00:03:34.280 year. 00:03:34.280 --> 00:03:35.281 year. >> 00:03:35.281 --> 00:03:35.348 year. >> Wow. 00:03:35.348 --> 00:03:35.381 year. >> Wow. And 00:03:35.381 --> 00:03:35.448 year. >> Wow. And I 00:03:35.448 --> 00:03:36.282 year. >> Wow. And I know 00:03:36.282 --> 00:03:36.416 year. >> Wow. And I know the 00:03:36.416 --> 00:03:36.449 year. >> Wow. And I know the sales, 00:03:36.449 --> 00:03:36.549 >> Wow. And I know the sales, 00:03:36.549 --> 00:03:37.717 >> Wow. And I know the sales, the 00:03:37.717 --> 00:03:37.817 >> Wow. And I know the sales, the official 00:03:37.817 --> 00:03:37.850 >> Wow. And I know the sales, the official sales 00:03:37.850 --> 00:03:38.151 >> Wow. And I know the sales, the official sales to 00:03:38.151 --> 00:03:38.184 >> Wow. And I know the sales, the official sales to China, 00:03:38.184 --> 00:03:38.284 the official sales to China, 00:03:38.284 --> 00:03:38.451 the official sales to China, the 00:03:38.451 --> 00:03:39.185 the official sales to China, the official 00:03:39.185 --> 00:03:39.252 the official sales to China, the official sales. 00:03:39.252 --> 00:03:39.419 the official sales to China, the official sales. I'm 00:03:39.419 --> 00:03:39.452 the official sales to China, the official sales. I'm winking. 00:03:39.452 --> 00:03:39.519 the official sales. I'm winking. 00:03:39.519 --> 00:03:40.620 the official sales. I'm winking. I 00:03:40.620 --> 00:03:40.720 the official sales. I'm winking. I don't 00:03:40.720 --> 00:03:40.787 the official sales. I'm winking. I don't think 00:03:40.787 --> 00:03:40.853 the official sales. I'm winking. I don't think you 00:03:40.853 --> 00:03:41.254 the official sales. I'm winking. I don't think you can 00:03:41.254 --> 00:03:41.354 the official sales. I'm winking. I don't think you can see 00:03:41.354 --> 00:03:41.387 the official sales. I'm winking. I don't think you can see that, 00:03:41.387 --> 00:03:41.521 I don't think you can see that, 00:03:41.521 --> 00:03:42.388 I don't think you can see that, Dan. 00:03:42.388 --> 00:03:42.522 I don't think you can see that, Dan. There's 00:03:42.522 --> 00:03:42.622 I don't think you can see that, Dan. There's there's 00:03:42.622 --> 00:03:42.689 I don't think you can see that, Dan. There's there's zero. 00:03:42.689 --> 00:03:42.722 I don't think you can see that, Dan. There's there's zero. But 00:03:42.722 --> 00:03:44.123 Dan. There's there's zero. But 00:03:44.123 --> 00:03:44.157 Dan. There's there's zero. But if 00:03:44.157 --> 00:03:44.224 Dan. There's there's zero. But if we 00:03:44.224 --> 00:03:44.324 Dan. There's there's zero. But if we get 00:03:44.324 --> 00:03:44.390 Dan. There's there's zero. But if we get some 00:03:44.390 --> 00:03:45.258 Dan. There's there's zero. But if we get some real 00:03:45.258 --> 00:03:45.291 Dan. There's there's zero. But if we get some real nice 00:03:45.291 --> 00:03:45.491 if we get some real nice 00:03:45.491 --> 00:03:46.726 if we get some real nice language 00:03:46.726 --> 00:03:46.826 if we get some real nice language from 00:03:46.826 --> 00:03:46.893 if we get some real nice language from Jensen 00:03:46.893 --> 00:03:47.460 if we get some real nice language from Jensen or 00:03:47.460 --> 00:03:47.493 if we get some real nice language from Jensen or his 00:03:47.493 --> 00:03:47.627 language from Jensen or his 00:03:47.627 --> 00:03:48.161 language from Jensen or his team 00:03:48.161 --> 00:03:48.261 language from Jensen or his team about 00:03:48.261 --> 00:03:48.294 language from Jensen or his team about China, 00:03:48.294 --> 00:03:49.629 language from Jensen or his team about China, I 00:03:49.629 --> 00:03:49.662 language from Jensen or his team about China, I would 00:03:49.662 --> 00:03:49.829 team about China, I would 00:03:49.829 --> 00:03:49.963 team about China, I would imagine 00:03:49.963 --> 00:03:50.363 team about China, I would imagine that's 00:03:50.363 --> 00:03:50.496 team about China, I would imagine that's that's 00:03:50.496 --> 00:03:50.530 team about China, I would imagine that's that's that's 00:03:50.530 --> 00:03:50.730 imagine that's that's that's 00:03:50.730 --> 00:03:51.397 imagine that's that's that's something 00:03:51.397 --> 00:03:51.497 imagine that's that's that's something that 00:03:51.497 --> 00:03:51.564 imagine that's that's that's something that could 00:03:51.564 --> 00:03:52.498 imagine that's that's that's something that could make 00:03:52.498 --> 00:03:52.532 imagine that's that's that's something that could make the 00:03:52.532 --> 00:03:52.665 something that could make the 00:03:52.665 --> 00:03:52.732 something that could make the stock 00:03:52.732 --> 00:03:52.832 something that could make the stock rip 00:03:52.832 --> 00:03:53.233 something that could make the stock rip even 00:03:53.233 --> 00:03:53.399 something that could make the stock rip even higher, 00:03:53.399 --> 00:03:53.433 something that could make the stock rip even higher, because 00:03:53.433 --> 00:03:53.533 stock rip even higher, because 00:03:53.533 --> 00:03:54.300 stock rip even higher, because the 00:03:54.300 --> 00:03:54.400 stock rip even higher, because the market 00:03:54.400 --> 00:03:54.434 stock rip even higher, because the market wants 00:03:54.434 --> 00:03:55.501 stock rip even higher, because the market wants to 00:03:55.501 --> 00:03:55.602 stock rip even higher, because the market wants to hear 00:03:55.602 --> 00:03:55.635 stock rip even higher, because the market wants to hear that, 00:03:55.635 --> 00:03:55.768 the market wants to hear that, 00:03:55.768 --> 00:03:56.436 the market wants to hear that, that 00:03:56.436 --> 00:03:56.502 the market wants to hear that, that the 00:03:56.502 --> 00:03:56.603 the market wants to hear that, that the two 00:03:56.603 --> 00:03:57.437 the market wants to hear that, that the two sides, 00:03:57.437 --> 00:03:58.238 the market wants to hear that, that the two sides, US 00:03:58.238 --> 00:03:58.271 the market wants to hear that, that the two sides, US and 00:03:58.271 --> 00:03:58.404 that the two sides, US and 00:03:58.404 --> 00:03:58.504 that the two sides, US and China 00:03:58.504 --> 00:03:58.605 that the two sides, US and China with 00:03:58.605 --> 00:03:59.339 that the two sides, US and China with Nvidia 00:03:59.339 --> 00:03:59.405 that the two sides, US and China with Nvidia in 00:03:59.405 --> 00:03:59.539 that the two sides, US and China with Nvidia in the 00:03:59.539 --> 00:03:59.572 that the two sides, US and China with Nvidia in the middle, 00:03:59.572 --> 00:03:59.672 China with Nvidia in the middle, 00:03:59.672 --> 00:04:00.340 China with Nvidia in the middle, are 00:04:00.340 --> 00:04:00.373 China with Nvidia in the middle, are going 00:04:00.373 --> 00:04:00.440 China with Nvidia in the middle, are going to 00:04:00.440 --> 00:04:00.506 China with Nvidia in the middle, are going to hug 00:04:00.506 --> 00:04:01.140 China with Nvidia in the middle, are going to hug it 00:04:01.140 --> 00:04:01.207 China with Nvidia in the middle, are going to hug it out, 00:04:01.207 --> 00:04:01.241 China with Nvidia in the middle, are going to hug it out, I 00:04:01.241 --> 00:04:01.407 are going to hug it out, I 00:04:01.407 --> 00:04:01.441 are going to hug it out, I think. 00:04:01.441 --> 00:04:02.342 think. 00:04:02.342 --> 00:04:02.442 think. >> 00:04:02.442 --> 00:04:02.508 think. >> Yeah. 00:04:02.508 --> 00:04:03.376 think. >> Yeah. And 00:04:03.376 --> 00:04:03.409 think. >> Yeah. And Jensen 00:04:03.409 --> 00:04:03.509 think. >> Yeah. And Jensen I 00:04:03.509 --> 00:04:03.543 think. >> Yeah. And Jensen I mean 00:04:03.543 --> 00:04:04.344 >> Yeah. And Jensen I mean 00:04:04.344 --> 00:04:04.444 >> Yeah. And Jensen I mean right. 00:04:04.444 --> 00:04:04.544 >> Yeah. And Jensen I mean right. He's 00:04:04.544 --> 00:04:05.478 >> Yeah. And Jensen I mean right. He's first 00:04:05.478 --> 00:04:05.511 >> Yeah. And Jensen I mean right. He's first for 00:04:05.511 --> 00:04:05.612 >> Yeah. And Jensen I mean right. He's first for a 00:04:05.612 --> 00:04:05.645 >> Yeah. And Jensen I mean right. He's first for a seat 00:04:05.645 --> 00:04:06.613 right. He's first for a seat 00:04:06.613 --> 00:04:06.713 right. He's first for a seat because 00:04:06.713 --> 00:04:07.280 right. He's first for a seat because Trump 00:04:07.280 --> 00:04:07.347 right. He's first for a seat because Trump knows 00:04:07.347 --> 00:04:07.447 right. He's first for a seat because Trump knows that 00:04:07.447 --> 00:04:07.480 right. He's first for a seat because Trump knows that the 00:04:07.480 --> 00:04:08.414 because Trump knows that the 00:04:08.414 --> 00:04:08.481 because Trump knows that the biggest 00:04:08.481 --> 00:04:08.548 because Trump knows that the biggest chip 00:04:08.548 --> 00:04:08.615 because Trump knows that the biggest chip on 00:04:08.615 --> 00:04:09.515 because Trump knows that the biggest chip on the 00:04:09.515 --> 00:04:09.616 because Trump knows that the biggest chip on the poker 00:04:09.616 --> 00:04:09.649 because Trump knows that the biggest chip on the poker table 00:04:09.649 --> 00:04:09.749 biggest chip on the poker table 00:04:09.749 --> 00:04:10.149 biggest chip on the poker table is 00:04:10.149 --> 00:04:10.216 biggest chip on the poker table is Jensen 00:04:10.216 --> 00:04:10.350 biggest chip on the poker table is Jensen and 00:04:10.350 --> 00:04:11.317 biggest chip on the poker table is Jensen and Nvidia. 00:04:11.317 --> 00:04:11.351 biggest chip on the poker table is Jensen and Nvidia. Because 00:04:11.351 --> 00:04:11.517 is Jensen and Nvidia. Because 00:04:11.517 --> 00:04:11.584 is Jensen and Nvidia. Because that's 00:04:11.584 --> 00:04:11.651 is Jensen and Nvidia. Because that's the 00:04:11.651 --> 00:04:12.318 is Jensen and Nvidia. Because that's the chip 00:04:12.318 --> 00:04:12.485 is Jensen and Nvidia. Because that's the chip that 00:04:12.485 --> 00:04:12.518 is Jensen and Nvidia. Because that's the chip that everyone 00:04:12.518 --> 00:04:12.685 that's the chip that everyone 00:04:12.685 --> 00:04:12.785 that's the chip that everyone wants. 00:04:12.785 --> 00:04:13.386 that's the chip that everyone wants. That's 00:04:13.386 --> 00:04:13.453 that's the chip that everyone wants. That's new 00:04:13.453 --> 00:04:13.519 that's the chip that everyone wants. That's new oil 00:04:13.519 --> 00:04:13.620 that's the chip that everyone wants. That's new oil and 00:04:13.620 --> 00:04:13.653 that's the chip that everyone wants. That's new oil and gold. 00:04:13.653 --> 00:04:14.487 wants. That's new oil and gold. 00:04:14.487 --> 00:04:14.587 wants. That's new oil and gold. I 00:04:14.587 --> 00:04:14.687 wants. That's new oil and gold. I think 00:04:14.687 --> 00:04:14.787 wants. That's new oil and gold. I think you're 00:04:14.787 --> 00:04:15.521 wants. That's new oil and gold. I think you're going 00:04:15.521 --> 00:04:15.588 wants. That's new oil and gold. I think you're going to 00:04:15.588 --> 00:04:15.622 wants. That's new oil and gold. I think you're going to get 00:04:15.622 --> 00:04:15.822 I think you're going to get 00:04:15.822 --> 00:04:15.955 I think you're going to get positive 00:04:15.955 --> 00:04:16.322 I think you're going to get positive comments 00:04:16.322 --> 00:04:16.456 I think you're going to get positive comments about 00:04:16.456 --> 00:04:16.489 I think you're going to get positive comments about China. 00:04:16.489 --> 00:04:16.589 positive comments about China. 00:04:16.589 --> 00:04:16.723 positive comments about China. You 00:04:16.723 --> 00:04:17.690 positive comments about China. You combine 00:04:17.690 --> 00:04:17.790 positive comments about China. You combine it. 00:04:17.790 --> 00:04:17.824 positive comments about China. You combine it. What 00:04:17.824 --> 00:04:17.924 positive comments about China. You combine it. What we 00:04:17.924 --> 00:04:17.957 positive comments about China. You combine it. What we saw 00:04:17.957 --> 00:04:18.424 You combine it. What we saw 00:04:18.424 --> 00:04:18.491 You combine it. What we saw from 00:04:18.491 --> 00:04:19.626 You combine it. What we saw from the 00:04:19.626 --> 00:04:19.759 You combine it. What we saw from the hyperscalers, 00:04:19.759 --> 00:04:19.792 You combine it. What we saw from the hyperscalers, massive 00:04:19.792 --> 00:04:19.892 from the hyperscalers, massive 00:04:19.892 --> 00:04:20.193 from the hyperscalers, massive AI, 00:04:20.193 --> 00:04:20.260 from the hyperscalers, massive AI, Palantir 00:04:20.260 --> 00:04:20.393 from the hyperscalers, massive AI, Palantir and 00:04:20.393 --> 00:04:21.327 from the hyperscalers, massive AI, Palantir and overall 00:04:21.327 --> 00:04:21.361 from the hyperscalers, massive AI, Palantir and overall tech 00:04:21.361 --> 00:04:21.561 AI, Palantir and overall tech 00:04:21.561 --> 00:04:21.694 AI, Palantir and overall tech earnings 00:04:21.694 --> 00:04:22.362 AI, Palantir and overall tech earnings season. 00:04:22.362 --> 00:04:22.462 AI, Palantir and overall tech earnings season. I 00:04:22.462 --> 00:04:22.562 AI, Palantir and overall tech earnings season. I think 00:04:22.562 --> 00:04:22.595 AI, Palantir and overall tech earnings season. I think this 00:04:22.595 --> 00:04:22.729 earnings season. I think this 00:04:22.729 --> 00:04:23.529 earnings season. I think this shows 00:04:23.529 --> 00:04:23.596 earnings season. I think this shows that 00:04:23.596 --> 00:04:23.696 earnings season. I think this shows that this 00:04:23.696 --> 00:04:24.197 earnings season. I think this shows that this this 00:04:24.197 --> 00:04:24.230 earnings season. I think this shows that this this AI 00:04:24.230 --> 00:04:24.464 shows that this this AI 00:04:24.464 --> 00:04:24.497 shows that this this AI revolution 00:04:24.497 --> 00:04:24.597 shows that this this AI revolution is 00:04:24.597 --> 00:04:25.265 shows that this this AI revolution is just 00:04:25.265 --> 00:04:25.331 shows that this this AI revolution is just in 00:04:25.331 --> 00:04:25.431 shows that this this AI revolution is just in its 00:04:25.431 --> 00:04:25.465 shows that this this AI revolution is just in its next 00:04:25.465 --> 00:04:25.598 revolution is just in its next 00:04:25.598 --> 00:04:26.332 revolution is just in its next stage 00:04:26.332 --> 00:04:26.466 revolution is just in its next stage of 00:04:26.466 --> 00:04:26.532 revolution is just in its next stage of growth. 00:04:26.532 --> 00:04:27.834 revolution is just in its next stage of growth. Tech 00:04:27.834 --> 00:04:27.867 revolution is just in its next stage of growth. Tech stocks 00:04:27.867 --> 00:04:28.001 stage of growth. Tech stocks 00:04:28.001 --> 00:04:28.034 stage of growth. Tech stocks have 00:04:28.034 --> 00:04:28.101 stage of growth. Tech stocks have a 00:04:28.101 --> 00:04:28.234 stage of growth. Tech stocks have a huge 00:04:28.234 --> 00:04:28.301 stage of growth. Tech stocks have a huge rally 00:04:28.301 --> 00:04:28.401 stage of growth. Tech stocks have a huge rally into 00:04:28.401 --> 00:04:29.302 stage of growth. Tech stocks have a huge rally into year 00:04:29.302 --> 00:04:29.335 stage of growth. Tech stocks have a huge rally into year end. 00:04:29.335 --> 00:04:29.469 have a huge rally into year end. 00:04:29.469 --> 00:04:29.502 have a huge rally into year end. This 00:04:29.502 --> 00:04:29.602 have a huge rally into year end. This is 00:04:29.602 --> 00:04:30.236 have a huge rally into year end. This is going 00:04:30.236 --> 00:04:30.270 have a huge rally into year end. This is going to 00:04:30.270 --> 00:04:30.303 have a huge rally into year end. This is going to be 00:04:30.303 --> 00:04:30.470 have a huge rally into year end. This is going to be a 00:04:30.470 --> 00:04:30.503 have a huge rally into year end. This is going to be a seminal 00:04:30.503 --> 00:04:31.404 This is going to be a seminal 00:04:31.404 --> 00:04:31.437 This is going to be a seminal moment. 00:04:31.437 --> 00:04:31.537 moment. 00:04:31.537 --> 00:04:31.604 moment. >> 00:04:31.604 --> 00:04:31.704 moment. >> For 00:04:31.704 --> 00:04:32.138 moment. >> For Nvidia 00:04:32.138 --> 00:04:32.305 moment. >> For Nvidia and 00:04:32.305 --> 00:04:32.338 moment. >> For Nvidia and Microsoft 00:04:32.338 --> 00:04:32.538 >> For Nvidia and Microsoft 00:04:32.538 --> 00:04:33.306 >> For Nvidia and Microsoft combined. 00:04:33.306 --> 00:04:33.373 >> For Nvidia and Microsoft combined. For 00:04:33.373 --> 00:04:33.406 >> For Nvidia and Microsoft combined. For 15% 00:04:33.406 --> 00:04:33.473 >> For Nvidia and Microsoft combined. For 15% of 00:04:33.473 --> 00:04:34.274 >> For Nvidia and Microsoft combined. For 15% of the 00:04:34.274 --> 00:04:34.307 >> For Nvidia and Microsoft combined. For 15% of the market, 00:04:34.307 --> 00:04:34.407 combined. For 15% of the market, 00:04:34.407 --> 00:04:34.440 combined. For 15% of the market, it 00:04:34.440 --> 00:04:34.507 combined. For 15% of the market, it is 00:04:34.507 --> 00:04:35.441 combined. For 15% of the market, it is the 00:04:35.441 --> 00:04:35.675 combined. For 15% of the market, it is the most 00:04:35.675 --> 00:04:35.708 combined. For 15% of the market, it is the most concentrated 00:04:35.708 --> 00:04:35.842 it is the most concentrated 00:04:35.842 --> 00:04:35.942 it is the most concentrated we've 00:04:35.942 --> 00:04:36.409 it is the most concentrated we've ever 00:04:36.409 --> 00:04:36.476 it is the most concentrated we've ever seen. 00:04:36.476 --> 00:04:36.609 it is the most concentrated we've ever seen. Two 00:04:36.609 --> 00:04:36.643 it is the most concentrated we've ever seen. Two stocks 00:04:36.643 --> 00:04:36.776 we've ever seen. Two stocks 00:04:36.776 --> 00:04:37.477 we've ever seen. Two stocks being 00:04:37.477 --> 00:04:37.577 we've ever seen. Two stocks being at 00:04:37.577 --> 00:04:37.677 we've ever seen. Two stocks being at least 00:04:37.677 --> 00:04:37.744 we've ever seen. Two stocks being at least going 00:04:37.744 --> 00:04:38.244 we've ever seen. Two stocks being at least going back 00:04:38.244 --> 00:04:38.278 we've ever seen. Two stocks being at least going back to 00:04:38.278 --> 00:04:38.411 being at least going back to 00:04:38.411 --> 00:04:38.544 being at least going back to 1980. 00:04:38.544 --> 00:04:39.245 being at least going back to 1980. Nvidia 00:04:39.245 --> 00:04:39.279 being at least going back to 1980. Nvidia is 00:04:39.279 --> 00:04:39.379 being at least going back to 1980. Nvidia is in 00:04:39.379 --> 00:04:40.413 being at least going back to 1980. Nvidia is in over 00:04:40.413 --> 00:04:40.446 being at least going back to 1980. Nvidia is in over 500 00:04:40.446 --> 00:04:40.647 1980. Nvidia is in over 500 00:04:40.647 --> 00:04:40.747 1980. Nvidia is in over 500 different 00:04:40.747 --> 00:04:41.848 1980. Nvidia is in over 500 different ETFs, 00:04:41.848 --> 00:04:41.881 1980. Nvidia is in over 500 different ETFs, some 00:04:41.881 --> 00:04:41.981 1980. Nvidia is in over 500 different ETFs, some of 00:04:41.981 --> 00:04:42.048 1980. Nvidia is in over 500 different ETFs, some of them 00:04:42.048 --> 00:04:42.081 1980. Nvidia is in over 500 different ETFs, some of them as 00:04:42.081 --> 00:04:42.215 different ETFs, some of them as 00:04:42.215 --> 00:04:42.348 different ETFs, some of them as the 00:04:42.348 --> 00:04:43.283 different ETFs, some of them as the largest 00:04:43.283 --> 00:04:43.349 different ETFs, some of them as the largest stake. 00:04:43.349 --> 00:04:43.383 different ETFs, some of them as the largest stake. How 00:04:43.383 --> 00:04:43.583 the largest stake. How 00:04:43.583 --> 00:04:44.317 the largest stake. How important 00:04:44.317 --> 00:04:44.384 the largest stake. How important to 00:04:44.384 --> 00:04:45.418 the largest stake. How important to the 00:04:45.418 --> 00:04:45.485 the largest stake. How important to the market, 00:04:45.485 --> 00:04:45.518 the largest stake. How important to the market, the 00:04:45.518 --> 00:04:45.652 important to the market, the 00:04:45.652 --> 00:04:46.152 important to the market, the macro 00:04:46.152 --> 00:04:47.220 important to the market, the macro market, 00:04:47.220 --> 00:04:47.253 important to the market, the macro market, Dan, 00:04:47.253 --> 00:04:48.288 important to the market, the macro market, Dan, is 00:04:48.288 --> 00:04:48.321 important to the market, the macro market, Dan, is Nvidia. 00:04:48.321 --> 00:04:48.421 macro market, Dan, is Nvidia. 00:04:48.421 --> 00:04:48.454 macro market, Dan, is Nvidia. >> 00:04:48.454 --> 00:04:49.322 macro market, Dan, is Nvidia. >> I 00:04:49.322 --> 00:04:49.389 macro market, Dan, is Nvidia. >> I mean 00:04:49.389 --> 00:04:49.455 macro market, Dan, is Nvidia. >> I mean you 00:04:49.455 --> 00:04:50.423 macro market, Dan, is Nvidia. >> I mean you have 00:04:50.423 --> 00:04:50.456 macro market, Dan, is Nvidia. >> I mean you have watch 00:04:50.456 --> 00:04:50.623 >> I mean you have watch 00:04:50.623 --> 00:04:50.690 >> I mean you have watch parties 00:04:50.690 --> 00:04:50.757 >> I mean you have watch parties in 00:04:50.757 --> 00:04:51.557 >> I mean you have watch parties in New 00:04:51.557 --> 00:04:51.658 >> I mean you have watch parties in New York. 00:04:51.658 --> 00:04:51.724 >> I mean you have watch parties in New York. It's 00:04:51.724 --> 00:04:51.758 >> I mean you have watch parties in New York. It's the 00:04:51.758 --> 00:04:51.958 parties in New York. It's the 00:04:51.958 --> 00:04:52.225 parties in New York. It's the watershed 00:04:52.225 --> 00:04:52.325 parties in New York. It's the watershed event. 00:04:52.325 --> 00:04:52.392 parties in New York. It's the watershed event. It's 00:04:52.392 --> 00:04:53.626 parties in New York. It's the watershed event. It's not 00:04:53.626 --> 00:04:53.660 parties in New York. It's the watershed event. It's not just 00:04:53.660 --> 00:04:53.760 watershed event. It's not just 00:04:53.760 --> 00:04:54.827 watershed event. It's not just in 00:04:54.827 --> 00:04:54.894 watershed event. It's not just in tech, 00:04:54.894 --> 00:04:55.161 watershed event. It's not just in tech, it's 00:04:55.161 --> 00:04:55.261 watershed event. It's not just in tech, it's energy. 00:04:55.261 --> 00:04:55.295 watershed event. It's not just in tech, it's energy. It's 00:04:55.295 --> 00:04:56.162 in tech, it's energy. It's 00:04:56.162 --> 00:04:56.229 in tech, it's energy. It's really 00:04:56.229 --> 00:04:56.329 in tech, it's energy. It's really it's 00:04:56.329 --> 00:04:57.263 in tech, it's energy. It's really it's every 00:04:57.263 --> 00:04:57.297 in tech, it's energy. It's really it's every other 00:04:57.297 --> 00:04:57.497 really it's every other 00:04:57.497 --> 00:04:57.597 really it's every other vertical 00:04:57.597 --> 00:04:57.764 really it's every other vertical that's 00:04:57.764 --> 00:04:58.665 really it's every other vertical that's watching 00:04:58.665 --> 00:04:58.731 really it's every other vertical that's watching it. 00:04:58.731 --> 00:04:58.765 really it's every other vertical that's watching it. It 00:04:58.765 --> 00:04:58.865 vertical that's watching it. It 00:04:58.865 --> 00:04:59.399 vertical that's watching it. It is 00:04:59.399 --> 00:04:59.565 vertical that's watching it. It is the 00:04:59.565 --> 00:04:59.632 vertical that's watching it. It is the epicenter. 00:04:59.632 --> 00:05:00.333 vertical that's watching it. It is the epicenter. But 00:05:00.333 --> 00:05:00.466 vertical that's watching it. It is the epicenter. But I 00:05:00.466 --> 00:05:00.500 vertical that's watching it. It is the epicenter. But I expect 00:05:00.500 --> 00:05:01.701 is the epicenter. But I expect 00:05:01.701 --> 00:05:01.768 is the epicenter. But I expect that 00:05:01.768 --> 00:05:01.834 is the epicenter. But I expect that this 00:05:01.834 --> 00:05:01.868 is the epicenter. But I expect that this is 00:05:01.868 --> 00:05:02.402 is the epicenter. But I expect that this is to 00:05:02.402 --> 00:05:02.468 is the epicenter. But I expect that this is to get 00:05:02.468 --> 00:05:02.602 is the epicenter. But I expect that this is to get the 00:05:02.602 --> 00:05:02.635 is the epicenter. But I expect that this is to get the popcorn 00:05:02.635 --> 00:05:02.802 that this is to get the popcorn 00:05:02.802 --> 00:05:03.736 that this is to get the popcorn moment. 00:05:03.736 --> 00:05:03.770 that this is to get the popcorn moment. Now 00:05:03.770 --> 00:05:03.870 that this is to get the popcorn moment. Now I 00:05:03.870 --> 00:05:04.003 that this is to get the popcorn moment. Now I think 00:05:04.003 --> 00:05:04.037 that this is to get the popcorn moment. Now I think there's 00:05:04.037 --> 00:05:04.270 moment. Now I think there's 00:05:04.270 --> 00:05:04.304 moment. Now I think there's going 00:05:04.304 --> 00:05:04.337 moment. Now I think there's going to 00:05:04.337 --> 00:05:04.404 moment. Now I think there's going to a 00:05:04.404 --> 00:05:05.204 moment. Now I think there's going to a $5 00:05:05.204 --> 00:05:05.338 moment. Now I think there's going to a $5 trillion 00:05:05.338 --> 00:05:05.371 moment. Now I think there's going to a $5 trillion market 00:05:05.371 --> 00:05:05.471 going to a $5 trillion market 00:05:05.471 --> 00:05:05.538 going to a $5 trillion market cap 00:05:05.538 --> 00:05:06.239 going to a $5 trillion market cap and 00:05:06.239 --> 00:05:06.306 going to a $5 trillion market cap and higher. 00:05:06.306 --> 00:05:06.372 going to a $5 trillion market cap and higher. And 00:05:06.372 --> 00:05:06.472 going to a $5 trillion market cap and higher. And as 00:05:06.472 --> 00:05:06.506 going to a $5 trillion market cap and higher. And as we've 00:05:06.506 --> 00:05:07.140 cap and higher. And as we've 00:05:07.140 --> 00:05:07.240 cap and higher. And as we've talked 00:05:07.240 --> 00:05:07.340 cap and higher. And as we've talked about, 00:05:07.340 --> 00:05:08.374 cap and higher. And as we've talked about, we're 00:05:08.374 --> 00:05:08.441 cap and higher. And as we've talked about, we're only 00:05:08.441 --> 00:05:08.474 cap and higher. And as we've talked about, we're only in 00:05:08.474 --> 00:05:08.574 talked about, we're only in