1) Trying again. 
TLDR: Everyone can win. Open-source, frontier labs, infrastructure, applications and most importantly the American people.   I understand all of the jitters about Anthropic losing share, real rates, spreads and second derivatives. Still think the most likely fut…↗

Hmm. Let’s think for a second. Why are the frontier models cutting price? Might it possibly, just possibly, be a result of the fact that they are losing share to open-weight models? Given positive elasticity, their price cuts are clearly good for AI infra demand. Open weight m…↗

Why open-weight models that compress margins at the model layer are net positive for AI infra demand, exhibit 1001. An open-weight token consumes *roughly* the same amount of compute as a frontier token for a similar size model.↗

Wild 24 hours for AI and lots of different proposals have been made. TLDR; the only *tangible* new fact is that OpenAI and Anthropic are going to have embedded 3rd party evaluators from unknown organizations with Dario floating METR as a possibility. Having 3rd party evaluators…↗

Regret the tone of my post on data centers yesterday. What I should have said: There were reasonable concerns about data centers 18ish months ago: water, taxes, jobs, electricity prices, the environment and what they would do to small towns. Well-structured data center projects…↗

Data centers are awesome for America in every way.↗

Super fun to do this again with @patrick_oshag Randomly ran into Patrick in Palo Alto last Tuesday and recorded this on Wednesday when the AI complex was 35-40%ish off its June highs.↗