AI Creates Billionaires: Will YOU Afford a House? #shorts

AI Creates Billionaires: Will YOU Afford a House? #shorts

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Segment 1 (00:00 - 01:00)

That's our job is to build these billion-dollar agents. If you can do something that is extremely high valuable that could not be done before, you can close millions of revenue your first week. It's never happened before in the history of software. Right. — Before we move on, I do just want to stay on Anthropic and I wanted to discuss they've lined up 5 to6 billion for an employee share sale at a $350 billion valuation. Obviously, there's people queuing up out the door for this. This was following obviously OpenAI doing the same a couple of months ago. Have we ever seen liquidity at this scale when we look at the number of millionaires minted from Open AI soon to be anthropic when we look at the Nvidia millionaires that exist already? Is anyone going to be able to buy a house in the valley? There's a lot of things that seem silly in AI 12 or 18 months ago, but if Nvidia has 20,000 deca millionaires, right? I'm now I'm gonna um do a wag, but based on the math, I'm gonna say we're gonna produce a 100,000 deca millionaires out of these AI leaders. Okay. Um and Rory's better at the math than me, but Nvidia already has 20,000. So, if that's the case, that would be great if every like everyone was at full employment and we were all full of companies with six figure employees making money. The worry is I don't want to spend too much. The worry is that we do see this concentration of wealth. at the same time as everyone else gets leaner. Um, and will Jevans paradox create more employment in tech or not? I believe it will create I don't believe I believe we will need more engineers than ever. Like when we talked with Michael Kenon Brooks, I don't know if it will create more employment.

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