01:19:01 路 John Coogan, Jordi Hays
For the economy at large, simpler models may be more cost effective. Productivity augmenting pathway until physical constraints are eased. We hence see growing signs of a bifurcation in frontier versus everyday AI usage. They actually shared some data here around token expenditure index dropping, the log growth rate declining. And so folks are pulling back a little bit and shifting towards cheaper models as they figure out a new workflow. Something gets unlocked, and then they say, hey, we got to actually make this ROI positive. So that's the latest from Citadel. Let's see what Amazon Web Services is saying. They're black belting on the timeline. They said more AI generated code doesn't make your team faster. It might actually slow you down. [01:19:49] S0: Crazy This is such from AWS. [01:19:52] S1: Would have expected it from like some AI thought leader, podcaster, Twitter person. [01:19:57] S0: AI bear. [01:19:58] S1: But, yeah. It's funny coming from the AWS cloud gold check. [01:20:03] S0: It's funny because it's also like, if you were to write this, I think a lot of people would write this as more AI generated code doesn't necessarily make your team faster. No. Per No. More AI generated code doesn't make your team faster, which is just like factually incorrect for like a lot of teams. Yeah. Yeah. Right? That's true. We're actually moving faster than ever. Also, okay. Read the next post in this thread. [01:20:29] S1: It's like
01:20:29 路 John Coogan, Jordi Hays
[01:20:29] S1: It's like [01:20:30] S0: very clearly AI generated. Okay. The real bottleneck was never writing code. It's releasing it, debugging it, and keeping it running well. So when Honeycomb c Honeycomb IO [01:20:42] S1: CTO. [01:20:43] S0: CTO charity majors set a productivity target, she didn't chase 10 x. She chose two x and built from there. [01:20:50] S1: You think this is AI? Because the choose two x comma and ampersand built from there [01:20:55] S0: I think it was human edited but like that that [01:20:58] S1: Syntax Syntax. I agree. I agree. Her team also skipped the mandates and built a set of AI values instead. Every AI output has to have human owner. If you don't want [01:21:07] S0: your name on it, it's probably not good work. [01:21:09] S1: Yeah. That's reasonable. Quality first, quantity second. So they had a podcast about it. Coming from AWS, that's a wild statement. This is this is very funny. But, yes. Also funny with the backdrop of of a $500,000,000 budget. [01:21:27] S0: Well, yeah. And it's funny because Amazon is of course one of the largest investors in both OpenAI and Anthropic to Yeah. Leading coding model provider.
01:21:27 路 Jordi Hays, John Coogan
[01:21:27] S0: Well, yeah. And it's funny because Amazon is of course one of the largest investors in both OpenAI and Anthropic to Yeah. Leading coding model provider. [01:21:39] S1: Hey, they didn't say more AI generated posts don't make your social media team faster. Entirely possible it sped them up. They certainly got 14,000 likes on this. This is a banger post from a corporate account. Rare to see those numbers put up on the timeline from a corporate account. Congrats to the team over there putting up some fun numbers. Sridharam Krishnan, the don't know how to differentiate them. He's a kerniejackson.com investor adviser to bending spoons, not the former a 16 z a 16 z GP who worked for the government for a little bit. Sridhar Ramaswamy not many Silicon Valley vCs took our Bending Spoons intro in 2022. These vCs thought it was beneath them to be associated with the company. From 2024 onward, many clamored for an introduction to sell their portfolio companies. Bending Spoons is going public. So Bending Spoons will be a public company, and they own a number of of, you know, historical companies. They own AOL and have done a bunch of other stuff. Eric Souffert broke down the [01:22:46] S0: They literally own America Online.
01:22:46 路 Jordi Hays, John Coogan
[01:22:46] S0: They literally own America Online. [01:22:48] S1: They own America Online. It must be electric. I can't get into my mobile email. Just going skip this Brutal. And move on. But you can Eric Souffert over at mobile dev memo wrote a breakdown of the Souffinator, wrote a breakdown of bending spoons filing to go public. The Italian roll up operator that owns among many other properties AOL, they own Eventbrite and Vimeo. Don't they also own Evernote, or am I getting that mixed up? Someone own Evernote, and the Evernote employee growth chart looks like a fast takeoff. Like, post 2020 COVID, they went from like a thousand employees to like almost 6,000 employees or they tripled or doubled the workforce. And Benning Spoons, you know, known as sort of like the the operational excellent, almost like a private equity firm, private like, they're, you know, they're gonna do cuts. They have done a few cuts, but like the the actual headcount has like had held fairly stable and I think the business has gotten to a much better place. So interesting to see there's a time and a place for being aggressive, expanding when there's a big moment and the market's up, and then there's also a time to consolidate and focus on operational efficiency. [01:24:04] S0: Why be your partner. Why is this guy so obsessed with GTA, John? [01:24:09] S1: Have you ever played GTA? [01:24:10] S0: Any GTA? Maybe like [01:24:13] S1: GTA three, GTA four? [01:24:14] S0: Maybe like for like two minutes. [01:24:16] S1: Two minutes? [01:24:17] S0: And I'd be and I was like, wow, you
01:24:17 路 Jordi Hays, John Coogan, S5
[01:24:17] S0: And I'd be and I was like, wow, you [01:24:19] S1: just Loser. What a loser. Never gamed in his life. [01:24:22] S0: I couldn't get into it. I couldn't get into it. [01:24:26] S1: Yeah. You're a rust guy. You're you're a [01:24:28] S0: Everything like I I just even as a child I was like Wait. Everything that you can do in this game you can just go do real life minus [01:24:36] S1: No. [01:24:37] S5: You can't. [01:24:37] S1: It's all crimes. Wait. [01:24:39] S0: Jordy turned it down. [01:24:40] S1: He turned it down. [01:24:41] S0: There Yeah. Maybe I'm pure of heart. I don't enjoy. Yeah. Like, like crap. [01:24:47] S1: They were gonna let me play for like fifteen hours, ten hours, maybe five hours, but I turned it down. [01:24:51] S0: They were like wanted to pay me to play. [01:24:54] S1: Yeah. Wanted to pay you to play. Strauss said actually. I I would love for you to play. I I was a video game tester. I got paid to play video games. Best job. Play video games all day? [01:25:07] S0: They they got you hooked. Yeah. They they they got you hooked.
01:25:07 路 Jordi Hays, John Coogan, Sridhar Ramaswamy
[01:25:07] S0: They they got you hooked. Yeah. They they they got you hooked. [01:25:10] S1: No. Was hooked. I was elite. So yeah. You go play the games while it's in development. You file bug reports. Quality assurance tester. But your basically your job is to play video games all day. Worked with a guy who was super chill and like he was just like, this is my career. Like I'm is I'm happy with this. Like I'm I'm I'm a video game tester. And then I I checked in with him a couple years later and I was like, hey man, like how's the video game testing business going? And he was like, you know, I actually had a shift in my career. I'm a DVD tester now. It's even easier. So he did, I just sit there and watch the full movie and then tell the tell the people like, yep, like there were no audio bugs. Or there was no there were no drop frames in the whole movie. I sat there I watched the whole movie and it looked fine. Thumbs up. And then every once [01:25:58] S8: in a