OpenAI and Microsoft Tension Boils, Amazon’s Job Automation, Zuck’s Spending Spree
Channel: Alex Kantrowitz
Published at: 2025-06-23
YouTube video id: OLTeIieANTM
Source: https://www.youtube.com/watch?v=OLTeIieANTM
Welcome to Big Technology Podcast Friday edition where we break down the news in our traditional coolheaded and nuanced format. We have so much to speak with you about this week because the AI news cycle just rose rolls on with bigger stories each week. We have a fascinating battle between Microsoft and Open AI that's just really heating up and might eventually prevent OpenAI's for-profit conversion. We also have this very interesting memo from Andy Jasse about uh Generative AI and what it might mean for Amazon's workforce and of course Mark Zuckerberg is spending that cash and doesn't seem like he's stopping. So we'll pick up that thread from last week. Joining us as always on Fridays to do this is Ranjan Roy of Margins. Ranjan, good to see you. Good to see you. AI news doesn't sleep. Another another week sure doesn't never a dull moment. And leading this week is this really interesting conversation uh that we've we've had on the show and we will continue to have because it could influence the future of the AI industry and that is what's going to happen with OpenAI and Microsoft. This is from the Wall Street Journal. OpenAI and Microsoft tensions are reaching a boiling point. Tensions between OpenAI and Microsoft over the future of their famed AI partnership are flaring up. OpenAI wants Microsoft's grip on its AI products and computing resources to loosen, and it also wants to secure the tech giant's blessing for its conversion into a for-profit company. Microsoft's approval of the conversion is key to OpenAI's ability to raise more money and go public. But the negotiations have been so difficult in recent weeks that OpenAI's executives have discussed what they view as a nuclear option, accusing Microsoft of anti-competitive behavior during their partnership. That effort could involve seeking federal regulatory review of the terms of the contract for potential violations of antitrust laws as well as a public campaign. Well, what do we call this? the not so gentle singularity. I mean, this escalated in a hurry. I mean, okay, so a few points on this. I think we'll definitely get into the for-profit company conversion, which is incredibly complex. We've talked about for months and months and months. Like, let's not even forget, remember Elon Musk sued over this conversion. They're they're getting hit from many different sides. And the fact that Microsoft is actually kind of acting as a hurdle is definitely a big issue and that can prevent them from 20 billion of that sweet masa softbank money. So that's going to be a huge issue for openai this year. But the the federal regulatory review of anti-competitive behavior, I love this. I mean, they are saying that the deal that they struck is anti-competitive from what I understand. Like, what else could it mean? They're saying the money we took from Microsoft and then that whole arrangement is bad for the industry and us OpenAI as well. But c can you read it another way? It is bananas. I mean, it's one of those things where OpenAI needed a partner like Microsoft to be able to get to the place where it is today because of course the most important ingredient in growing its products up until this point has been compute. And what did Microsoft had had that compute? What was OpenAI? It was a nonprofit. Uh I mean, it's interesting because the ambitions were artificial general intelligence. So, it wasn't like uh OpenAI uh wasn't thinking big, but it's almost like the company surprised itself with how uh successful it's been. It's almost like it wrote in that clause in the contract that both entities wrote in that clause in the contract that OpenAI and Microsoft's deal dissolves once OpenAI hits AGI. not really thinking that that would ever be possible because now it's really coming into a place where they are going to um they're going to have to work through these issues. And uh we right now have OpenAI owing I think 20% of its profits to Microsoft. This is coming from uh the information. OpenAI wants Microsoft to have roughly a 33% stake in the reshaped unit in exchange for foregoing its rights to future profits. Uh, if the companies don't change the 20% cut OpenAI owes to Microsoft, Microsoft could be in line to get 35 billion in payments in 2030 when OpenAI has projected it will generate 174 billion in revenue. Now, OpenAI is on track to generate 10 billion in revenue this year. So, that's one hell of a projection. Uh, it's a good projection. It's a good extrapolation. You got to extrapolate in this. Yeah. Kudos to the person who put together the spreadsheet and kudos to whichever investor believed the PowerPoint. Yeah. Uh but it really does come down to this is like OpenAI again, they made the deal. They needed what Microsoft had. They agreed to like, all right, if we're doing really well, you're going to do really well. I don't see where OpenAI has the wiggle room to back out of this. Well, they certainly have the wiggle room when Whimo comes to New York City and we declare AGI, which we'll get into later, but but no, no, I I I agree that from a pure financial standpoint or a pure contractual standpoint, they don't have a lot of wiggle room. They don't even have leverage. Which is why I think that Hail Mary of the whether it's through the FTC or that anti-competitive review, it feels like a Hail Mary, but it is because I don't think OpenAI has much standing in any other direction. But again, I think going back to, as you said, they're on track to make 10 billion. They're losing tons of money. Microsoft's share is in the profit, not revenue. and there's no sign that they're going to be turning a profit even though they're projecting one by 2029. So I think in a certain way a lot of this is moot anyways other than like from a financial standpoint cuz the money is not going to actually change hands based on any kind of like current trajectory of revenue and profit. So it really is about control and I think like it's telling that they are they're competing incredibly directly like we're seeing it more and more. going after the same use cases, customers, audiences. Let's put a pin in that. And I want to talk a little bit about the control part because that is I think crucial. So this is also a new detail that emerged in the reporting this week that uh OpenAI has uh deal the deal with Microsoft is that Microsoft gets the right to use OpenAI's IP through 2030 which by the way if you do the math is like well beyond a lot of these uh lab leaders predictions for when we get artificial general intelligence. I don't I don't I don't know. I'm I'm not bought in that AGI is going to be here by 2030, but we'll luckily hopefully we'll be doing the show and if it does I'll, you know, eat crow on the air and put together my army of millions of agents to shame me on Twitter or whatever it is. But um but well, I'm going to create anic workflow just to shame Alex for when AGI is declared. Well, it really wouldn't be very different from all the bots on Twitter that came after me for my perplexity acquisition take. But anyway, I digress. But there's another this control is important because it's not just OpenAI's IP. Um, the areas that OpenAI is expanding to uh also will end up competing with Microsoft and also are of interest to Microsoft to control. So, here's another detail from the journal story. OpenAI and Microsoft are at a standoff over the terms of the startup's $3 billion acquisition of the coding startup Windsurf. Microsoft currently has access to all of OpenAI's IP. Uh it offers but it offers its own AI coding product GitHub copilot that competes with OpenAI and OpenAI doesn't want Microsoft to have access to Windsurf's intellectual property. I mean, if we think that coding is going to be one of the big applications of Gen AI in the near term, this is really bad for OpenAI because it effectively the deal that it struck again serves to um put it in service of Microsoft and not expand its own offering. You know what, maybe I am starting to feel this anti-competitive uh posturing a little bit because I guess it's true. They are competing incredibly directly like right now even Microsoft co-pilot across the entire like 365 ecosystem competes very directly with chatbt enterprise like basically this kind of always on assistant and agent it's a direct competitor and I'm sure in like when sales people are going in and there's been more reporting that salespeople at Microsoft have been complaining that they charge $30 per user per month chatpt BT Enterprise, it's competing directly, but they could be discounting it, meaning they're trying to undercut Microsoft's pricing, which is kind of hilarious because they're heavily invested and part owned by Microsoft. But I think overall it does present a good amount of problems in terms of they're trying to do the same things, going after the same customers, probably indirect competition when going through any kind of enterprise sales cycle. So at some point something has to give. And one could argue that Microsoft by giving its compute because of its size as this tech giant is acting in an anti-competitive bullying fashion. So maybe if Lena Khan was still here, she might uh she might agree, but she's not. And let me point again to the fact that OpenAI signed the deal. This is your deal. You signed it. You wouldn't be here without it. Wait, I want I'm trying to think of an example where a company ever took a lot of money and then called that funding or acquisition anti-competitive. I mean, it actually I how could it happen? Like, you know what you call that? It's the the Sam Alman special. Yeah, the Sam Alman special. Give me money and then I'm going to go and say that you're bullying me for giving me that money and investment. But also if you think about it, Microsoft holds OpenAI's financial future in its hands as well because so open AI look it's a capital inensive field shall we say to to put it lightly AI you need money to build servers to grow we have this Stargate thing that OpenAI is trying to build um and your funders are not going to really be into giving you all that money if Microsoft really has control over your future or control over your a good chunk your sizable profits. That's why I think SoftBank uh told OpenAI, you better convert to a for-profit or um or we're we're not going to or we have the right to withdraw our money. And so I just want to ask you this, Ranjan. I mean, what does OpenAI have to stand on here? Again, funded by Microsoft, really built by Microsoft, competing with Microsoft. Um, where where can it tell how what am I crazy that OpenAI uh shouldn't be able to dictate the terms to Microsoft? Like where in Microsoft interest is it to change this deal? No, no. I Okay, I agree. in any normal uh like flow of logic, they would have no right to dictate the terms given. They they took not only took the deal, they probably pushed the deal themselves to work like this because it basically rather than kind of like traditional venture funding where they would have had to be growing even faster, seeing more returns more immediately. It really was this sweetheart deal where it was just kind of a lot of compute, a lot of like futureelooking projections and possible financial returns, but I mean it was a pretty sweet deal for them and to try to say that it was problematic or back out of it now again is ridiculous the Sam Alman special, but it is becoming more I don't want to say existential, but it's becoming more problematic right now the way this is unfolding. Do you think Microsoft may just say to Open AAI, "Sorry, I know this is important to your future, but this is what we agreed upon. So, even if you're worth a little less in the future because of your your inability to spend the money you need to get bigger, uh we're just going to keep it as is. Thanks for playing." Yeah, I think they're going to have to and and again like there's been a lot of chatter around uh in terms of like the success of co-pilot products and whether they're actually working or how happy people are using them versus chat GPT enterprise and open AAI on the product side keeps swimming along. So, at a certain point, maybe Microsoft does start to uh be a little bit anti-competitive and a little bit bullying and they have the deal in the contract to allow them to and OpenAI signed that deal. So, I could definitely see it start to yeah explode. I think this the more I'm thinking about this, this is going to explode in some direction this year. And again, like I don't see how this is anti-competitive. I mean, it's simply a company trying to hold another company to the deal that it signed. And if you think about it, Microsoft has already been more than generous in allowing OpenAI to go and work with other companies for compute. It's allowed it to work with Oracle for Stargate. And there's recently news that it's going to work with Google to build the infrastructure it needs to run. I'm trying I'm trying here to to take the other in the interest of nuanced conversation trying to figure out what could be anti-competitive but I mean I don't think it is in this context in another context where like like Microsoft again Microsoft using its ecosystem to push its own products in a preferential way in any other context you can start to see how that's kind of like classic anti-competitive behavior but not when it's the company that you funded and gave them all the good terms and sweetheart like uh part I don't know like it we will take uh you know projected profits down the road even though you're losing billions of dollars and that's all we're asking in exchange for giving you billions of dollars of compute and and cash like I mean yeah I tried I tried I'm just imagining the meeting between Sam Alton Sam Alman Sadella where Sam goes, Satya, you helped open AI become what it is today. We owe you billions of dollars, but here is a different idea. How about we owe you less billions of dollars? I mean, that is exactly what this is. You know, speaking of anti Go ahead. Go ahead. No, no, no. I mean, if anyone somehow could pull that off, I don't know. Sam Baldman's pulled off a lot over the last few years, so who knows? I I can just imagine Sadia Nadella just like hating this guy right now. Yeah. But also, let's not forget there is a political element of this that could kind of start to filter in if this if there's serious and this really starts to kind of move into the realm of like federal review. Let's not forget that Sam Alman and the Stargate announcement got some uh got some good press for the administration. Is I'm not sure at this exact moment where he stands with the administration, but like overall he's had some good moments. Satcha I don't think Satcha was at the inauguration, right? Correct. Yeah. Yeah. Yeah. Exactly. So like maybe starting to use that as a as a lever in this negotiation could be one way. Maybe. But I think we like we started the Trump administration with like Zuck and Sundar and Bezos and Musk uh all behind Trump in the inauguration. But he, you know, as tends to happen in politics, he has bigger things to worry about right now. The tariff stuff, the trade war, Iran, I don't think he even remembers who Sam Alman is. And I think that's fair. And now imagine you know you mentioned open AAI and Microsoft selling the same thing whether it's chatpt enterprise or co-pilot right very similar uh imagine you're open AI and you are going to um go into federal court to argue or make some plea that to argue Microsoft is anti-competitive and you're doing this this is from this is from the information a software company that has that purchased open AI models through Microsoft over the past years was in talks to sign a new agreement to spend 8 million on the models over the next 3 years, according to a Microsoft salesperson involved in the talks. But that firm notified Microsoft that OpenAI had offered it a 20% discount on the same models, reducing the cost over 3 years by $1 million. Microsoft salespeople asked the company's finance department if they could match the discount, but were rebuffed. As a result, the firm told Microsoft that it was choosing to buy the models through OpenAI instead. I mean, this is exactly this is exactly what must be happening now and is going to only grow in scale. These exact kind of negotiations and again Microsoft is a publicly traded company that has to show like certain projected financial metrics. Open AAI can light cash on fire right now. So they can they can be pretty aggressive and literally undercut at every step of the way using Microsoft's capital and cash and compute. Could you imagine being that salesperson? I mean that's a pretty nice commission on an $8 million deal I would imagine. Yeah. Have that man taken from underneath you. Same model from OpenAI. This partnership is is in trouble. So let's just look ahead. Ranjam, what do you think is going to happen with OpenAI and Microsoft? like what are your the scenarios you're thinking about? I I somehow still think OpenAI comes out ahead mainly because the product at the consumer level at a like it's not going to just be crushed by Microsoft in that conventional way anytime soon. I think from like a courtroom contractual legal standpoint, I think Microsoft certainly has both like standing and like the legal firepower to, you know, hold this over OpenAI. But I don't know. I I I don't see how what Microsoft can do to stop this at this moment. Like they can't be like just shut it down. They can't be like, "Don't you have a separate sales force, but you are not allowed to undercut our pricing." So, what what could they do? I think that they just say, "We're not making we're not going to budge an inch and we're not going to let you get this money. We're not going to let you IPO unless we get some better terms stuff that like holds to the earlier agreements that we had." Uh, and maybe they end up owning 40% of the company or something like that and everybody just has to go about their business. But I don't think Microsoft, you know, made the what some people called like the tech bet of the century in OpenAI only to lose it because OpenAI worked. Oh, that's a Okay, I can I can agree with that. I think it's uh Yeah, I think that's a good way to put it. I have an idea why Sam Alman uh may have thought this would work with Microsoft. Go on. Go on. that is that uh he's using chat GPT too much because there was a study this week and written up in time that chat GPT may be eroding critical thinking uh skills. Here's the story. Does chat GPT harm critical thinking abilities? A new study from researchers at MIT Media Lab has returned some concerning results. The study divided 54 subjects 18 to 39 year olds from the Boston area into three groups and asked them to write several SAT essays using open AI chatbt Google search engine and nothing at all. Researchers used an EEG. I guess that's yeah it's a machine that records writers brain activity across 32 regions and found that of the three groups chap GPT users had the lowest brain engagement and consistently underperformed at neural linguistic and behavioral levels over the course of several months. Chat GPT users got lazier with each subsequent essay and often resorted to copy and paste by the end of the study. Uh there were some people on X that were being like look at the way that these people designed this study. They hate AI. They were trying to set traps for people to fall into. It studies garbage. I I my reaction here is totally not surprising. I mean, are we are we even going to debate that this is happening? Well, one, if Microsoft investing in OpenAI was the tech bet of the century, I think you just nailed the segue of the century with that transition right there. I'm trying, man. But, uh, okay. So this study I I was thinking about a lot because like how or if generative AI will totally alter our brains is something I have wondered about like I always think of maps and I literally like I grew up in the Boston area and when I was first driving and before any kind of Google maps I literally knew how to get all over the city all around my town just by memory. I've been in New York for many years now and have a car now and I cannot get to JFK or LaGuardia driving without Google Maps. Like I don't know directions from driving. But I think that's okay. I mean if if if the entire like uh internet collapsed I might be in a little trouble there. But the way I learned kind of location is completely changed. But I can now do it at a scale that it was unimaginable before. I can go into a new loca local locality and like just move around and navigate. So it's a different way of using the brain. I think this is again writing an SAT essay was already it's such a specific kind of mindless thing. I think like in reality the act of doing it is not actual like intelligence in my mind and I say this as someone who went through the process. It's like it's uh so to use that really specific thing I do think is kind of misleading because taking a very mindless task and then of course the person using chat GBT it's not going to trigger the level of brain activity because it was already a mindless task anyways and it's perfect for generative AI. So for me I think our brains the way we learn is going to change. I think that's good. we have to adapt the way like learning is done for generative AI. But I don't think people are going to get dumber. Maybe that's optimistic. But I think this is one of the points is a lot of the stuff, let's say you're thinking about using this for work, a lot of the stuff that you're doing at work will get your brain sort of deep into the material and help you think critically about a broader business activity. I'm just saying this for this s sake of argument because I do believe LLMs could be like really useful uh in the workplace. I don't I think less of that in education like if people are going home not just writing their SATs but like writing like essays for class they're not going to retain anything cuz you actually the pain that you endure in that writing is where you retain. Um but I actually like just to sort of move from education to work. Wonder if this will make better workplaces if people are using more AI and whether it will make more competitive companies if people are using more AI uh because of the impact that it could have on the brain. Hold on, hold on. Just quickly on the education thing, I think it really is going to demand like rethinking how the classroom works. And I think that's good. like writing essays as you said it was the enduring the pain of writing is where you learned in the past that potentially goes away but like presenting the essay having to be able to defend it like more socratic learning like do do you think this is going to be net bad for education or do you think we just have to update the way we teach I think we've had this discussion before I am I'm hopeful that we can find a way to teach better but I think if you marry this style of learning with our current education system, you end up getting a disaster. Okay. I'm not Yeah, I won't I won't argue with that, I guess. But but then Yeah. Oh, go ahead. The flip side then you also get into to me the most optimistic part of this is the democratization of learning and like access to knowledge learning tools like now the fact that anyone in the world can any wherever you are just with an internet connection can actually like create entire curriculum tailored to you like I think it's going to really be good for learning at a large scale I in isolated cases couple of uh 18 to 39 year olds in Boston uh writing an SAT essay yes that format is not going to be good and it's going to be change like people will just cheat their way out of it and not actually develop their brain but I I kind of look at this like what YouTube did for learning this is going to be at like a thousandx scale. Yeah. So Darcesh after we turned the cameras off for our conversation on Wednesday was like yeah I just basically drop stuff like papers I'm trying to learn and uh have Chad GPT uh use the Socratic method and uh help teach me that way. So I think yeah hopefully we will develop new uh modes of learning but I also think we're living at a time where we've known we need new modes of learning for a long ass time and we're still doing the wrote memorization and spitback stuff that we've been doing forever now. I'm sure there going to be education professionals uh who are listening to this who are going to know uh much more than me and say that there are areas where this is improving. I don't doubt that. But by and large I think my generalization about the education system uh really across the globe holds true. So let's let's talk about work because we have limited time today and we should definitely get it to this uh Andy Jasse uh message to Amazon employees about AI in the workplace. She says, "We have strong convictions that AI agents will change how we all work and live. Think of agents as software system that use AI uh to perform tasks on behalf of users or other systems. Agents let you tell them what you want, often a natural language, and do things like scour the web in various data source sources. uh summarize results, engage in deep research, write code, find anomalies, highlight interesting insights, translate language and code into other variants, and automate a lot of tasks that consume our time. There will be billions of these agents across every company and in every imaginable field. There will also be agents that routinely do things for you outside of work, from shopping to travel to daily chores and tasks. Many of these agents have yet to be built, but make no mistake, they're coming and coming fast. Can I just pause here before we get to the fact that he's going to sort of now, you know, soon pledge to decrease Amazon's workforce to be like, come on. I mean, we've heard this promise for how many years now and it's not there. And what makes him so confident and of course he's closer to the technology uh than I am, but what does he make what makes him so confident to think that this is going to happen? I would I would push back. I think the vision that's being presented is going to happen in terms of like time scale when that happens. I think uh like again the same way learning has to change. Work is definitely going to change. A lot of the repetitive things that we've all done over and over again uh start to be automated in some way. I mean, even thinking about like this podcast, being able to upscale our audio, being able to uh edit very quickly, getting video clips from Riverside, like this is something that would not have been possible a few years ago, even like a two years ago at the scale that we're able and quality were able to do for our listeners. Little plug there. But, uh, you know, like overall, I think it's definitely going to happen. I think I'll agree that it's in every CEO's interest to say this, especially if you're a publicly traded company. It just is kind of easy to say we're going to be getting efficiency gains and stuff. But but I do think from a messaging standpoint, it's important because this will force the workforce to actually start learning how to use these tools. And I think I think that's whoever whichever companies like figure that out. And and I've thought about this a lot like are the winners of the next like decade going to be AI first AI native companies or is it going to be giants that actually are able to transform themselves? And right now it feels like it could be AI native AI first companies. So I think the giants got to get moving a bit more. Yeah, you're hitting on it. So, here's here's Jasse's uh another paragraph from me. He says, "As we roll out more generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs. It's hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company." Wall Street Journal comments on this. The real message Andy Jasse is sending to employees on AI. Jasse's memo likely has another aim. More tech leaders are propagating the view that job security in the age of AI means learning to use it fast. Jasse echoed uh uh this this belief in his memo to workers this week, imploring them to be curious about the technology. Those who do will be well positioned to have a high impact and help us reinvent the company by effectively threatening a pink slip. To those who don't, Jasse, at least guaranteed that the AI workshops at Amazon's offices will be humming. Little cynical. Well, actually, you you left out I was thinking about this it when you dropped in this uh quote. So, the quote, you're not going to lose your job to an AI, but you're going to lose your job to someone who uses AI. It's attributed here to Jensen Hong, who told the Milin Institute in late May. I I was I feel I've been hearing that for years now, haven't you? Yeah, that's not like a Jensen exclusive. I know. I I was trying to figure I was actually looking up like who the original like who we can actually give that quote to, but because I feel that if you want to sound smart in AI conversation, just look at someone very seriously and say it's people aren't going to lose their jobs to an AI. They're going to lose their jobs to somebody who uses AI and you will sound like the smartest person in the room. So, sounds right to me. It's right. It's brilliant. It's brilliant. It's the future. So I guess like going let's just you know sort of tie this section up. Do you think that do do you really feel that Amazon is going to contract because of AI? And if it does will it be AI in the uh in the in the you know headquarters or will it be AI sort of in the form of robots in the warehouses? I think he's talking to headquarters employees here, but I think it's still a better chance that you'll get like robots with better dexterity that replace people in the fulfillment centers versus uh reducing workforce. See, I I would actually disagree that Amazon in the frontline side of it had brought AI and automation at such a level that like is unparalleled versus other companies. So, they already got this out into the frontline workers. So, I think this I I think this is more geared at HQ and may maybe he's just telling them to roll out Alexa Plus because I bought an Echo Show after your episode and I'm still waiting for Alexa Plus. I think you are as well. So, maybe that's the real message here. I mean, he mentioned Alexa Plus in his memo, and I was like, well, where is it? Well, but I do think that we're going to see more CEOs with messages like this, and I think this Wall Street Journal writer is totally right that more than a imminent downsizing, it's just going to be like, please use the tools because like you hinted at earlier, it's a lot of these co-pilots or whatever are just kind of sitting dormant. Um, and that's why like I read Jasse's like big like vision setting paragraph about the agent. And he also talks about how agents will help work, you know, the work workforce and therefore, you know, you won't need as many people. And I'm just like, I'll believe it when I see it at this point. Well, it's like Apple intelligence for me. Ah, okay. See, I'm still going to me if you have an AI illiterate workforce, you're not going to see it. The technology is not going to be enough to actually make it successful. So maybe again the like the the implicit message in this is just become AI literate because then you'll be able to actually build these agents, build these workflows, do all of this. You know, I'm going to agree with you here. I do think I think we both agree there's a tremendous amount of power in AI today if you learn how to use it right. And if I was a CEO of a big company like that, I would definitely be imploring the workforce to, you know, get their hands dirty and and get using these products. Now, would I say I'm going to fire you if you don't? Probably not. Um, but I do think that it's a good thing to be like, "Hey, uh, you should you should start using these." Um, and there are ways to do it. Maybe I mean, if you have again, go to the workshop if you need to. Um, but they they can already help tremendously in certain workflows. So, yeah, dude, learn how to use it. Otherwise, we're going to do an aqua hire of your biggest enemy and nemesis. and uh and be wary. That's right. All right. So, we're going to go to break and come back and talk about Mark Zuckerberg's latest on his hiring spree. Before we do, I just wanted to say that um we've seen some ratings come in and I definitely appreciate everybody rating the show. I know I ask often, but again, it's the only publicly available metric to show uh our our size and the fact that we have an engaged listenership. So, if you could rate five stars on Apple Podcast or Spotify, that would be much appreciated. Uh, I try not to ask too often. Sometimes we get someone that will listen to the show once and come in and drop a one-star review. And obviously, it's never fun to see that. So, we know we have engaged listeners. If you're listening on Apple Podcast or Spotify, uh, and can rate us, that would be great. And, uh, either way, we appreciate you being here. All right, we'll be back right after this. And we're back here on Big Technology podcast Friday edition where we are happy or intrigued to report that Mark Zuckerberg uh is still spending the money. And this week, last week we had the $14 billion aqua hire of Alexander Wang uh and the scale AI I don't know leadership talent crew. This week the money doubles. Uh Zuckerberg tried to spend 32 billion on Ilia Sudskever's uh AI start startup Safe Super Intelligence. Um Skever ultimately turned Meta down. This is according to the information. Uh but the company is now in talks to hire Safe Super Intelligence's co-founder and CEO Daniel Gross. And earlier this week uh there were also reports that Meta was in talks to hire Gross as well as former GitHub CEO Nat Freiedman. Uh, Meta is also reportedly talking to taking a stake in Freeman and Gross's joint venture firm NFDG, which was invested in prominent AI startups such as Perplexity and Character AI Gross and Freeman could significantly beef up Meta's AI super intelligence lab. So, this idea that I brought up last week that it's about the talent, you can now you're getting to the point where compute matters, but talent uh is starting to matter more. Uh it seems like you know this is really coming to fruition and Zuck is just gonna spend until he has this team of all stars. I think aqua hire zition while said in a bit of jest last week by you is going to go down as one of the bigger trends of the year we're seeing it again and and I mean in a way even like the deep mind acquisitions of long ago in AI with the big tech giants maybe aqua hierition has been the modus operandi this entire time and is going to continue to be like rather than we're going to buy your customers your product. It's actually we're just buying the talent and that's all that matters. Um, so yeah, I think we we could see more of this. It's going to be interesting, but also at a certain point, when do you have enough talent? Like what what's the inflection point that you're like, "Okay, we we got everyone we need. We're we're like a hundred billion down. Um, we have a a team of AI Avengers. What do we do now?" I mean, you you optimize the models and you try to come up with new techniques and all these talented leaders will have people working underneath them that will be able to execute. You would think the new strategies that they try to pull off, but I think it's kind of notable that he wasn't able to get Ilia. I mean, it's a moonshot. 2 billion for a pre-product startup, right? Not a bad That's a moonshot to try to get him because uh we know that he's definitely I would say like fairly ideological left Google to go to OpenAI because of uh the promise of the safety work. Um left OpenAI after some weird stuff happened with Sam. And I think Kevin Ruse from the Times has a pretty interesting take on this. He says the problem of trying to buy your way into the AGI race in 2025 is that top tier AI researchers are already rich think we have like 1 to four years before super intelligence and don't want to spend those years building AI companions for Instagrams for Instagram actually okay that's a good point um I mean first of all I think Ilia is worth 32 billion just for the branding of super intelligence and bringing ASI to market and letting us move past AGI but I think that's fair that yeah I mean If you're already a researcher by like disposition and you are worth a couple hundred mil, you don't want to build like an ad optimizer for Facebook, an Instagram fake companion, a a Khloe Kardashian uh like replica. You would like to be getting to your ASI. So that makes sense. it's going to be a bit harder, which makes more sense at like a Nat Friedman, GitHub CEO, that persona of like a true business builder. They're the ones who actually are going to be more open to this kind of thing. I think now in theory, there is a separation between the research side of Meta's AI efforts and the product side. And I believe there is, but it's clear that in companies like Meta, like companies like Google, the research and product sides are coming closer together. So it could be like yeah come come in like even to the researchers that he's going after come in and we'll give you money and you can try to build the best AI model. Uh I think there'll probably be some reluctance at least at the beginning to um to believe that. I mean especially you saw what ads came to WhatsApp after the promise I think there was a promise never to bring ads onto WhatsApp. Uh they're there now but the I I'll just say this one thing. the best way to make this work is to build a product that works. If they can really start advancing the status quo, uh then they'll get more people involved and you know it snowballs. But I think yeah, you have to do that with talent and he's doing going after the talent. So I I think the strategy is smart. I'll say that. I I actually agree. I will agree that they have the distribution in place so that's not going to be an issue. So maybe it is fair that they they're have to put their entire bet on just improving the model significantly in the short term and definitely not falling behind and then they can win solely on distribution. Okay. Well, one quick rant on WhatsApp. WhatsApp. Yeah. Do the WhatsApp ads thing. All over New York last like in the Highline in New York, there was these huge out ofome marketing activation of like it was just kind of ridiculous. It was like WhatsApp, we don't read your messages. WhatsApp, we can't see anything. Like there was uh kind of these blurred out uh I don't know big like plastic things that you would stand behind and they would take a picture of you. It was just weird. First of all, anytime you're told over and over, we don't read your messages, I'm just asking, why are you having to shout this repeatedly? Are you reading my messages? Um, my other favorite thing is they also just in the corner had a little waiver that by taking part in this activation, you are releasing the rights to be filmed for marketing purposes, which is classic meta. But what I loved was so I started seeing this a number of podcasts I listened to, they these ads started showing up. There was like big billboards in Time Square showing this. And then a week later, WhatsApp announces it's gonna be launching advertising within the app for the first time in its life. So, Oh, there you go. Yeah. Yeah. Um, never change, Meta. Never change. Okay. One more thing I want to talk about. I just saw a report that Meta discussed buying perplexity before investing in Scale AI. Hey, get off Apple's lawn. All right. This is Tim Cook's deal to do and Tim Cook's alone. You lose your finders fee if Meta gets them. That's true. I know. I I actually uh been DMing with the chief business officer of Perplexity uh who told me that the deal is not likely uh but the meta-cale deal was so unlikely that I feel we and I feel we aren't living in a world of likely. I read that as a as a maybe but also he told me that Apple and Perplexity have had no M&A discussions. So if this Meta thing is true, Mark Zuckerberg has done more M&A discussions uh with Perplexity than anybody else. I think if Meta can get Perplexity, it should do it. I think that would be smart. I think it would. I mean, speaking of anti-competitive though, I mean, Meta doesn't have any search. Actually, that's that's a fair point. And suddenly search becomes more competitive and this pushes back against Google. All right. Approved. Okay. Thank you. That was a very easy approval process. And I expect that it would be the same uh level of ease as uh we would see with the federal regulators. Okay. Sorry, I said one last thing. One last thing on this. I got a text uh from someone who listens who said uh what is Facebook doing? Uh these couldn't get along at OpenAI as it was. Um I think they're going to get along within meta. I mean, of course, it's it's it's a disperate group, right? It's not exactly all OpenAI alumni, but there you know that's that is one of the biggest risks when you bring in big personalities is that they will they will be too big to like someone on Twitter floated like wait Ilia's going to repo report to Alexander Wang. What's what's the idea here? Oh my god, I would love to. That's just the reality show and podcastw worthy content to give us material alone would be worth the 32 billion. Oh yeah. I mean I I would love to I mean I think our our numbers would double immediately with weekly reports of how things are going. Do it on insider. Do it please. Uh for the sake of big technology listenership. Uh thank you everybody for listening. All right, let's end here with the closest sign that we are nearing AGI. Whimo is about to start testing in New York City. Uh we also have Tesla uh starting to roll out its pilot in Austin. I think that's coming in the coming days. It's going to be with safety drivers and Whimo will also be with drivers in the front seat until they uh until they get approval to drive. But like we said, if if Whimo starts rolling around New York without any drivers, you and I here on the show will declare AGI. Yeah, we said there's there's currently the ARC AGI benchmark which is one of the industry standards. We've proposed the win AGI WIN Whimo in New York benchmark. You roll through uh like Broadway and 34th on a in a driverless Whimo. AGI is here. Cancelled the Microsoft OpenAI contract. AGI is declared. It's done. And what a storyline that would be if we see Whimos going down Fifth Avenue and then Sam Alman follows along and says, "I'm free. See you later, S." Yeah. Chad GPT is half off this week. Greatest marketing stunt of all time. I I could see it happening. All right, Ranjan. Great to speak with you as always. Thanks for coming on. All right, see you next week. All right, everybody. Thank you for listening. Next week on Wednesday, we should have legendary investment analyst Tom Lee coming on. So stay tuned for that. And then Ron John and I will be back next Friday. Thanks for listening and we'll see you next time on Big Technology Podcast. [Music]