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Fredrik's avatar

Shaun, you’ve spent your career betting on extraordinary people, including Elon Musk. What is it about someone that makes you personally believe in them, even before they’ve proven themselves? And have you ever been wrong?

VV's avatar

This is fascinating timing for an AI-themed interview. OpenAI just had to settle for raising $11bn when aiming for $30bn. Anthropic IPO is being guided down significantly from initial ballpark. Softbank is defaulting on orders. Microsoft is pulling the Oracle compute deal. On top of cold hard numbers, there's the wild soap opera subplot of Jensen Huang facing accusations of being honey trapped by a Chinese agent, which could be hugely problematic for Nvidia. I'm not sure if you agree, but I doubt xAI could have survived the current market conditions if not for Elon's genius financial engineering of rolling it up into SpaceX and compelling everyone who wanted exposure to that to also take on the AI part. The question is - what % probability do you assign to AI-related leverage in the system bringing about a huge financial hit to the world economy like mortgages did in 2007?

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