Part 6/10:
This emphasizes that resources are being allocated efficiently, with companies building and deploying chips into production immediately and monetizing them rapidly. The return on capital is currently strong and improving, suggesting sustainable growth rather than speculative excess.
The Ease of Adoption and Deployment
The discussion also highlighted how adoption patterns of AI differ significantly from the early days of the internet. Building a two-sided network, which required convincing both developers and users to adopt new platforms, was notoriously difficult.