00:00Fundamentally, our business, and I think the business of every other model provider, is going to look like selling tokens.
00:07You know, they may come from bigger or smaller models, which makes them more or less expensive.
00:13They may use more or less reasoning, which also makes them more or less expensive.
00:16They may be running all the time in the background trying to help you out.
00:20They may run only when you need them, if you want to pay less.
00:22They may work super hard, you know, spend tens of millions, hundreds of millions, someday billions of dollars on a
00:30single problem that's really valuable.
00:32But we see a future where intelligence is a utility, like electricity or water, and people buy it from us
00:44on a meter and use it for whatever they want to use it for.
00:49The demand that we see for that seems like it's going to continue to just go like this.
00:56And if we don't have enough, we either can't sell it or the price gets really high and it, you
01:03know, kind of goes to rich people.
01:05Or society makes a bunch of sort of central planning decisions that I think almost always go badly about, you
01:11know, we're going to use our limited compute supply for this and not that.
01:14So the best thing to me throughout all the history of capitalism, innovation, whatever you want, is to just flood
01:20the market.
