Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax

1277.641 - 1301.303 Chamath Palihapitiya

And there are so many cheap and effective solutions. Grok being one of them, but there are many others. And I think why the market reacted very negatively was it did not seem that Facebook understood that distinction, that they were way overspending and trying to allocate a bunch of GPU capacity towards inference that didn't make sense. And so I think what people were saying is, hold on a second.