20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

2433.722 - 2458.112 George Sivulka

I think the one thing that people in my position will always tell you is that the cost of intelligence will go to zero. The cost of intelligence will go to zero. I think that since Hebbia started, the cost of inference over a fixed number of parameters has decreased by seven orders of magnitude in four years. And so I genuinely believe that scaling compute is like a no brainer.