A series of fairly wild thoughts from Dwarkesh. I thought I was bullish but even I am not assuming that the price to rent compute continues to go up!

I will say that I am in SV this week and Dwarkesh is capturing the zeitgeist.

Net, net public markets would probably be trading differently if they saw the OpenAI, Anthropic, Grok/Cursor and Open Source numbers over the last 6 weeks.

And really good for anyone who has installed compute coming off contract and/or is bringing on compute that is not already contracted. And credit slowing down capacity adds - if it happens - only exacerbates all of this.