WEBVTT

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REALLY BEING ABLE TO ELEVATE
AND CONTINUE TO WORK WITH AND

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WE'LL WORK WITH FOR THE LONG TERM.
AND I FEEL EXTREMELY GOOD

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ABOUT THAT BENCH AND,
AND WHERE WE'RE GOING.

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>> LET ME ASK YOU A DIFFERENT
QUESTION ABOUT THE ECONOMICS OF

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AI RIGHT NOW, BECAUSE OBVIOUSLY,
IT APPEARS THAT ANTHROPIC IS

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GOING TO HAVE AN IPO LATER THIS YEAR.
I WANT TO TALK TO YOU

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ABOUT THE PROSPECT OF YOU DOING
SUCH A THING IN 2027, BUT IT

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APPEARS THAT THE VALUATIONS
OF SO MANY OF THESE DIFFERENT TECH

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COMPANIES ARE QUITE DEPENDENT
ON YOUR OWN VALUATIONS, AND NOT

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JUST WHAT THEY ARE TODAY,
BUT THAT THEY HAVE TO CONTINUE TO

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RISE BECAUSE EMBEDDED IN SOME
OF THEIR OWN ECONOMICS IS YOUR

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VERY COMPANY. AND SO I'M CURIOUS SORT
OF WHAT YOU'RE SEEING IN YOUR IN YOUR OWN

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BUSINESS, BUT ALSO, YOU KNOW,
JUST LAST WEEK AND BECKY AND

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I'VE BEEN TALKING ABOUT IT,
SHE HAD THIS GREAT INTERVIEW WITH

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JENSEN HUANG AND A WHOLE BUNCH
OF FINANCIAL LEADERS WHO ARE

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GOING TO BE CONTRIBUTING POTENTIALLY UP TO
$500 BILLION TO SUPPORT THIS, THIS WHOLE

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WORLD. AND THERE'S A BIG QUESTION MARK
ABOUT WHETHER THESE THESE CHIPS AND THESE

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DATA CENTERS ARE GOING TO HAVE

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THE VALUE THAT'S NEEDED TO MAKE

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ALL OF THIS WORK.

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>> SO I'D SAY AT A FUNDAMENTAL
LEVEL, WHAT WE ARE DOING, AND

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YOU CAN LOOK AT THIS ACROSS SO
MANY DIFFERENT VERTICALS OF THE

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ECONOMY, YOU CAN LOOK AT WE
JUST TALKED ABOUT CYBERSECURITY,

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WHICH I THINK IS AN ABSOLUTELY
CRITICAL APPLICATION OF AI. AND

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I THINK WE'RE GOING TO SEE
LOTS OF GROWTH THERE. SOFTWARE

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ENGINEERING THIS YEAR HAS
BEEN TOTALLY TRANSFORMED. WE'RE

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STARTING TO SEE EVERY ASPECT
OF KNOWLEDGE WORK REALLY CHANGE.

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BUT ALSO WE'RE STARTING
TO SEE SCIENTIFIC DISCOVERY. WE

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ANNOUNCED A COUPLE OF WEEKS AGO
THAT OUR AI, FOR $2,000 WORTH

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OF COMPUTE, WAS ABLE TO SOLVE
TEN LONG STANDING MATH PROBLEMS

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THAT HAD ELUDED MATHEMATICIANS
FOR DECADES. AND THINK ABOUT

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THAT LEVEL OF CAPABILITY
APPLIED TO BIOLOGY, APPLIED TO

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MATERIAL SCIENCE. IT'S ALL
STARTING TO HAPPEN. AND SO ALL

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OF THESE APPLICATIONS THAT WE'RE
STARTING TO SEE, THEY'RE

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ALL POWERED BY ONE FUNDAMENTAL
RESOURCE, WHICH IS COMPUTE.

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COMPUTE IS REALLY BECOMING
THE NEW OIL, THE NEW LIMITED

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RESOURCE OF THE AI AGE. AND OUR

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BELIEF. YOU NEED TO BELIEVE
ONE FUNDAMENTAL THING IS THAT

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BECAUSE AI IS REALLY ABOUT
SOLVING PROBLEMS, THE PROBLEMS

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THAT HUMANS WANT, I WANT
WANT TO BE SOLVED. YOU NEED TO

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BELIEVE THAT THE DEMAND FOR PROBLEMS TO BE
SOLVED IS UNLIMITED. RIGHT? AND THAT IS

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SOMETHING I BELIEVE,
AND THAT IS SOMETHING WE HAVE SEEN THAT

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WE HAVE A BILLION USERS ON CHATGPT.
WE HAVE 2 MILLION

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ENTERPRISE CUSTOMERS AS WELL.
AND YOU CAN JUST SEE THAT THE

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DEPTH OF USAGE AS PEOPLE HAVE
STARTED TO USE AGENTS IS JUST

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GOING OFF THE CHARTS.
LIKE EVERY SINGLE COMPANY THAT TRIES

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THESE THINGS, YOU START
TO REALIZE THAT YOU CAN MOVE IN

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MORE AMBITIOUS WAYS THAN YOU
THOUGHT PREVIOUSLY. AND SO I

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THINK THAT WE'RE AT A WORLD
WHERE WE SEE WHAT'S COMING. WE

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SEE THE SHAPE OF THE FUTURE
BECAUSE THAT MODEL EXPONENTIAL,

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THAT CAPABILITY CURVE THAT'S
CONTINUING. WE REALLY HAVE A

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ROADMAP LINED UP WHERE
THE CAPABILITIES WILL CONTINUE TO

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INCREASE IN SIGNIFICANT WAYS
THAT ARE HARD TO, THAT ARE HARD

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TO KIND OF SORT OF EXPLAIN IN A,

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IN A SUCCINCT WAY, BECAUSE IT
IS REALLY ABOUT BEING ABLE TO

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ADD VALUE ACROSS EVERY ASPECT
OF HUMAN ENDEAVOR AND BE ABLE

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TO HELP EMPOWER PEOPLE TO DO MORE.
AND SO I THINK IF YOU

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BELIEVE IN HUMAN CREATIVITY,
HUMAN AMBITION, THEN ULTIMATELY

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YOU HAVE TO BELIEVE IN THE POWER
OF WHAT AI WILL PROVIDE.

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>> HEY, GREG, I'D LIKE TO GO
BACK TO CYBERSECURITY IF IT'S

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OKAY. I AGREE WITH YOU.
THERE'S HUGE POTENTIAL FOR AI. I HAVE A

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LOT OF HOPES ABOUT WHAT IT'S
GOING TO DO FOR HEALTH CARE.

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BUT WHEN WE SAW THE BREACH THAT
YOU ALL TALKED ABOUT LAST MONTH,

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THE WHERE THE OPEN AI MODEL
BROKE OUT OF THE SANDBOX AND

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BROKE INTO HUGGING, HUGGING FACE.
I MEAN, WE DIDN'T FIND

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OUT ABOUT THAT OR YOU DIDN'T
FIND OUT ABOUT THAT UNTIL AFTER

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HUGGING FACE HAD IDENTIFIED
WHAT HAD HAPPENED. THEY HAD

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CONTACTED THE FBI, AND THEN ANTHROPIC HAD
TO ADMIT THAT THEY HAD A SIMILAR SORT OF

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SITUATION. I JUST WONDER, DO YOU FEEL LIKE
YOU HAVE YOUR HANDS AROUND THIS SITUATION,

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YOUR ARMS AROUND THIS SITUATION?

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YOU KNOW WHAT HAPPENED?
AND YOU CAN MAKE SURE THAT SOMETHING

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LIKE THAT DOESN'T HAPPEN AGAIN.

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THAT TO ME WAS A BRAND NEW

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WORLD. AND OH, DO WE HAVE ANY
CONTROL OVER THIS STUFF MOMENT?

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>> YEAH. FOR US, WE TOOK THIS
EXTREMELY SERIOUSLY. SO FOR THE

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PAST COUPLE WEEKS THAT WE'VE

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BEEN IN REALLY FULL POSTMORTEM,
POSTMORTEM, TAKE A LOOK AT WHAT

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HAPPENED. REALLY UPLEVEL EVERY
ASPECT OF SAFETY AND SECURITY

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AND ALIGNMENT WITHIN HOW WE DO
THESE FRONTIER TRAINING RUNS.

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SO IT'S A REAL MOMENT WHERE WE
REALIZE THAT WE DO NEED TO UP

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LEVEL, AND IT'S NOT A SURPRISE
TO US IN A FUNDAMENTAL WAY.

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WE'VE ALWAYS ANTICIPATED THAT
THIS MOMENT WOULD COME. BUT I

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THINK THAT WHEN IT ACTUALLY
HAPPENS, SEEING THE WHOLE TEAM

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KICK INTO GEAR AND TO BE SO
SERIOUS AND SO WE ACTUALLY HAVE

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DELAYED OUR FRONTIER TRAINING
RUNS IN ORDER TO ENSURE THAT WE

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HAVE THE RIGHT LEVELS
OF CONTROLS IN PLACE. AND I THINK

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THAT THAT IS THAT IS A REALLY
IMPORTANT THING, IS THAT WE AS

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A FIELD ARE SORT OF NOW AT A
POINT WHERE THESE MODELS ARE SO

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CAPABLE AND THAT IT'S A DUAL
EDGED THING BECAUSE THEY'RE

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CAPABLE, IT MEANS THAT WE
NEED TO ENSURE THAT THEY HAVE

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ALIGNMENT DURING TRAINING,
THAT THEY NEED TO BE MONITORED

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DURING TRAINING IN A ROBUST WAY,
BUT IT ALSO MEANS THEY'RE SO

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USEFUL, RIGHT. AND THAT IS WHERE
THAT ECONOMIC VALUE COMES

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FROM, BECAUSE THEY'RE ABLE
TO SOLVE PROBLEMS IN THESE NOVEL

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WAYS AND THAT WE ARE ENTRUSTING.

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>> ETHICAL WAYS, RIGHT?
THAT'S PART OF THE PROBLEM. LIKE THIS

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WAS INTENTIONALLY A MODEL THAT
WAS SET UP TO SAY, OKAY, IF WE

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TAKE OFF SOME OF THESE CONTROLS,
ARE YOU GUYS NOT DOING THAT

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ANYMORE? NOT SAYING LIKE, OKAY,
GO FIND SOLVE THE PROBLEM. NO

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MATTER WHAT RULES YOU HAVE TO BREAK.

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>> WE ARE, WE ARE ENSURING
THAT THERE IS ALIGNMENT DURING THAT

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TRAINING PROCESS. ABSOLUTELY.
THAT I THINK THAT ALIGNMENT IS

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A NON-NEGOTIABLE. AND THAT IS
SOMETHING WE'VE INVESTED IN FOR