What if the AI models were literally as

good as a fully automated software

engineer? They're not currently there

yet, right? Like I think they're far

from just being able to fully automate

the job of like a full white-collar

worker. But white-collar workers earn,

you know, six figures or north of that a

year. And if you have a gigawatt that

can sustain a population of like, say, a

million white-collar workers, then off

the back of that you'd be many hundreds

of billions of dollars if you get like

full AGI per gigawatt.

>> I think the other aspect of this is most

of the value that these models generate

does not get given to Open AI and

Anthropic. Thankfully so far, it is

mostly just being given to the users.

>> Yeah, yeah.

>> Right? Jane Street, where they're like

one of Anthropic's biggest customers, is

generating way, way, way, way more value

out of the tokens they're paying for

than Anthropic is

uh generating in terms of profit. Or

Meta, who at one point was rumored to

be, you [music] know, as much as 10% of

Anthropic's business, they're generating

way more efficiencies by optimizing

their ad algorithms or what have you and

and getting engagement time 5% longer

and, you know, all these things. They're

making way more money off of using these

models than Anthropic. And so the

ultimately Sure, if you had a million

new software engineers, the cost per

software engineer would also fall. It

wouldn't be a pure

>> If you only had a software engineers and

not other type types of labor

>> but that's every kind of laborer, right?

That's the that's the whole point of AGI

is it collapses the value of labor.