AI = abundant interns - Balaji Srinivasan

When fiat is inflated it slowly goes to zero.
When it is frozen it temporarily goes to zero.
And when it is seized it instantly goes to zero.
But hard money cannot be inflated, frozen, or seized.

You cannot automate something until you’ve done it manually many times. Control all of the factors and show technology cuts costs. Remember, for many legacy companies, information technology is only a cost center. They only adopted the code. You were born in it, molded by it. A full-stack entrant into a new vertical is formidably protean. You can morph your product just by hitting keys. Tesla’s over-the-air updates for its cars are a fantastic example.

The man who wants to be CEO, because he gets to be important, should not be CEO.

The man who does not want to be CEO, because he gets the importance, should be CEO.