Will all of the fud out there regarding the "popping of the AI bubble" and ORCL CDS spreads blowing out, I thought the below article was a concise, informed position from Gavin basically saying: "trust the process"
Link: https://x.com/GavinSBaker/status/1991248768654803337
A few somewhat obvious takeaways:
1. If foundation models prove not to be a commodity, this clearly shifts balance of power towards US. Seems reasonable to assume internal capabilities at top labs surpass what is publicly available
2. Performance increases vs. open source likely to increase as Blackwell comes online. Chip bans will start to bite China OSS harder next year.
3. Pretty crazy the closed foundation model race is a four horse oligopoly and the only "pure play"(ish) publicly traded exposure available is $GOOG. Personally though, that is the name I would most like to own
4. Cost per token is the key output and $Goog is again the leader here given their substantial infra investments
Google has obviously run quite a bit recently, but seems like a structural shift is clearly underway in terms of market share. Will likely have some interim pull backs but seems like the most obvious long-term hold of the Mag 7.
The $GOOG is an "AI loser" crowd looking increasingly foolish.
AI Research.
Human Clarity.
Deep research spanning AI, robotics, and adjacent technologies.
In ten years, the world will be unrecognizable.
Synthetic intelligence will surpass human expertise, automate white-collar work, and inhabit machines. The forces unleashed will redefine global economies, geopolitics, and our sense of meaning.
Delphi Intelligence exists to decode this transformation.
Escape Velocity For The Final Frontier
Since we first looked up, the sky has been a ceiling priced in dollars-per-kilogram. That price is now in freefall, and a falling cost curve is the quiet engine beneath every industrial revolution — steam, steel, transistors, bandwidth. Launch cost is next, and the industries waiting on the far side of its collapse will be unrecognisable.
Inside DeepSeek: 0 fundraising, 0 KPIs, 0 second-in-command
A deep-dive profile of Liang Wenfeng and DeepSeek: tracing the architectural breakthroughs, contrarian management philosophy, and ideological tensions behind China's most consequential AI lab, drawn from the founder's only three public interviews.
Featured Research
.png)
INTELLIGENCE FEED
dAGI Summit 2025.
San Francisco. October, 24.
The Hivemind: Our Unique Model
Delphi is leveraging the researcher, builder, and investor perspectives across our interdisciplinary network to become the go-to research authority in AI & Deep Tech.
a Delphi intelligence podcast
Conversations with LEADING TECHOLOGISTS AND THE BRIGHTEST MINDS OF THE FUTURE.
