And then we discuss whether the $10T+ of total AI capex we’ll see by the end of the decade will cause a sovereign debt crisis, where hyperscaler debt raises interest rates, drives non-AI exposed countries into bankruptcy, and crashes non-AI equities.

One question we weren’t able to resolve is whether there’s anything that can counter all the forces barrelling towards centralization in this industry - the economies of scale in training, the scarcity of compute, and eventually continual learning and RSI.

𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊𝐒 * Transcript: dwarkesh.com/p/dylan-patel-3 * Apple Podcasts: podcasts.apple.com/us/podcast/d… * Spotify: open.spotify.com/episode/1chA0s…

𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒 * Grok Bot has been quite helpful with my search for a new editor. I created a recruiter bot and described the type of editor I was looking for. That bot then spun up a handful of subagents that combed through my emails and X DMs, read the end credits of various documentaries I like, and figured out who edits for some of my favorite YouTubers. It took all of those results, and then delivered me a shortlist of candidates that matched my criteria. Try Grok Bot for yourself at x.ai/bot

* Antithesis lets you add time travel to your software testing toolkit. Since the Antithesis platform is fully deterministic, everything that happens inside of it is perfectly reproducible. So if your software crashes, you can rewind to the exact right moment, freeze time, and investigate. Or you can test different hypotheses by perturbing the system: kill a node or disable a feature, see what happens, then reset the trajectory and try something else. Learn more at