"If we don't price it, we can't sell it."
Julie Fredrickson, Managing Partner of Chaotic Capital, on why AI compute has been subsidized, why it reminds her of early Uber, and why she thinks the industry will probably need real spot prices for compute.
IN THIS SHORT
- Julie says AI labs have offered lots of free compute to drive adoption
- She compares it to the early, subsidized days of Uber
- Economist Carlota Perez describes technology booms in two phases: installation, then deployment
- Julie's takeaway: in deployment, price efficiency and reliable delivery decide what sells
Carlota Perez: https://en.wikipedia.org/wiki/Carlota_Perez
From Infinite Loops with Jim O'Shaughnessy.
