Perhaps the money is not to be made in the rivers themselves, but from the men working them.
-The Sisters Brothers by Patrick deWitt 📚

Nvidia is the picks-and-shovels of the AI gold rush (and crypto).

AI skews towards decentralization and will prove to be a tool, not a platform (like search has become).

Models will be like Cloud 2.0, the real value creation is in the hardware and the apps built on top of it.

Software eats the world. Hardware enables the appetite.