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do you think that there's any issues there was a a bunch of companies added to the export control list two days ago
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Some were in quantum computing Generally a lot of it though was in the Nvidia ecosystem So I think that the the US
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government is really trying to make sure that these nextg GPUs don't go directly
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to China but also don't go to countries that could then redirect them into China
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Did you get a chance to look at that or did your team look at that yet oh yeah And I think this will be part of you
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know the upcoming negotiation between America and China But it is hard you know it's like if we can't you know if
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America cannot keep illegal drugs out of you know out of our own country these GPUs are arguably dramatically more
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valuable per unit you know like a black well is like you know the size of this and it's just hard Particularly like you
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know America we're trying to keep drugs out here China is trying to bring the GPUs in and it's kind of significantly
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you know I think harder to prevent than than you know smuggling of illegal drugs
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Now everybody does their best but um yeah the United States I think it's always going to be kind of a game of
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cat-and- mouse until you get some sort of grand bargain And right now they they're allowed to sell certain kinds of
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GPUs into China And I'm sure they'll be Should we be doing that Gavin is is this
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going to be an effective strategy you know if you were advising the president would you say "Ah just let Nvidia sell
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them It's a fool's errand to try to stop them because they're all going to Singapore or wherever Vietnam and and
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routing their way around I think we're putting enough friction into the system that it does theoretically give
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America an advantage at the cost of creating tremendous incentives for China to develop their own semiconductor
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ecosystem and you know pressure to kind of you know necessity is the mother of innovation and these export controls are
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creating an immense incentive for China to really algorithmically innovative and
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you saw that with Deep Seek where there were some real algorithmic innovations Yeah So said another way if we squeeze
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too tightly on letting them buy the Nvidia chips they might make a better Nvidia I mean become resilient I think
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they're doing it now They're trying now So that's Well they're trying but I guess what are the chances they succeed
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in your mind Gavin in creating something competitive with or better and then what
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would that say about the AI race in the next five years is I think zero I think it's really really hard but over the 10
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years who knows and if you're the CCP 10 years isn't that long If you're America
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10 years is an eternity Yeah they're thinking in centuries and we're thinking in decades Yeah that's probably correct
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Hey um let's pivot over to AI agents since we're in the AI and obviously there's other big topics this week We'll
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get to you doing politics and uh signal and all that kind of good stuff But we have a company that seems to be you know
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having a moment It's called Manis uh Mus It's currently in private beta but they're creating agents and we've been
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talking about this agentic revolution Basically little you know jobs going out We used to call them crown jobs back in
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the day but going out and doing things for you and it seems to be working and it's pretty impressive What do you think
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about this company specifically if anything and are we getting to a point where we're going to have the same chat
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GPT 2.5 moment but with agents and then if we do have that Gavin what will that look like in terms of employment and how
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companies are run look I do think uh if agents materialize as a reality and you know Manis is maybe a little bit of
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a chat GPT moment for that I would say OpenAI and Enthropic Enthropic developed something called the model context
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protocol that OpenAI just adopted I think it will become a standard and it makes it really easy for an LLM like
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Stripe can just integrate with MCP and then any LLM that uses MCP can you know interact with
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Stripe and this is solving a big big problem for agents um in terms of just making them you know much easier to use
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much more standardized but if agents become a reality one the ROI on AI high in Blackwell is going to be very high and
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two what will it's not good for human employment but what will be kind of I would say the rate limiting factor is
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just compute in a world where we all have agents doing things for us all day long it's going to be a long time before
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we have enough compute in the ground for that to be a really really widespread reality and I think that's why you know
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open AI was talking pricing their first agents at $2,000 to $20,000 a month