Eric Schmidt (former Google $Alphabet-A (GOOGL.US)$ CEO) on ...

Eric Schmidt (former Google $Alphabet-A(GOOGL.US)$ CEO) on AI:

“I think this stuff is under-hyped, not over-hyper. Because the arrival of intelligence of a non-human form is really a big deal for the world.”

On AI capex:

“The scaling laws of these systems are continuing to go up without any loss or degradation of power”

“The big winner, right now, is still $NVIDIA(NVDA.US)$ Nvidia. And the reason is that they have a virtual monopoly on the software stack between the hardware and the software that everybody is using”

On competition:

“It’s really important that Nvidia have a competitor, but Nvidia is so far ahead that they have very good software support for their chips and the other guys are trying to catch up”

“Everybody I know is trying to use the other chips, but they are still primarily buying from Nvidia, for a while”

On Apple $Apple(AAPL.US)$ : “Apple always goes their own way, and Apple always ends up making a better user interface than anyone else. And I’m sure that’s what they are doing”