Gavin Baker: "The Magnificent 7 ( Apple, Microsoft, Google, Amazon, NVIDIA, Meta, Tesla ) - today priced at $10-12 trillion, will for sure go to $50-100 trillion. But one or two of those companies will go extinct " this is him on which AI companies will survive, Elon Musk's predictions - and where the safest money will be made "Google, Meta, and xAI - the only foundation-model companies at the application layer that will have enterprise value in five years" when AI could surpass all of humanity: "Elon predicted three years - I think five years is a reasonably safe prediction." "There’s for sure FOMO. Our job as investors is not to give in to FOMO. If you gave in to FOMO in 2021, you went all in on crypto and application SaaS... Application SaaS, I think, is done." "The leading labs in America have very effectively weaponized fear of China moving ahead of America. So there’s going to be no regulation - for better or worse." bookmark & watch - read article below ↓