BG2Pod with Brad Gerstner and Bill Gurley

BG2Pod

Open Source bi-weekly conversation with Brad Gerstner (@altcap) & Bill Gurley (@bgurley) on all things tech, markets, investing & capitalism

  1. -22 H

    AI Bubble, Stablecoin Boom, and Runnin' Down a Dream | BG2 w/ Bill Gurley and Brad Gerstner

    Pre-Order Runnin' Down a Dream now: https://a.co/d/0oIPPve Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they unpack the $3T AI buildout, circular revenue red flags, and whether the boom is becoming a bubble. They dive into the rise of stablecoins and the new financial rails reshaping money, the fight over AI regulation in America, and Bill’s next chapter—his new book Runnin' Down a Dream and what it means to build a career you actually love. Enjoy another episode of BG2! Timestamps: (00:00) Intro (02:00) Two Years of BG2 (03:45) Bill Stepping Back to Write His Book (06:00) Runnin' Down a Dream (07:00) The AI CapEx Bubble? (09:30) Sham vs. Real Transactions in AI (11:00) Microsoft–OpenAI Credits & Cloud Economics (13:00) Nvidia’s Investments: Healthy or Hype? (17:00) CoreWeave, Hidden Leverage & Demand Risks (19:15) $3 Trillion CapEx: Are We Overbuilding AI? (21:45) The MAG5 CapEx Surge: Too Much, Too Fast? (24:30) Meta’s CapEx Comeback & AI ROI (25:30) OpenAI’s Race for Escape Velocity (28:30) AI Regulation: State Patchwork Madness (30:30) Why Federal Preemption Is Critical (33:15) The Colorado & California AI Acts (35:00) Stablecoin Surge: $18T in Settlements (36:45) Gurley’s Crypto Conversion (38:30) From PIX to FedNow: The Future of Digital Money (41:00) Coinbase, Circle, and the 4% Yield Revolution (43:00) Why Visa & Banks Fear Stablecoins (45:00) Gurley: “I’m Jumping on the Crypto Train” (46:00) Brad on Invest America (Trump Accounts) (49:00) Implementation Timeline & Treasury Update (50:30) Bill’s Book: Runnin' Down a Dream (53:15) The Great Career Reset: Passion vs. Grind (55:00) Bezos’ Regret Minimization Framework (57:00) Who the Book Is For (59:00) Gurley’s Next Mission Show Notes: All-In Summit: Bill Gurley presents 2,851 Miles: https://www.youtube.com/watch?v=F9cO3-MLHOM Plain English: This Is How the AI Bubble Could Burst: https://podcasts.apple.com/us/podcast/this-is-how-the-ai-bubble-could-burst/id1594471023?i=1000728026459 Bezos’ Regret Minimization Framework: https://www.youtube.com/watch?v=jwG_qR6XmDQ Produced by Dan Shevchuk Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley https://x.com/bgurley BG2 Pod @bg2pod https://x.com/BG2Pod

    1 h 2 min
  2. 11 SEPT.

    Inside OpenAI Enterprise: Forward Deployed Engineering, GPT-5, and More | BG2 Guest Interview

    Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, guest host Altimeter’s Apoorv Agrawal explores how OpenAI is reshaping enterprise with Sherwin Wu, Head of Engineering OpenAI Platform, and Olivier Godement, Head of Product OpenAI Platform. From T-Mobile’s AI voice support to Amgen’s drug breakthroughs to Los Alamos’ air-gapped supercomputer—this episode dives into the real world of AI at scale. Enjoy another episode of BG2! Timestamps: (00:00) Intro (01:50) OpenAI’s Enterprise Mission: Beyond ChatGPT (06:00) Case Study: T-Mobile > Voice & Support  (11:30) Case Study: Amgen > Accelerating Drug Development (13:45) Case Study: Los Alamos National Lab  (17:00) Why 95% of AI Deployments Fail? (20:30) Physical vs Digital Autonomy: Scaffolding & Infrastructure (26:00) GPT-5: Release, Benchmarks vs Behavior (30:00) GPT-5 Feedback: Instruction Following, Hallucinations, Code Quality (33:00) Multimodality: Text, Voice, and Video (35:30) Audio: Realtime API vs Stitched Audio (38:00) Model Customization & Reinforcement Fine-Tuning (RFT) (43:00) Rapid Fire: Long/Short Picks  (1:03:00) Highlights and Lowlights @ OpenAI Show Notes: T-Mobile Partnership: https://www.t-mobile.com/news/business/t-mobile-launches-intentcx-with-openai Amgen Partnership: https://openai.com/index/gpt-5-amgen/ Los Alamos Partnership: https://www.lanl.gov/media/news/0130-open-ai MIT AI Report: https://mlq.ai/media/quarterly_decks/v0.1_State_of_AI_in_Business_2025_Report.pdf Produced by Dan Shevchuk Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley https://x.com/bgurley BG2 Pod @bg2pod https://x.com/BG2Pod Apoorv Agrawal @apoorv03 https://x.com/apoorv03 Sherwin Wu @sherwinwu https://x.com/sherwinwuOlivier Godement @oliviergodement  https://x.com/oliviergodement

    1 h 9 min
  3. 28 AOÛT

    China, China, China. Breaking Down China’s Tech Surge | BG2 w/ Bill Gurley and Brad Gerstner

    Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they dive deep into China’s explosive innovation across AI and EVs, the rise of open-source models, lessons for U.S. competitiveness, the real story on tariffs and trade—and what America must do to win the global tech race. Enjoy another episode of BG2! Timestamps: (00:00) Intro (01:20) OpenAI, Anthropic, Private Market Overheating (03:30) China's Role in the Global Tech Order (04:50) Why Bill Went to China (06:40) Dan Wang's Breakneck: Engineers vs Lawyers (10:30) Xiaomi, BYD, and Auto Innovation (14:00) Factory Productivity, Automation, and the Jobs Debate (15:20) Open Source Model Culture in China (19:30) Can the US Compete Without Reform? (23:30) Tariffs, Trade Deals, and a Path to Cooperation (28:00) Waymo, Baidu, and Cost Innovation (33:00) Is China Winning Global Trade? (36:30) Debunking the Subsidy Narrative (38:30) What the CEOs Who Visit China Actually Say (41:30) China's AI Ecosystem: DeepSeek, Qwen, Alibaba Cloud (44:00) Open Source in China and the US: Strategic Choices (48:00) VC Pullback from China & What's Still Happening on the Ground (53:00) China's New K-Visa vs US Skilled Immigration Policies (56:30) Gurley: Read Dan Wang’s Breakneck, Watch the Ground Game (01:03:00) VC Pullback from China Show Notes: Open Source Development in China https://merics.org/sites/default/files/2021-05/MERICS%20Primer%20Open%20Source%202021_0.pdf Lei Jun 2024 Annual Speech: https://www.youtube.com/live/l5f3wvLwLXY Produced by Dan Shevchuk Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley https://x.com/bgurley BG2 Pod @bg2pod https://x.com/BG2Pod

    1 h 7 min
4,7
sur 5
437 notes

À propos

Open Source bi-weekly conversation with Brad Gerstner (@altcap) & Bill Gurley (@bgurley) on all things tech, markets, investing & capitalism

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