ChatGPT – The Super Assistant Era | BG2 Guest Interview

Bullish:

• $OPENAI - OpenAI's ChatGPT has achieved 900 million weekly active users with exceptional retention curves and is positioned to reach billions more users through product evolution and reasoning capabilities.

  • “You you guys are at 900,000,000 VT active users now, and that growth has been incredible.”

    Apoorv·0:26

  • “We've got about 10% of the world coming to us now, 90% left to go. Right? There's so much more opportunity.”

    Nick·0:35

  • “I care a lot about long term retention and I would put all my points there because I'm really proud of the retention stats we have.”

    Nick·3:50

  • “The retention curve for Chad GPT are smiling. Look at that, just like that. And that a very rare occurrence as we know.”

    Apoorv·4:51

  • “I fundamentally believe that reasoning, it's transformative.”

    Nick·13:15
• $NVDA - GPU demand continues to grow exponentially as AI value per user increases, with no line of sight to when GPU constraints will ease.

  • “demand keeps going up even as prices go down.”

    Nick·39:59

  • “when you just look at token consumption per user, especially in the enterprise too, is a massive opportunity, you see a lot of very GPU hungry workflows”

    Nick·39:45

  • “the other takeaway that I had is you don't have line of sight to a time when you won't have that problem.”

    Apoorv·39:14

  • “GPUs are zero sum, and if you don't have more GPUs, you really have to figure out how do you bake very, very hard trades”

    Nick·40:36

Bearish:

• $GOOGL - Despite Google's massive distribution advantage with billions of users, they failed to capture the consumer AI market that ChatGPT now dominates.

  • “I was like, well, AI, Meta has all the distribution. Google's got all the distribution. They've got three, four billion users. Well, it'd be a flick of a switch for them to roll out their AI, but I was wrong. That's not what happened.”

    Apoorv·7:08

  • “Clearly, distribution was not enough. Right?”

    Apoorv·7:27
• $META - Meta's distribution advantage proved insufficient in the AI race despite having billions of users, as ChatGPT captured the market.

  • “I was like, well, AI, Meta has all the distribution. Google's got all the distribution. They've got three, four billion users. Well, it'd be a flick of a switch for them to roll out their AI, but I was wrong. That's not what happened.”

    Apoorv·7:08