Avi Felman × Jonah Van Bourg

Hyperscalers’ $600–700B data-center spending has largely been priced in, and cracks are shifting attention from AI demand to what AI changes across the real economy.Avi favors short Accenture and long XBI/ARKG while warning that volatile memory proxies are not the same as buying suppliers’ products; Micron earnings and biotech’s 50% drawdown test remain key risks.

Peter Diamandis × Naveen Jain × Salim Ismail × Dr. Alexander Wissner-Gross

Frontier AI is shifting from brute-force scaling toward research, self-verification, and agentic action as labs enter a potential sprint from quarterly to weekly or daily releases.The cited 57% automation exposure and 80% task-time reduction could reshape labor, productivity, energy, and fiscal policy, but the speakers remain divided over job elimination, GDP measurement, and debt discipline.

Ben Horowitz × Peter Diamandis × Salim Ismail

Washington’s shift from “complete war with the industry” to “aggressive pro-tech” could release blocked exits and revive crypto development, but Stargate’s quoted $500 million and $500 billion figures remain unclear while energy constrains AI infrastructure.DeepSeek’s roughly 100-times-lower token cost and AI-driven drug design strengthen the case for decentralized innovation, yet founders still need operational discipline, physical trials, and supply chains that remain overwhelmingly Chinese.