Short answer: Jordan Metzner argues that businesses moving from zero to several Nvidia chips, plus AI video, could make Nvidia undervalued. Hooman Radfar counters that people said the same about Intel before it was commoditized.
Watch this answer from Episode 14 (starts at 27:55) · Episode 14 notes and transcript
From Episode 14: Inside the $1.4 Trillion Solopreneur Market + the Tools We Built (ft. Hooman, Collective CEO), starting at 27:55.
Jordan Metzner [27:54]: Okay. Well, let me just present an alternative here, though, just on this one argument here. And I don't know if I'm right or wrong here, but, if we just take collective as an example and you try to extrapolate the amount of AI you've applied into your business, and then you say, okay. Well, like, how many NVIDIA servers am I using right now to support these things. Right? You've got your customer service bot. You've got your, a few other small things. You've got your categorization bot that's going. Right? So let's say you're using like one or two NVIDIA servers. Right? As you start to implement some of these additional servers, we're gonna see that your consumption of NVIDIA servers, especially as your business grows on top of that, is gonna be maybe five a month, or 10 a month, or even 20, or 30 a month. Right? And now extrapolate that to all these businesses who are currently playing maybe zero AI inside their organization and will start to apply some AI. And even if they're slow, I mean, like, the largest of companies.
Jordan Metzner [28:46]: Right? Even if they start to apply and they go from, zero NVIDIA, chips concurrently running to one or two to three or four. Right? That times the scale of all of these businesses could be massive. And I think to your point about how many small businesses there are, if each of those is using, a half a chip a month or a chip a month. Right? How big does this become? And, my final point on this is I think NVIDIA just announced some new, like, video chip, and, we've seen how good, like, Veo 3 is and things like that. But, obviously, none of it is good enough to make, like, production quality television at scale. It's getting close. It's getting close. But you can imagine that a chip that comes out in two years and how much content creation that could generate, and then how much content consumption that can generate. And so, like, everyone becomes a content producer. And so, maybe you see downstream that, like, actually, NVIDIA is, like, actually undervalued. And that maybe, Google and these other guys can never catch up, and they can never build a chip that's that will be as good.
Jordan Metzner [29:42]: And these guys will just own and dominate the market almost the same way that Apple dominated the phone market in The United States. Right?
Hooman Radfar [29:48]: Well, I mean, the I'll give you two counterpoints to think about. Everyone said the same thing about Intel, and then what happened? Right? It does get commoditized. It does fall if they miss a couple bumps. So I don't think that they have a completely career path. Now you have an amazing leader in Jensen, very forward thinking. I don't wanna say that and then I don't know if the space is the same. Right? So that's one area. My argument is not that I think you're right. There will be more consumption of AI. NVIDIA can be more important. Right? So I'm not betting against NVIDIA.
