Most consensus startup intuitions are from a world that no longer exists. In this conversation, Steven Sinofsky, Martin Casado, and Erik Torenberg sit down to cover computing's new laws of physics: - 20 people can now put $1 billion to work productively - With AI, startup growth becomes a spending decision - Challengers can sit on a level playing field with giants like Microsoft and Meta - Computers are trusted with reasoning itself, no longer just labor - Nobody can predict what $20 billion of compute becomes 00:00 Intro 00:55 How mathematicians are reacting to being automated 02:45 Is AI math worth any money? 08:50 The first proof humans couldn't check 14:35 Computing before electricity 19:50 How IBM explained computers in 1953 26:00 The failed computer that birthed the web 27:50 When Harvard banned computers from exams 30:20 Is AI just another abstraction layer? 38:15 When 20 people can spend $1B productively 42:50 The zero-sum VC myth 46:25 Disruption is physics, not business school 53:25 The chip Intel called a printer part 55:05 What a $20B model can do 59:45 What Martin got wrong about AI risk YouTube: https://www.youtube.com/watch?v=GHPB1MwlKU0 @stevesi @martin_casado @eriktorenberg(a16z)