FSD: Thoughts on AGI

Podcast: Lumida Wealth : Non-Consensus Invest Beyond the Ordinary · Ram Ahluwalia

Opublikowano: 2026-09-09

In this FSD episode, titled AGI Just Passed the CAPTCHA Test, Ram Ahluwalia takes apart the claim that AGI has arrived. He reads Jensen Huang's declaration as positioning rather than analysis, given Nvidia's incentive to pat its largest customers on the back and to move before AMD does. The test the industry actually cleared, he says, was the CAPTCHA test. AGI is a far higher bar than telling a bus from a not bus. The margin story is the sharper one. Open source models are caustic for the economics of Anthropic and OpenAI, and Ram expects a...