# The big questions about AI Markdown copy of https://realalpha.app/q/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy. Questions What the people building AI say about the questions everyone asks, in their own words: every answer a dated moment from a long interview, with the quote and the video. ## Money and markets 1. **[Is AI a bubble?](https://realalpha.app/q/is-ai-a-bubble/)** 7 moments · latest Oct 21, 2026 - [Not a bubble 6](https://realalpha.app/q/is-ai-a-bubble/#no) - [Sundar Pichai](https://realalpha.app/s/google-justifies-ai-spending-with-demand-and-capability/) - [Jensen Huang ×3](https://realalpha.app/s/nvidia-demand-rests-on-three-segments-not-two-ai-labs/) - [Mark Zuckerberg](https://realalpha.app/s/why-metas-compute-bet-is-less-risky-than-the-100b-headline/) - [Brad Gerstner](https://realalpha.app/s/why-1-5t-of-ai-capex-can-still-pencil-out-against-300b-of/) - [Partly a bubble 1](https://realalpha.app/q/is-ai-a-bubble/#partly) - [Satya Nadella](https://realalpha.app/s/compute-demand-depends-on-price-and-a-glut-will-come/) 2. **[Is SaaS dead?](https://realalpha.app/q/is-saas-dead/)** 5 moments · latest Oct 22, 2026 - [SaaS changes 4](https://realalpha.app/q/is-saas-dead/#changing) - [Nikesh Arora](https://realalpha.app/s/ai-could-consolidate-hundreds-of-enterprise-software-vendors/) - [David Sacks](https://realalpha.app/s/ai-can-lower-software-prices-while-expanding-software-demand/) - [Guillermo Rauch](https://realalpha.app/s/coding-agents-make-personalized-software-viable/) - [Satya Nadella](https://realalpha.app/s/saas-will-survive-ai-if-it-is-low-arpu-and-high-usage/) - [SaaS survives 1](https://realalpha.app/q/is-saas-dead/#surviving) - [Matt Hartman](https://realalpha.app/s/vibe-coding-his-own-app-taught-an-investor-why-saas-still/) 3. **[Is AI paying off for companies?](https://realalpha.app/q/is-ai-paying-off/)** 9 moments · latest Oct 22, 2026 - [It’s paying off 6](https://realalpha.app/q/is-ai-paying-off/#yes) - [Pierre Stock](https://realalpha.app/s/mistral-says-its-models-speed-senior-researchers-up-two-to/) - [Arvind Krishna](https://realalpha.app/s/ai-written-code-can-outperform-when-agents-run-evals/) - [Jad Naous](https://realalpha.app/s/ai-cut-a-complex-data-lake-project-from-six-months-to-ten/) - [Jason Ma](https://realalpha.app/s/multi-site-rollouts-not-pilots-prove-a-robot-creates-value/) - [Jeanne Grosser](https://realalpha.app/s/vercel-runs-support-bdr-and-revops-with-agents/) - [Thomas Laffont](https://realalpha.app/s/headcount-is-flat-while-revenue-grows-at-mag7-and-applovin/) - [Pays off in places 3](https://realalpha.app/q/is-ai-paying-off/#partly) - [Alex Danilowicz](https://realalpha.app/s/bring-company-context-into-ai-design-before-prompting/) - [Uday Kiran Medisetty](https://realalpha.app/s/uber-is-shifting-from-diff-counts-to-feature-velocity/) - [Nilay Patel](https://realalpha.app/s/enterprise-users-tolerate-brittle-agents-consumers-walk-away/) 4. **[How do AI companies make money?](https://realalpha.app/q/how-do-ai-companies-make-money/)** 8 moments · latest Oct 23, 2026 - [A good business 2](https://realalpha.app/q/how-do-ai-companies-make-money/#good) - [Misha Laskin](https://realalpha.app/s/ai-provider-revenue-depends-on-compute-intelligence-and/) - [Brad Gerstner](https://realalpha.app/s/why-1-5t-of-ai-capex-can-still-pencil-out-against-300b-of/) - [The model is changing 6](https://realalpha.app/q/how-do-ai-companies-make-money/#changing) - [Rory O'Driscoll](https://realalpha.app/s/inference-providers-may-capture-spend-beyond-model-makers/) - [Misha Laskin ×3](https://realalpha.app/s/enterprises-rent-intelligence-first-then-want-to-own-it/) - [Nilay Patel](https://realalpha.app/s/meta-can-fund-free-agents-with-ads-while-openai-cannot/) - [Daron Acemoğlu](https://realalpha.app/s/the-money-in-ai-is-in-data-and-applications-not-models/) ## Work and jobs 1. **[Which jobs will AI replace, and which are safe?](https://realalpha.app/q/which-jobs-will-ai-replace/)** 14 moments · latest Oct 22, 2026 - [Jobs AI will replace 2](https://realalpha.app/q/which-jobs-will-ai-replace/#replaced) - [Alex Karp](https://realalpha.app/s/ai-firms-risk-nationalization-if-they-ignore-public-concerns/) - [Thomas Laffont](https://realalpha.app/s/headcount-is-flat-while-revenue-grows-at-mag7-and-applovin/) - [Jobs that change 11](https://realalpha.app/q/which-jobs-will-ai-replace/#changed) - [Felix Rieseberg](https://realalpha.app/s/ai-shifts-managers-from-directing-work-to-enabling-it/) - [Jad Naous ×2](https://realalpha.app/s/ai-cut-a-complex-data-lake-project-from-six-months-to-ten/) - [Han Wang](https://realalpha.app/s/good-docs-need-structure-even-as-agents-take-over-writing/) - [Guillermo Rauch ×2](https://realalpha.app/s/engineers-should-manage-agents-not-blindly-ship-their-code/) - [Ali Ansari](https://realalpha.app/s/human-expertise-must-keep-updating-ai-models/) - [Uday Kiran Medisetty ×2](https://realalpha.app/s/uber-still-requires-human-review-on-every-pr/) - [+2 more](https://realalpha.app/q/which-jobs-will-ai-replace/#changed) - [Jobs that are safe or grow 1](https://realalpha.app/q/which-jobs-will-ai-replace/#safe) - [David Friedberg](https://realalpha.app/s/math-proofs-fall-fastest-where-the-whole-test-loop-runs-in/) 2. **[Will AI replace software engineers?](https://realalpha.app/q/will-ai-replace-software-engineers/)** 7 moments · latest Oct 20, 2026 - [The job changes 7](https://realalpha.app/q/will-ai-replace-software-engineers/#changed) - [Jad Naous ×2](https://realalpha.app/s/ai-cut-a-complex-data-lake-project-from-six-months-to-ten/) - [Guillermo Rauch ×2](https://realalpha.app/s/engineers-should-manage-agents-not-blindly-ship-their-code/) - [Uday Kiran Medisetty ×2](https://realalpha.app/s/uber-still-requires-human-review-on-every-pr/) - [Yann LeCun](https://realalpha.app/s/llms-excel-only-where-language-is-the-substrate-of-reasoning/) ## Agents and software 1. **[Are AI agents ready for real work?](https://realalpha.app/q/are-ai-agents-ready/)** 26 moments · latest Oct 22, 2026 - [Ready for some work 24](https://realalpha.app/q/are-ai-agents-ready/#some) - [Pierre Stock](https://realalpha.app/s/mistral-says-its-models-speed-senior-researchers-up-two-to/) - [Arvind Krishna](https://realalpha.app/s/ai-written-code-can-outperform-when-agents-run-evals/) - [Sundar Pichai](https://realalpha.app/s/pichai-expects-a-productivity-leap-from-ai-agents-in-2027/) - [Bernardo Aceituno](https://realalpha.app/s/enterprise-agi-is-changing-the-challenge-from-capability-to/) - [Jad Naous ×2](https://realalpha.app/s/ai-cut-a-complex-data-lake-project-from-six-months-to-ten/) - [Han Wang ×2](https://realalpha.app/s/agents-automate-code-but-still-face-business-decisions/) - [+13 more](https://realalpha.app/q/are-ai-agents-ready/#some) - [Not yet 2](https://realalpha.app/q/are-ai-agents-ready/#not-yet) - [Diogo Almeida ×2](https://realalpha.app/s/rlhf-made-models-pleasing-but-raised-automation-expectations/) ## Models and the race 1. **[Is open-source AI catching up?](https://realalpha.app/q/is-open-source-ai-catching-up/)** 5 moments · latest Oct 22, 2026 - [Close behind 4](https://realalpha.app/q/is-open-source-ai-catching-up/#close) - [George Kurtz](https://realalpha.app/s/enterprises-may-reserve-frontier-models-for-their-hardest/) - [Arvind Krishna](https://realalpha.app/s/open-weight-models-could-handle-most-enterprise-ai-at-lower/) - [Guillermo Rauch](https://realalpha.app/s/open-models-now-handle-most-token-traffic-on-vercel/) - [John Coogan](https://realalpha.app/s/open-source-models-trail-closed-ones-by-about-six-months/) - [Behind but useful 1](https://realalpha.app/q/is-open-source-ai-catching-up/#behind) - [Gavin Baker](https://realalpha.app/s/frontier-labs-capture-the-revenue-but-open-source-may-carry/) ## Chips and power 1. **[Is there enough power for AI?](https://realalpha.app/q/is-there-enough-power-for-ai/)** 7 moments · latest Oct 22, 2026 - [Power is the bottleneck 6](https://realalpha.app/q/is-there-enough-power-for-ai/#bottleneck) - [Chamath Palihapitiya](https://realalpha.app/s/power-shortages-will-constrain-ai-more-than-chips/) - [Aravind Srinivas](https://realalpha.app/s/long-context-agents-make-local-hardware-cost-competitive/) - [Pat Gelsinger](https://realalpha.app/s/energy-capacity-will-cap-the-ai-buildout/) - [Misha Laskin](https://realalpha.app/s/data-center-owners-need-open-models-and-a-software-partner/) - [Satya Nadella](https://realalpha.app/s/compute-demand-depends-on-price-and-a-glut-will-come/) - [Jensen Huang](https://realalpha.app/s/why-even-free-asics-lose-to-nvidia-when-power-is-the-limit/) - [Not the problem 1](https://realalpha.app/q/is-there-enough-power-for-ai/#enough) - [Jensen Huang](https://realalpha.app/s/the-power-grid-sits-mostly-idle-and-data-centers-could-use/) ## Risk and rules 1. **[Is AI dangerous?](https://realalpha.app/q/is-ai-dangerous/)** 15 moments · latest Oct 22, 2026 - [A serious risk 8](https://realalpha.app/q/is-ai-dangerous/#serious) - [Nikesh Arora](https://realalpha.app/s/ai-vulnerability-findings-create-an-asymmetric-race/) - [Tiago Sada](https://realalpha.app/s/real-time-deepfakes-can-cause-lasting-financial-damage/) - [Ethan Elasky ×2](https://realalpha.app/s/more-capable-models-can-produce-new-forms-of-misalignment/) - [Nathan Lambert](https://realalpha.app/s/scaling-laws-argue-against-a-fast-takeoff-but-cyber-risk-is/) - [John Coogan](https://realalpha.app/s/locking-down-open-source-clashes-with-cryptos-libertarian/) - [Thariq Shihipar](https://realalpha.app/s/agents-hacked-their-scorer-and-chained-exploits-to/) - [+1 more](https://realalpha.app/q/is-ai-dangerous/#serious) - [Real but manageable 7](https://realalpha.app/q/is-ai-dangerous/#manageable) - [Pierre Stock ×2](https://realalpha.app/s/a-model-pinged-its-trainer-from-inside-a-sandbox/) - [Nenad Tomašev](https://realalpha.app/s/agent-swarms-need-structure-to-stay-manageable/) - [Devon Thomas](https://realalpha.app/s/access-limits-can-reduce-misuse-but-cannot-eliminate-it/) - [Jensen Huang](https://realalpha.app/s/ai-safety-is-an-engineering-problem-containment-and-out-of/) - [Alan Chan ×2](https://realalpha.app/s/why-an-ai-takeover-is-much-harder-than-the-rogue-agent-panic/) 2. **[Will AI make cyberattacks worse?](https://realalpha.app/q/will-ai-make-cyberattacks-worse/)** 8 moments · latest Oct 22, 2026 - [Attackers gain 4](https://realalpha.app/q/will-ai-make-cyberattacks-worse/#attackers) - [George Kurtz](https://realalpha.app/s/ai-attacks-raise-the-pace-not-create-a-new-attack-class/) - [Nikesh Arora](https://realalpha.app/s/ai-vulnerability-findings-create-an-asymmetric-race/) - [Kevin Mandia ×2](https://realalpha.app/s/ai-has-to-take-over-the-detect-and-respond-loop/) - [Both sides gain 1](https://realalpha.app/q/will-ai-make-cyberattacks-worse/#both) - [Guillermo Rauch](https://realalpha.app/s/a-public-challenge-helped-test-vercels-agent-sandbox/) - [Defenders gain 3](https://realalpha.app/q/will-ai-make-cyberattacks-worse/#defenders) - [Devon Thomas](https://realalpha.app/s/defenders-need-to-test-systems-before-attackers-do/) - [Greg Brockman](https://realalpha.app/s/ai-gives-defenders-a-window-to-find-and-fix-security-flaws/) - [Yinon Costica](https://realalpha.app/s/ai-can-give-defenders-a-compounding-advantage/) ## What comes next 1. **[What will AI look like in the next few years?](https://realalpha.app/q/ai-predictions/)** 25 moments · latest Oct 22, 2026 - [In a year or two 18](https://realalpha.app/q/ai-predictions/#near) - [Marc Andreessen](https://realalpha.app/s/ai-is-widening-the-gap-between-startups-and-incumbents/) - [Pierre Stock](https://realalpha.app/s/mistral-says-its-models-speed-senior-researchers-up-two-to/) - [Ivan Burazin](https://realalpha.app/s/real-world-ai-will-become-more-visible-in-san-francisco/) - [Tanishq Abraham ×2](https://realalpha.app/s/cancer-ai-tools-could-reach-clinical-trials-within-a-year/) - [Tiago Sada](https://realalpha.app/s/agents-could-prove-they-act-for-a-specific-human/) - [Josh Gao](https://realalpha.app/s/constrained-jobs-will-come-before-household-robots/) - [+9 more](https://realalpha.app/q/ai-predictions/#near) - [Within five years 1](https://realalpha.app/q/ai-predictions/#mid) - [Alex Reeves](https://realalpha.app/s/a-coordinated-effort-could-map-cellular-health-and-disease/) - [Ten years and more 6](https://realalpha.app/q/ai-predictions/#far) - [Chris Dixon](https://realalpha.app/s/ai-agents-may-become-the-internets-most-numerous/) - [Sergey Levine](https://realalpha.app/s/general-purpose-robots-can-bootstrap-their-own-data/) - [George Kurtz](https://realalpha.app/s/enterprises-may-reserve-frontier-models-for-their-hardest/) - [Chamath Palihapitiya](https://realalpha.app/s/power-shortages-will-constrain-ai-more-than-chips/) - [Alexander Wissner-Gross](https://realalpha.app/s/math-is-bulk-solved-first-because-it-is-easiest-to-verify/) - [Jakub Pachocki](https://realalpha.app/s/in-context-learning-may-beat-custom-rl-for-most-companies/)