Doug Burgum: “These models are getting better by 10x every six months.”

“There is amazing things that are happening and very few people understand how fast it's coming. These models are getting better by 10x every six months. We're not in the era of Moore's Law where it's twice as good every 18 months. Some people couldn't keep up with that and some executives ended up having their Kodak moment.” (21:29–21:33)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.