Tailwinds

The Economics of Generative AI: Two Years Later

Semi is a one-player game. Apps is a two-player game. Infra is the only competitive layer.

Apr 1 • Apoorv Agrawal

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March 2026

The State of Consumer AI. Part 3: Time is Money

In Part 1, I showed that ChatGPT has pulled away in usage.

Mar 30 • Apoorv Agrawal

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Conversation with Nick Turley, Head of ChatGPT

What drove ChatGPT from 0 to a billion users?

Mar 16 • Apoorv Agrawal

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The State of Consumer AI. Part 2: Engagement and Retention

Usage makes headlines. Habits build franchises.

Mar 10 • Apoorv Agrawal

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The State of Consumer AI. Part 1: Usage

Two years ago, I argued that consumer AI was heading toward a familiar endgame: distribution would trump raw model quality, and hence the incumbents…

Mar 2 • Apoorv Agrawal

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January 2026

Why we invested in Baseten

Building the inference abstraction layer

Jan 23 • Apoorv Agrawal

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Congrats Parloa!

Series D

Jan 15 • Apoorv Agrawal

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2026 Predictions!

The Year of Liquidity. $1T+ in new public market cap from AI/tech IPOs and direct listings.

Jan 13 • Apoorv Agrawal

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December 2025

The Revolut Story: A Decade of Compounding

… with many more decades to follow

Dec 18, 2025 • Apoorv Agrawal

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November 2025

Eat Pain --> Excrete Product: The FDE Playbook

A conversation with OpenAI's Head of Forward Deployed Engineering: Colin Jarvis

Nov 26, 2025 • Apoorv Agrawal

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June 2025

Music and tech innovations have a love-hate relationship

Will AI be any different?

Jun 8, 2025 • Apoorv Agrawal

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May 2025

Why Cars Drive Themselves Before Computers Do

Robocars are ready; robot secretaries aren’t… yet.

May 22, 2025 • Apoorv Agrawal

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