Jack Clark: “We send people to sell Claude, even though Claude could probably generate the text to do the sales motion. People want to do commerce with other people, so I think that there’ll be certain relationships which get mediated by people, and people will have a strong preference, probably, for deals that they make on behalf of their larger pools of capital, where the deals are done by human proxies for large automated organizations or pools of capital.”
SaaStr: “The single most reliable indicator I’ve found of which B2B companies will thrive in the next wave? How quickly their executives mobilized meaningful AI adoption. Not discussion. Not evaluation. Not roadmaps. Actual adoption.”
FT: “The clearest and most convincing account of this I have ever read comes from Andrea Frazzini, David Kabiller and Lasse Heje Pedersen of AQR Capital Management. In their paper Buffett’s Alpha they argue it comes down to doing three things. Buy high-quality, low-risk businesses at reasonable prices; use a fair amount of leverage to amplify those returns, managing the leverage carefully so you don’t go out of business; and stay in the game for a long time: “Buffett’s performance can be largely explained by exposures to value, low-risk, and quality factors . . . [and] Buffett has boosted his returns by using leverage, and that he has stuck to a good strategy for a very long time period, surviving rough periods where others might have been forced into a fire sale or a career shift. We estimate that Buffett applies a leverage of about 1.6-to-1, boosting both his risk and excess return in that proportion. Thus, his many accomplishments include having the conviction, wherewithal and skill to operate with leverage and significant risk over a number of decades.””
ET: “Agentic AI is transforming Indian SaaS and enterprise software pricing models by replacing human users with bots. Companies are shifting from per-user billing to consumption- and outcome-based pricing, including API and AI-unit models. While AI services now command premiums, some customers demand pricing certainty, prompting hybrid and bundled service offerings.”
Andy Kessler: “What America needs: zero tariffs, a robust dollar, deregulation and reduced tax rates.”
