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▲ anoojb 6 days ago

The common trope is, "keep an eye on what the rich want."

Gary is rich. Let's assume now, he spends between $10-20K/month USD on tokens. Whether he gets overwhelming tangible value out of that token spend is immaterial.

What he's getting out of it is a mix of social signaling value and actual perceived productivity. I don't know, but I doubt he has measuring the ROI on the token investment.

Much like someone gets various kinds of value out of a a personal tutor for their child. Or a high powered executive who continues to request budget for a "Chief of Staff" and related personnel in 2026.

The question is whether this is signal, or noise. Will everyone who has the budget aspire to spend money on tokens as a subtle way of projecting value with some tangible benefit? How long of a runway does this have?

Much like a Chief of Staff office, there's more to manage...but you you get some tangible benefit by having people to whom you can [in theory] delegate tasks and trust they will be completed. To some degree none of this matters, value is in the eye of the beholder.

What a time to be alive. Rich people continue to spend money with abandon, just on different things.

Edit: I work at technology company. If I were spending $10-20K/month USD in tokens I would immediately get flagged by Finance and receive a note from my EVPs Chief of Staff/Business Admin. My usage and prompts would get audited and I would be asked to create a report justifying the business impact of the spend.

▲rcko 6 days ago | parent | next [-]

Note, however, that Garry also holds a much longer lever in his hands. It's very likely that he does get a huge ROI from the token spend because if it helps him make just one slightly better investment decision per year, that's millions in return.

▲anoojb 6 days ago | parent [-]

The rich always have leverage. The questions I'm asking are broader market questions...

Does it matter that he's spending this much money on tokens? What's the derived signal? Why isn't he spending more?! Spend on intelligence seems to have no limit, and he's rich after all right? What's the limiting rate of return on token spend for the rich? Does Gary represent an archetype of other rich people who also want to spend money on tokens at that rate? ...if not more?!

▲bix6 6 days ago | parent | prev [-]

He has a vested interest in hyping AI / spend because YC overwhelmingly invests in AI startups.