AP Another Podcast

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Another Podcast

If you're looking for another over-scripted and edited podcast, this is not it. But if you want to listen to honest and unfiltered discussions about the latest in tech and its impact on society, welcome, you have come to the right place. This is Another Podcast where two friends and colleagues discuss their overlapping experiences and perspectives on what happens in technology. We might know some of the same things, yet we also have different backgrounds and expertise, or at least, we ask different questions. Benedict Evans has worked in equity research, strategy and venture capital and owns l...

Website ↗ Last published 3 November 2026 103 posts collected by Sputnik

Said on Another Podcast

“There are two fundamental changes in AI this year. One is the massive product-market fit for software development. The other is that the capex is outgrowing the free cash flows at the hyperscalers. So they can no longer fund this out of their existing businesses… that now means it matters what the capital markets think, which it didn't in 2024.” — Benedict Evans, Another Podcast
Benedict Evans · 3 Nov 2026 Listen →
“There's this slightly bizarre argument from NVIDIA that the chips are fungible, so if this NeoCloud goes out of business, they can sell the chips. But if they've gone out of business, it's because you can't pay the interest by selling the chips. Imagine I'm an Uber driver and I've bought a car with a loan, but I can't get enough Uber rides to pay it. The person who sold me the car says, that's okay, somebody else could drive the Uber. No, that's not why I can't pay off the loan. There aren't enough Uber rides.” — Benedict Evans, Another Podcast
Benedict Evans · 3 Nov 2026 Listen →
“Anthropic's R&D is 59.5% of revenue in H1. Google was 9.5%, Meta 10.5%. So add the two together, 75% of revenue is going on running the existing model and building the next model. And 80% of Q3 revenue came from models built in the last six months. So people compare this to a mining company: running a gold mine is really profitable, but you've got to dig another one, and for Anthropic the gold mine only lasts six or eight months.” — Benedict Evans, Another Podcast
Benedict Evans · 3 Nov 2026 Listen →
“You have pricing power in the sense that an oil company has pricing power. There is shortage. I can name my price. But you don't have pricing power in the sense that people have to buy my oil and not their oil because it's all the same.” — Benedict Evans, Another Podcast
Benedict Evans · 3 Nov 2026 Listen →

Recent Episodes

  1. 3 Nov 2026

    Anthropic

  2. 20 Sep 2026

    Looking for friction

  3. 16 Aug 2026

    AI deployment

  4. 24 Jul 2026

    Most people and companies aren't tool-builders

  5. 15 Jul 2026

    Token pricing

  6. 5 Jun 2026

    The spring updates on AI

  7. 16 Apr 2026

    What jobs are AI jobs?

  8. 28 Feb 2026

    The end of the network effect

  9. 23 Feb 2026

    AI and SaaS

  10. 20 Dec 2025

    How does OpenAI compete?

  11. 16 Nov 2025

    The AI presentation

  12. 21 Aug 2025

    A double episode: AI differentiation, and Apple does F1

Guests

Leonard Brody .