David Sacks pushes back on the AI bubble narrative and says the Corweave crash is just volatility "I would make the argument that this is just volatility, which you're going to get a lot of whenever you're underwriting to multi-trillion dollar outcomes in the future based on very rapid, exponential rates of growth." "The market is going to be super sensitive to any data points we have in the present. And so everything's gonna be exaggerated. And that's why you get these big swings." "That to me is the explanation of volatility. I don't think that something fundamental has changed. Has the demand changed? No. We know that the demand for compute just keeps growing by leaps and bounds. In fact, everyone is saying that they are compute constrained." "I mean, you got the biggest model companies are saying their compute constrained. Startups are saying it. I mean they're asking their VCs, hey, can you help us get compute. I think you've got some VCs even trying to buy compute as basically a strategy for competitive differentiation so they can help their startups." "Old GPUs, like even the H100s or the A100s, which are several generations old, they're still renting at premium prices right now. They were supposed to be fully depreciated, and they're not."