Hi everybody. Today we are in really good company with one of the most successful entrepreneurs and venture capital investors over time. Vinod Kosla.

Vinod co-founded Sun Microsystems back in 1982 and Kozla Ventures in 2004.

And Kozla Ventures is making money in, whilst also doing good stuff for society.

So, warm welcome, Enod.

Great to be here.

You say that it is only the improbable which is important.

What do you mean by that?

You know, most in this goes immediately into my views on expert opinion.

It's very good at predicting the, an extrapolation of the past as opposed to a new kind of vision for the future.

So when you look at forecasts and predictions, only time they're important if the world changes,

if the weather changes from today to tomorrow.

But if you look at expert opinion, when Russia invaded Ukraine, experts were, this will be over in two days.

The same is true of almost all large changes.

Then the experts revised their forecast to exploit the past.

It's entrepreneurs specifically who invent the future they want and create unlikely scenarios.

Studies like Ukraine, I cite, are when the Department of Energy in the United States forecast the number of electric cars in the U.S.

In 2010, they made a 25-year-later forecast for 2025, and Elon Musk and Tesla exceeded that forecast in 2016.

So, on those trying to make a different future their vision happen is what drives change,

and they're improbable in that sense.

How do you identify these situations where

experts are totally wrong? I think it's very hard to identify precisely these situations. When we

invested in Open AI in 2018, is when we made the commitment to invest, it was hard to say

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