Susan Li of Meta—the youngest chief financial officer of a Fortune 100 company—joins John Collison to talk about capital allocation, managing investors, and how Mark Zuckerberg has changed over the 17 years of working together.Timestamps01:20 - Early education and career02:15 - Lessons from Michael Grimes at Morgan Stanley03:12 - Leadership traits and succession planning at Meta06:05 - Mark Zuckerberg’s leadership and culture of feedback09:06 - Financial forecasting and capital allocation14:18 - ROI on Meta’s portfolio of bets15:05 - Investor sentiment in 202217:49 - The story behind the “free cash flow” hats18:58 - CapEx trends in the AI era21:48 - A memorable earnings call24:16 - Challenges of allocating compute vs headcount budgets 26:55 - AI’s impact on productivity and operations

Greg Brockman—OpenAI cofounder and Stripe's first engineer—joins John Collison to talk about research-driven product development, an early moment he thought OpenAI was doomed, S curves in AI advancement, and energy bottlenecks.Timestamps:02:51 - Was OpenAI the first company to take the scaling hypothesis seriously? 04:53 - Lessons from Dota about deep learning 08:08 - What is a good new Turing test?08:57 - Personalization in AI 09:57 - Research-driven product development10:26 - An early moment OpenAI felt doomed 15:01 - OS limits on AI product development17:59 - When will AI make novel advancements in math or science?20:03 - Energy bottlenecks22:30 - S curves in AI advancement 24:00 - AI coding 26:25 - Refactoring as a killer AI use case27:26 - How OpenAI decides what products to built28:53 - Growing up in North Dakota30:17 - How far away is AGI?

John sits down with founders and builders over a pint—Greg Brockman (cofounder of OpenAI), Susan Li (chief financial officer at Meta), Kyle Vogt (founder of The Bot Company and cofounder of Twitch and Cruise), and Pieter Levels (indie hacker).Watch Cheeky Pint on YouTube: https://youtube.com/@stripe.