{
  "generatedAt": "2026-10-08T17:44:57Z",
  "disclaimer": "Analysis and opinion, not investment advice.",
  "kind": "person",
  "slug": "david-george",
  "name": "David George",
  "role": "a16z",
  "url": "https://deepstack.ltd/people/david-george/",
  "api": "https://deepstack.ltd/api/v1/entities/people/david-george.json",
  "summary": "David George appears in Part 9, Part 10 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It.; Part 10: The Bubble Is in the Denominator. Argued in Part 9 (Still a demo), Part 9 (The owner of the agent), Part 10 (Still renting at January prices).",
  "parts": [
    {
      "part": 9,
      "headline": "Habit Was the Moat. Agents Are Draining It.",
      "url": "https://deepstack.ltd/stories/habit-was-the-moat/"
    },
    {
      "part": 10,
      "headline": "The Bubble Is in the Denominator",
      "url": "https://deepstack.ltd/stories/the-bubble-is-in-the-denominator/"
    }
  ],
  "numbers": [],
  "mentions": [
    {
      "part": 9,
      "section": "The first bill",
      "excerpt": "David George, Sternstein’s colleague, counts barely 2% of US households paying for an AI service as of April.",
      "url": "https://deepstack.ltd/stories/habit-was-the-moat/"
    },
    {
      "part": 9,
      "section": "The tollbooth shifts",
      "excerpt": "David George sees a Red Queen’s Race at the model layer: switching is easy down to the task, so distribution and the ability to create new kinds of customers matter more than price.",
      "url": "https://deepstack.ltd/stories/habit-was-the-moat/"
    },
    {
      "part": 10,
      "section": "A cheap top",
      "excerpt": "Michael Howell of Capital Wars says he underestimated AI spending’s lift to earnings; David George at a16z credits technology with about 76% of S&P 500 profit growth through late August.",
      "url": "https://deepstack.ltd/stories/the-bubble-is-in-the-denominator/"
    },
    {
      "part": 10,
      "section": "A cheap top",
      "excerpt": "David George says rental rates and residual values were supposed to fall but have not; A100 rental prices are no lower than in January.",
      "url": "https://deepstack.ltd/stories/the-bubble-is-in-the-denominator/"
    }
  ],
  "sides": [
    {
      "part": 9,
      "question": null,
      "side": "still-a-demo",
      "sideLabel": "Still a demo",
      "claim": "The creators argue OpenAI will prevail not because of best models, chips, cost-performance curve or even best product — though they think OpenAI has those — but because it is so good at creating new kinds of customers and has the most durable…",
      "date": "2026-09-28",
      "url": "https://www.a16z.news/p/openai-understands-something-important",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/habit-was-the-moat/",
      "sidesUrl": "https://deepstack.ltd/sides/habit-was-the-moat/"
    },
    {
      "part": 9,
      "question": null,
      "side": "still-a-demo",
      "sideLabel": "Still a demo",
      "claim": "As of September 2026, the creators say intelligence-as-a-service product rankings are no longer the most important question; intelligence is everywhere and nearly anyone can do nearly anything, yet most people aren't yet, so awakening new behavior…",
      "date": "2026-09-28",
      "url": "https://www.a16z.news/p/openai-understands-something-important",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/habit-was-the-moat/",
      "sidesUrl": "https://deepstack.ltd/sides/habit-was-the-moat/"
    },
    {
      "part": 9,
      "question": "who-collects",
      "side": "owner-of-the-agent",
      "sideLabel": "The owner of the agent",
      "claim": "As of April, barely about 2% of US households were paying for some AI service; the number is higher now and growing, but still tiny in the big scheme of things.",
      "date": "2026-09-30",
      "url": "https://www.a16z.news/p/state-of-markets-ii",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/habit-was-the-moat/",
      "sidesUrl": "https://deepstack.ltd/sides/habit-was-the-moat/"
    },
    {
      "part": 9,
      "question": "who-collects",
      "side": "owner-of-the-agent",
      "sideLabel": "The owner of the agent",
      "claim": "While nearly 30% of S&P 500 companies report some quantifiable impact of AI, only about 2% report any tracked metric, and similarly only a tiny share of the overall userbase is meaningfully deploying agentic use-cases at scale.",
      "date": "2026-09-30",
      "url": "https://www.a16z.news/p/state-of-markets-ii",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/habit-was-the-moat/",
      "sidesUrl": "https://deepstack.ltd/sides/habit-was-the-moat/"
    },
    {
      "part": 10,
      "question": null,
      "side": "renting-at-january-prices",
      "sideLabel": "Still renting at January prices",
      "claim": "Since 2023, tech has been the earnings growth story, contributing about 76% of the S&P 500's total earnings growth in 2026 as of late August.",
      "date": "2026-09-30",
      "url": "https://www.a16z.news/p/state-of-markets-ii",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/the-bubble-is-in-the-denominator/",
      "sidesUrl": "https://deepstack.ltd/sides/the-bubble-is-in-the-denominator/"
    }
  ],
  "coverage": {
    "creators": 0,
    "claims": 115,
    "texts": 11,
    "asOf": "2026-10-08"
  },
  "lastUpdated": "2026-10-08"
}