Feldman has an obvious stake here — Cerebras literally sells fast inference — so treat 'no ceiling' as both a thesis and a pitch. That said, the underlying pattern is hard to dismiss: for decades every drop in latency and cost has been absorbed by new use cases, and speed is exactly what agentic workflows need to feel interactive rather than sluggish. Where we'd push back is on the framing: demand may be unbounded in principle, but power grids, chip supply and unit economics can act as practical brakes long before appetite runs out. The dial-up analogy is catchy, though the real constraint in five years may be dollars per task, not tokens per second. Worth watching whether speed becomes the differentiator he bets on — or just table stakes everyone eventually gets.