Akhil Verghese

Right.

I was, there was someone actually in London from the capital group that had kind of brought me in and was sort of getting my take on.

You know, the real world impact on enterprise that AI is having today.

And their thesis on investment and stuff like that was based on this very large picture view of the global economy, right?

So if the global economy is $120 trillion, tech is sort of defined in a million different ways.

But even if you take the broadest definition of tech, tech makes up about $16 trillion of that.

Now about half of that economy, 120 trillion is the labor economy, right?

Your salaries and things like that.

So about 55 to 60 trillion is just salaries and things like that.

Now, when you look at the AI evaluations as they are today and the projections that people are making,

They are not restricting themselves to AI gobbling up a good part of that tech economy.

They are essentially looking at AI gobbling up the 60 trillion part of the economy, right?

Or some percentage of that, because there's no way these evaluations make sense without that.

So there is no doubt in my mind that that is the goal, that some percent of that labor force economy is the goal of AI companies to gobble up.

Now the question becomes, and this is not a question that I'm qualified to answer, it definitely requires an economist, is like how much of that can you gobble up before the harmony and the balance of the system as a whole kind of falls through, right?

And what is the ideal version of it?

So the utopian version of it is anyone who doesn't want to work doesn't have to work because we've got UPI and their lives are...

comfortable, fulfilled.

They find fulfillment in their hobbies and art and family and relationships and things like that.

And then the people that do want to work, no one's working the kind of hours that we're working now.