The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Like at some point, people will just be comfortable and like, let the machine press the button, right?
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Yeah.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And also, I've talked to a lot of financial advisors.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
We built this AI CFO product.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And one of the things that's interesting with the RIAs is it's very split.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Half of them are like, you know, you AI people are idiots and you're going to try to automate my job.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And, you know, they're all kind of hung up.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
But the other half,
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Or like, hey, this is a tool to make me better at serving my client.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And so the truth is probably somewhere in between.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Like it is helpful, but also will automate some of the job.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
But it is very interesting to see what my experience has been is the people who want to embrace it tend to have bigger businesses than the people who are like a little bit more, you know, protecting the old school way.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
You know what's funny is I talked to Ben Serra.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
He's the one who's doing Pulsia, you know, the company that's got millions of revenue and no employees or whatever.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And I asked him, you know, what is your day like?
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
Like if everything is automated, like what do you do all day?
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And in hindsight, it was an obvious answer.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
He's like, oh, I just focus on marketing.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
He's just like, all of this is automated.
The Pomp Podcast
Robinhood’s Big Bet on Crypto, AI & Tokenized Stocks | Johann Kerbrat
And so it's all about distribution, which if you've ever built a company before, you're like, yeah, distribution is really, really important.