Asit Sharma

Well, Travis, for the large part, the companies that you mentioned use their cash flow and their balance sheets.

Maybe not Shopify's more of a cash flow story, but many of those retailers use their resources to invest in distribution, to invest in logistics.

that enabled them to take advantage of this explosion in online commerce.

We have AI now as a theme.

I think they'll continue to benefit because it's the Walmarts of the world, the Etsy's, the Shopify's, the targets that are cutting deals for conversational commerce.

In other words, making deals with ChatGPT so that they can sell within that huge funnel.

I don't want to reduce ChatGPT to a marketing funnel.

But that's hardly going to be their destiny.

We'll see smaller retails also play this game because ChatGPT, OpenAI have such a desperate need to monetize all their investments.

Little fish will be able to play in this game, but that's something that you'll need to do if you're a retailer.

You'll need to understand how you reach consumers at the point of consumption, which

in the future is not even going to be search or a website, but it's going to be that input box for whatever LLM you're using.

For all of my apparent cynicism so far in this podcast, there are a lot of things I'm grateful for that I'm thankful for, Travis.

One of them is that I live in a very advanced and wealthy society where there are numerous opportunities to carve out your destiny.

I know that's changed from

decades ago and maybe even a few years ago.

I do feel it's harder in this age to pursue and realize your dreams, but it's still possible.

And I think the ability to make a good life for yourself and maybe those you love is important to most of us.

So I'm thankful to be here.

And I'm also thankful for just small moments of introspection.