Azeem Azhar

And as you start to get more and more value from the output, you're willing to pay more.

And I think that for a lot of companies, and maybe this is true for many investors who are still sagging on a Microsoft Copilot license.

They've never really had the breakthrough moment of getting Claude Cowork to do 10 hours of tedious manual work in, as Jaime points out, 35, 40 minutes while you go off and do something else.

And once you do that, you sit and you say, well, actually, it's worth paying 75 pounds or 100 bucks a month for Claude Max in order to take this opportunity.

off my desk.

And so when I looked at what happened in the markets this week, this was an overreaction.

I mean, the market is always right.

So let's just sort of get this right.

Market is never wrong.

You can never bet against the market.

They will always stay solvent longer than you will.

However, with that said, they didn't get...

the demand growth.

They didn't get the way in which the demand is outstripping supply.

They didn't get how much more we were going to demand as these models get better.

I mean, the moment a model can work for 20 hours, I can tell you, I mean, I will be running hundreds of these things because I've got a lot of work to get through and I'll be, you know, saying, Hannah, how many models are you running?

I think I've probably sent that to you already.

We just introduced a

If you don't max out your clawed usage at least once a month, you lose clawed maxes a tier.

You've got to be maxing these things out because they're so powerful.