Barry Diller

by any stretch tell you the extent of these changes, except I know they're profound.

How do you think it's going to impact the travel business?

Well, it's already impacted the travel business.

You are able now, I mean, Expedia, which is a large entity, I mean, $115 or $20 billion of sales.

It's a large enterprise.

And it is a tech company.

The things we are using AI to do now,

which did not exist, is profound in every area of our service.

It is more than likely that within a year, but I don't say that, and I think it really is probably truly within a year or so, you really will be able to have a conversation, agentic, this new word, where an agent does work for you.

will know so much about you.

It's not like they will have known that your calendar says you have to be in Las Vegas on Thursday the 20th of September and will just take care of everything for you.

Eventually that may happen, but the dialogue that you will have very soon where the agent will know so much and have such agency with you

The ability to actually complete a transaction in all its respects is not far off.

They will unless we plan it better than the next dope or a competitor of ours.

We have more information now than anybody else has.

So if we screw that up, it's on us, as they say, and we deserve to fail.

But presumably, if we are satisfying the consumer because of the data that we have, which is deep and vast—

then I think they'll continue to engage us.

They'll continue to want us to do that for them.

I think from what I know now, it is not easy today for anyone else to do that, other than our competitors can do that today.