Brad Gerstner

Okay.

You just were talking a minute ago about 5 trillion when you look at kind of global GDP.

If you did a bottoms up, can you see your way to a trillion dollars of AI driven revenues from a hundred billion over the course of the next five years?

Are we growing that fast?

In the last three or four years, maybe?

So your argument would be the probability that we're going to have a trillion dollars of AI revenues by 2030 is near certain because we're almost— Already there.

Let's just talk about incremental from where we are today.

Right.

As you do your bottoms up or your tops down, I just heard your tops down about percentage of global GDP.

What is the percentage probability that you think we'll have a glut, we'll run into a glut in the next three or four or five years?

It's a distribution of, we don't know the future, it's a distribution of probabilities.

But all this new build, right, when we're talking about trillions, we're investing ahead of where we are.

You know, is that like at will?

Are you obliged to invest the money, even if you see a slowdown or a kind of a glut coming?

Or is this one of these things that you're just waving the flag to the ecosystem to say, get out and build.

And at some point in time, if we see some of this slowdown, we can always pull back on the level of investment.

Satya last year seemed to be pulling back a little bit, you know, seemed to be, you know, some people called him the adult in the room, tamping down kind of some of these expectations.

A few weeks ago, he said, hey, I've also built two gigs this year, and we're going to accelerate in the future.

Do you see some of the traditional hyperscalers that may have been moving a little slower than let's call it a CoreWeave or Elon X, or maybe a little slower than Stargate?

For sure.