Brian Stewart

What is sort of the business landscape?

Like what are their customers saying?

Are they buying more stuff?

Are they confident in the future?

Are they starting to cut back?

So I think that'll be sort of an important commentary of coming out of Salesforce that I think will be interesting for the broader market.

So I think that still looks cloudy.

We had GDP come out this week as well, up 1.4% in Q4, which is down from 4.4% in Q3.

So you see kind of a slowing economy, though, still positive, like we saw last week.

The last jobs report that came out showed better than expected job growth, some of the best job growth in a few months.

However, we saw revisions for 2025.

So honestly, it's hard to peg the labor market at this point.

I do think the AI situation is going to cause a structural labor issue that we're going to have to work out.

I think a lot of jobs that were considered kind of

premier jobs are now going to be on the chopping block.

I'm thinking of things like computer programming and things that for 20 years they said, if you want to be successful, just learn to code.

That might not be as good advice anymore now that AI can do a lot of the lower end stuff.

as an economy, we're going to have to figure it out over the coming years, really.

Because there might be a situation where if AI is taking over all these jobs, there might just be structurally higher unemployment.

And we're going to have to figure out what that means as a society.