Carson Block

you know, they have flaws, they have limitations.

But I mean, previously, yeah, it was a running joke.

But, you know, what we extrapolated as humans is that the progress would be linear.

And it's not linear.

It's going to be exponential because of how they're able to develop their successors.

Now, just a little pushback.

I'm not normally a macro person, but

One thing that, as far as the great job success of the US, a lot of that's been in healthcare.

And healthcare is a really interesting sector in the US because, look, on one hand, okay, it's going to grow.

When you go back to 2000,

Information technology, and look, the way that the BLS classifies sectors is antiquated, really should be updated.

But information technology and telecommunications and healthcare are the only two sectors that have grown materially as a share of GDP.

And healthcare has grown significantly more as a share of GDP than information technology.

Is it driven by innovation?

Yeah, some.

Is it driven by demographics?

Some.

But a lot of it's driven really by the parasitic nature of this health care system, at least in the U.S., that, I mean, there's so much fraud.

There's so much inefficiency.

So, look, if you say the U.S.