Catherine Doyle

But the bottom line is we have a critical mass of people right now in our economy, citizens using AI, which bodes really well for our familiarity with the technology as we step into this space.

It's really good to see that we're taking that step already.

So, look, I can't comment on global stocks or what might happen there.

But from a bubble point of view, I don't think so.

So if we think about what AI is versus what other technologies were, if we look at things like the Internet, we had the Internet for roughly about, what, between six and eight years before we figured out how to commercialize it.

Because there was structures, et cetera, behind it, you know, from a financial services point of view that needed to be put in place that weren't in place.

So when the Internet started, it was a repository of information more than a commercial tool.

But AI is not a technology tool.

It's a general purpose technology.

And so it's not something that is delivered by the technical people within any business or organization.

It is something that is going to diffuse information.

into everything that we do.

And on that basis, it is a transformative technology.

And it's called general purpose because that is what it will be.

It will go into basically everything that we do.

And we've seen that acceleration already in Ireland and globally.

And I think some of the reasons why, you know, people are sceptical is is we're stepping into this and we don't have anything to reference it back to back from.

Like we don't have.

Well, when we did this last time, this is what we did.

This is new.