Hayden Field

But yeah, it's still continuing.

That's definitely part of it.

And it's not like I think they're going to rehire everyone, all the numbers that they let go of now.

It's just I think they're going to have to they're going to.

they're basically slashing so many jobs.

I think they're going to have to, you know, bring some of them back.

Not all, but some because they typically tend to overlay off because it looks really good on the balance sheet.

Yeah, I mean, you're right in that it used to be that if you said AI, you would get so much money from investors.

Yeah, I used to like do roundups of like how many times AI was said on different earnings calls.

It was just like crazy.

But yeah, I think that right now it's like you said, it's more balanced.

I think that in some ways, it's really...

transforming stuff on the back end companies have always had way more data than they know what to do with and now they can finally use it um you know data querying startups um tools that allow you to kind of ask questions of your data and make sense of it in new ways have been on the rise for a long time but now they're kind of you know even more valuable so i think that

All the boring stuff is not really FOMO.

It's like you need to be doing it if you're a large enterprise making money, especially if you're public.

But I think they also have to lean into the FOMO of, like, the kind of glamorous, like, short-term fly-high-and-burn-out-quickly stuff just to kind of get investors' attention and seem like they're on the cutting edge of whatever is going on.

And it's the type of thing that typically, like, you know, burns really bright and then burns out kind of like Sora in a way with the Disney partnership, you know?

It's like...

you know, did we really need a category of videos on Disney Plus that were made on Sora?

I don't know that I would have watched that.