Hemant Taneja

I just think that's a better answer than I was going to give.

What are you going to do?

My answer is the LLM hallucinations.

Because when you think about the intelligence, it's actually unreliable in a lot of ways.

Just like the music was unreliable with this.

And is that going to change fundamentally?

That's pretty good.

Yeah, well, first of all, you know, they always say all the money has been in bundling and unbundling and that is happening.

And I think it is about, if you're going to say the equivalent of this, which is about how do we go back to human connection?

and engaging in person as opposed to trying to be lonely online, being fulfilled offline.

That's probably the behavioral change that's going to happen.

What enables that, I think, is probably there is some social engineering that's going to drive that.

Valuations are a tricky topic, and I feel like they always prove out to be right or wrong in hindsight.

But if you break down the kinds of companies that get funded today, there's a ton of dollars going into a handful of big research projects.

There, the valuation, your guess is as good as mine.

It really is about ownership, and that's enough to incentivize the teams because they're research projects.

You don't know when they're going to become businesses or if they're going to become businesses.

And then there's companies where there are real use cases, applied AI use cases.

There, the valuations sound extraordinary at the moment, but the progress happens so fast in some of these companies that they grow into it fast as well.

So I think it's a nuanced dynamic.