Jason Hall

Yes, that includes search.

That includes AI in the cloud.

But it's basically got a Netflix bolted onto it with YouTube.

And it's a cool little thing with YouTube is it's a much lower risk content development engine because it shares in the profits with content creators.

By the way, it's emerged as one of the largest cable TV companies in the U.S., too, with YouTube TV.

We continue to creep closer to autonomous vehicles becoming a real thing.

Waymo is approaching half a million rides a week, and they're aiming to hit a million rides a week really soon.

Eventually, that's going to be a big business.

It's going to feel like an overnight success, but it will have actually taken 15 to 20 years to build out.

Alright, guys, I've got one last question to wrap this up.

We've talked about three stocks today.

Which do you think is the biggest winner in five years?

John, you go first.

Airbnb just keeps landing on my too hard pile.

The valuation is really compelling.

I'm waiting to see more evidence that these other things are going to really help it deliver, and we're going to be rewarded with a higher multiple.

Alphabet, this is just about the most expensive multiple on a sales basis it's ever traded for.

It's not cheap.

They're still

All the other things I laid out, we're counting on.