Jason Moser

I mean, are we talking about just auto-filling delivery addresses and payment information?

Because you know what?

That's been happening for a while now.

So, yeah, I've read a lot of thoughtful pieces about agentic commerce, and a lot of them kind of talk about why that may be a little bit overblown.

And

And perhaps what we see with agentic commerce ultimately is, it serves more on the back end for these companies and is less consumer-facing.

I think that's a little bit of an easier leap to make there when we see these investments that businesses make in helping their merchants run more efficiently and making their actual businesses more efficient.

Overall, I think we still look at Shopify.

I'm a longtime shareholder, very happy shareholder, and happy to hang on to those shares.

I think when we see the company pull back like this historically, these have represented interesting times.

I don't think that Shopify is the type of business that is going to be

disrupted by AI, as many of these companies were discussing.

That's the big question mark.

It's going to be building on top of that layer of AI technology, ultimately helping reshape the commerce industry.

Obviously, a very tech-forward company.

Toby Lutke, I think, is clearly very dedicated to the business.

I don't imagine that changing anytime soon.

I think it's interesting to see the language that we're hearing from a lot of folks in the tech space these days.

I feel like they've got a pretty good in there and maybe know a little bit more than some of us do about what's going on.

We saw Amazon Web Services Chief Matt Garman talking about this recently, saying that much of the fear is overblown.