Jon McNeill

to try to get an edge in the market and try to robo-trade in a way that people hadn't been able to in terms of the accuracy and the speed.

So all these years later, now that this has emerged, I'm like completely psyched because we were using what looked like

rudimentary computers to do this stuff.

Now you've got real compute power.

Caveman AI.

Totally.

And now that you see this unleashed, I'm like, oh, this is what we were trying to do three decades ago.

So I'm super excited by it, largely because

Every technical revolution and breakthrough like this that has happened in history creates enormous opportunities for entrepreneurs.

I cannot name a technical revolution that's happened that's resulted in less GDP and less jobs.

can't like it just doesn't work that way and there's a lot of hand-wringing though at the beginning of every technological revolution because humans are really good at seeing the first order effect which is the job destruction but they're not good at seeing the second order effect which is the job creation that happens by entrepreneurs on the back end

And I think we're like right in the middle of this.

So we're applying AI at the core of each of our companies.

But I think more importantly, I think there's going to be just like we're keeping our eyes peeled for big, big opportunities that are being created by this.

So I'll give you an example.

And this example would date me.

But when I was growing up, to make a long distance phone call,

you had to dial zero and talk to a human being.

And that was usually a lady in your town who would literally plug the local phone network on one end of a cord and then plug that cord into the national phone network.

And that would create a connection for you to do a long distance call.