Jon Quast

It's only a matter of time before they go to the public markets looking for money.

I think you hit the nail on the head, Tyler.

When it comes to the AI models themselves, if you have a lead, I don't think it lasts for very long anymore because of just how fast the space is iterating.

I'm not really all that interested in the businesses that are creating the AI models themselves.

I'm more interested in the companies that know what they want to do with the models as far as creating a business and monetizing it.

I think that when you look at the companies that you just mentioned, Anthropic, OpenAI, XAI, and Alphabet, for me, Alphabet has the clearest roadmap of what it can do with AI.

That really interests me as an investor.

I would say Alphabet would be at the top of my list as far as companies you just mentioned.

That said, XAI, with all of the things that Elon Musk is pursuing, all of the companies that he has, I would say that XAI also has probably interesting ways to monetize its AI ambitions.

What's interesting is, it appears that 0% interest is what is attracting people to the Buy Now, Pay Later platforms.

I know that you and I were talking, we pay off our credit cards at the end of the month, so we pay 0% on our credit card.

But not everyone is in that situation.

86% of users for Buy Now, Pay Later, according to one Morgan Stanley report,

Their motivation to switching to that over credit card was the 0% APR.

You have four interest-free payments, you can extend it out over the entire year rather than just the month.

That's one incentive.

Now, I think we've all heard the stories of how you can use buy now, pay later for your Chipotle.

I think that we would agree that

probably breaking your lunch down into four payments over the course of a year, maybe not necessarily the best thing.

But here's what's interesting here.