Jordi Hays

And so I don't think that even though they have a solid model

and they're able to get into that top five, I don't think at least investors are not ready to price in Meta AI becoming a key player in consumer LLMs just yet.

So it's all the spending and no revenue acceleration associated with that spending.

All that being said, Meta has used AI to drive business value historically more effective than almost any other business in the world.

It is really, really insane to think that there is some scenario where the labs end up going public at evaluations somewhere in the range of meta, while meta is sitting there with $200 billion of annualized revenue growing 33% a year.

one of the greatest businesses in all of human history, and not really getting full credit for that or their various AI initiatives.

Obviously, the drop in people, which I think they, what do they call it?

Daily active users.

They're not users.

They're people.

That's playing into this as well.

Explaining this to somebody in 2022, there's going to be a renaissance four years from now.

There's going to be 350,000 books being published every single month on Amazon.

And they're like...

You're not going to be happy with why, though.

Another buyout news, Long Lake.

Long Lake.

Very under the radar company, but has been on an absolute tear over the last...

This is a wild deal.

A couple of years is taking Amex, GBT, Global Business Travel, private.