Jordi Visser

And you know what people would argue who wanted to buy them?

They would argue that I'm not buying clothes online.

Macy's shouldn't be going down.

I understand why bookstores would be going down, but why would, I'm never gonna buy clothes online.

Well, now you fast forward, not only has that happened,

They were right to short those stocks.

Macy's is still around, but it's not a company anymore.

And so what happened was they took the price to free cash flow and they put it down.

That's what's happening in the software names.

Anyone who wants to argue me that Salesforce.com or Adobe has any chance of competing with AI has not used clawed code in any meaningful way.

You cannot make that argument to me and think about it clearly and not realize

They're a growth company.

They need to have their multiples come down, and yet they'll be like Macy's.

They'll still be around in 10 years.

Or like, what is the path here?

So maybe because I consider myself, not consider myself, I'm AI native at this point.

I use it all day long, nonstop, whole time.

I think people need to get into a room and just go AI native, an old school enterprise company.

Are the old school enterprise companies today

Going to get rid of salesforce.com?