Jordi Visser

The reason I'm using now Kimmy 2.5 is because I have my own machine with AI agents now.

And again, I'm old school.

I didn't know how to do anything on a computer, honestly.

a year ago, 18 months ago, other than the basic stuff.

And now I have AI agents running on a Mac Mini inside my apartment, and I'm using a Chinese model because it's free.

So the problem with Google and all these places, and this does get to the deflation thing that Kathy mentioned, and it's something that you've talked about, it's really hard to avoid the deflationary aspect.

And since most people, and I was just at a conference where 80-something percent of endowments and foundations thought inflation was going to be higher a year from now.

So the reality is we have a deflationary situation that's happening.

And the reason is because AI is driving that deflation as we speak.

Yeah.

You highlight true flation repeatedly, which is basically like it.

Yeah, no, no.

So the difference between truflation and core CPI is pretty much all the shelter calculation.

One uses 80,000 inputs.

One uses, what they say, 35 million inputs.

So we'll go through what's better, what's not.

But the shelter component and how you deal with shelter is the difference in the calculation.

So if history serves well, unless we're going to see a bounce in the housing market, which I see zero chance of that happening, given the fact that people are under pressure at their work.

I don't see that going on.

If the stock market falls, you're definitely not going to have it.