Ken Griffin

And that all happened in just a few years.

You know, I remember I used to buy on a website called buy.com.

I bet you can't even, like, I bet that you're, I wonder if they even, like, links to anything today.

But how many, you know, there was eToys and pets.com.

There were hundreds and hundreds of consumer sites to buy goods and services from.

Amazon and Walmart have locked that market up today.

We're gonna see a lot of fallout in the AI story over the next couple of years.

And long run, are we gonna continue to see incredible advances in the use of computers and technology to improve productivity?

Absolutely, that's going to happen, unquestionably.

You just had the regulatory panel, right?

What did they say?

I mean, I'm going to tell you what I say.

What a great opportunity for shysters.

I mean, let's just go ahead and unleash the worst of the animal spirits.

Let's find a new way for retail America to just get absolutely hosed.

Caution.

That will be a critical moment on Bloomberg, I'm sure.

And the big picture is the U.S.

securities market is just extraordinarily efficient.

You know, if you're a retail investor, you generally trade today for less than a fraction of a cent in a bid-ask spread, and you pay no commission.