Larry Cheng

And I just ask those two questions and try and decipher everything else through that.

But we're seeing really, I mean, I can't even begin because we're seeing so many applications.

And by the way, all of our portfolio companies are embracing AI across their businesses.

And so it's really fun.

The hype cycle needs to chill out a little bit.

All those VCs we were talking about at the beginning of the episode, they're all feeding into the hype cycle.

They know it.

They're all paying super high valuations that will not sustain, and they know it.

They just don't want to be the last ones holding the bag.

But AI will certainly be transformative.

Yeah.

Well, businesses can differentiate on other things other than the code of their product.

Right.

And so, I mean, we talked a little bit about Chewy.

Chewy was going directly up against Amazon.

It was much, you know, the 800 pound gorilla.

And we won on customer service.

So I look for an AI application slash company.

Can they differentiate on other things?

Is there a community element that's a mode?