Lou Whiteman

The nice thing about the Metaverse is, Zuck told you who he was there.

I make a lot of money and I'm going to make big bets with it.

I think, to some extent, Zuck's shareholder base

isn't scared of CapEx.

They've proven that through the years.

As far as what's going on here, Emily's Mr. Market, I think it's moved from this used to be just adrenaline to almost a Fear Factor contestant, where there is a mix of adrenaline and fear.

And they don't know what to think about AI.

So at one point, I think the reason Microsoft is down is that 45% of their remaining performance obligations on the commercial side is tied to open AI.

And we're getting nervous about open AI.

I mean, that's kind of what you want.

Again, we're scared of open AI, but yet Amazon jumping in with open AI causes Amazon to go up.

I think in general, we're at this point where we are still excited about the potential of AI, but we're getting nervous about all the spending.

Collectively as a market, we are of many different minds.

There's just this anxious fear, but I don't want to miss out.

FOMO hasn't gone away, but the realities of the challenges are creeping in.

I think it's just chaos.

Quarter to quarter, I just think it's getting harder and harder to read anything definitive out of this.

It's just we don't know what we want from these companies right now, like Emily was saying.

It's possible that he will go down as the greatest one-hit wonder in the world.

Zuckerberg came up with something amazing.