Madhumita Murgia

And the fact that that's changed so dramatically just goes to show what the sort of macro AI environment has done to kind of shape Demis' leadership and the company itself.

I mean, I guess the question is like, would, yes, you know, I think from our reporting, there is this leadership struggle and not necessarily the obvious sort of who's going to be the next CEO, which is also part of it, you know, in due course, someone will have to replace Sundar and is that going to be Demis?

But more broadly, the question of like, who's going to lead in AI?

Who's going to be the person that takes us over the line?

And if we're going to buy into the AGI hype, who's going to be the person that gets there first?

Yeah.

you know, who creates a super intelligent technology.

And I think it's been clear, and I don't think Demis has wavered from this all through the time that I've covered AI, that his goal is to create that technology, the kind of technology that surpasses the most intelligent human that's able to solve problems that we would never be able to do without it.

And for him, I think everything else is a means to that end.

And so I guess the question is like, you know, if he believes that being the CEO of Google will help to get to that end or whether it will be a distraction from that mission, you know, having to do quarterly calls and be answerable to your clients.

shareholders and think about, you know, your massive advertising machine.

I think he could do that job and, you know, he could win out in that power struggle.

But it's, I think, only useful to him if it feeds into this, his goal that he's never lost sight of, which is creating, you know, a very powerful AI.

And I think that makes him in that way very unique amongst leaders of AI technologies who are all motivated people.

in slightly different ways to do slightly different things.

Maybe he's closest, I would say, to Dario Amadai in that sense.

Yeah.

Yeah, it's coming out a bit more lately.

Yeah, I mean, I was going to say you've hit on, I think, and I didn't expect you to be the one to bring that up.

I thought you'd have a commercial bear case, but it's the soft thing.