Michelle Hussein

And what should policymakers, I suppose, keep in mind when it comes to labor markets and how quickly we might see the effects of AI on redundancies?

And on that structural story, is it your sense then that the negatives kick in more quickly than the positives?

So the job cuts come and then the productivity gains come later?

OK, Robert, thank you very much.

Thanks for joining us.

Rob Kaplan, vice chairman of Goldman Sachs and previously, of course, of the Dallas Fed.

Our thanks to Rob for joining us.

Very great.

Really great to get his perspective on the AI up and downsides for the U.S.

economy and the Fed conversation, of course.

You certainly ask interesting questions.

Eugene, let me come to you.

I'm just picking up on what Toto's talking about there.

Formula One has changed kind of beyond recognition over the last few years.

New ownership, new kind of narrative.

Drive to Survive's had a massive impact.

The demo's changed quite significantly.

The U.S.

fan base has changed quite significantly.

Why have you waited so long to get involved and why is now the right time to get involved?