Nick Martell

Nick, I'll stay.

Sir, you have five.

I strongly recommend you hit.

Well, I know you like to live dangerously, Jack.

So what's the takeaway for our buddy saying hit me over in the casino industry?

One surprise winner of an ultra tech future could be the ultra physical.

Oh, the ultra-physical.

Besties, here's why Barry Diller invested in MGM six years ago.

He said it's made up of a, quote, real-world asset that AI cannot easily replicate.

And yesterday he continued, that conviction has only strengthened over time, he said, calling casinos very hard assets, the perfect hedge in a world that is changing so unpredictably fast.

Concrete hard assets.

In summary, what is safe from AI and tech disruption?

Well, only the most physically physicalist of things.

specifically physical commerce that also touches customers emotionally.

You see, Diller thinks a world where tech is everywhere will make us seek out what we can't get and what we can't feel on a screen.

The live experience economy is hitting new record highs year after year after year after year.

The value of pro sports teams never been higher.

The Sphere in Las Vegas.

Another one's coming to Washington, D.C.

This is this takeaway in a nutshell.