Peter McCrory

And that's sort of this question around sort of the financial, like our financial markets appropriately aggregating information and do current valuations match future cash flows?

But I think it's undeniable that this is a transformative

technology.

It's improving very fast.

So like our analysis is current usage of current models and it's being adopted very quickly.

And I would be surprised if it was less than 1% contribution over the next decade.

And then you add on this question of to the extent to which it may automate the process of innovation itself.

I mean, cloud co-work is actually an interesting example where cloud code accelerated the time it took the team here to produce it.

And that type of sort of fast iteration, fast innovation can point in the direction of even larger effects.

Thank you.

What a privilege.