Reed Hastings

It's an honor to be with you all.

I wish I had been a behavioral economist.

That was my only real big regret in life.

And so what did I see in AI, which is sort of related, what's the nature of intelligence?

I think I saw a dream of understanding ourselves and our society a little better.

And that was sort of the primary motivator.

I will say that the AI that I studied was the equivalent of the sun goes around the earth field.

So we had a fundamental theory in the 1980s that was completely false and didn't work, but we didn't know it at the time.

So me and many other people then fled to all kinds of other fields.

And it's exciting now to see a new set of techniques really be transformative.

And to Mike's reference on the news this week, you know that I'm enamored with subscription models.

And now I've become more aware about tender offers.

And I like TV channels.

So we're announcing today, Mike, a tender offer for Bloomberg.

We hope you will consider it appropriately.

Your board members are willing to debate the transaction.

But unfortunately, as you would suspect as a board member, that's all I can say on the news of the week.

Well, let's think back 30,000, 40,000 years ago, and we're a bunch of Neanderthals, and we're in the entrance to our cave.

And we've been the dominant humanoid species for a couple hundred thousand years.

And the two of us look down, and we see Homo sapiens.