Rob Goldstein

It's not clear to me we've entered the first inning of the actual enterprise implementation.

I still think the national anthem is sort of being played.

And I think that the actual overhang between what the models can do

And the fact that this is technology that needs to be implemented, it requires organizational design, business process reengineering.

Like implementing technology is hard and takes time.

And we haven't even started that enterprise implementation yet.

Well, let me start out by saying we haven't described it as a black box.

No, not you.

So we'll come back to that in a minute.

But importantly, AI as a technology is not new.

I wish I knew the exact year.

But the AI lab at MIT was created in the 1950s.

We started our AI lab in 2018.

So these methods have been used for a long time.

At a very sort of simple level that I'm sure would offend a lot of people, you could think about old AI was about numbers, new AI is about language.

And the language element of it creates all sorts of... humans communicate much more through language than numbers, so it creates a whole host of other unintended consequences.

But when you look at a platform like Aladdin as an enterprise platform, and by the way, I would make a cohesive argument.

Everything I'm saying, you could make the same case with regard to the Bloomberg terminal.

I knew this was going to come up in this conversation.

But I waited the first couple of minutes.