Robert Armstrong

Definitely.

Most of, I mean, the basis of my belief is really tied to tariffs.

And who knows what's going to happen with tariffs at this point, especially we've got

the Supreme Court ruling in the pipeline.

So, you know, this is going to be an ongoing conversation.

But in a tariff world, I'm like, it only goes up.

I do want to keep us moving because you have more predictions.

Will AI euphoria cool?

You say, yes, kind of linked to the bubble, but let's just get a quick why.

Because it's already happening.

I love these predictions.

It is interesting, the discipline that we're seeing in the markets.

And I think one of my predictions for AI is that the winners in AI are gonna be the ones that can signal a level of responsibility.

I mean, if you look back at the previous couple of years in AI, you were rewarded for being unrealistic.

You were rewarded for saying, we have this gigantic idea, it's gonna be artificial general intelligence, we're gonna take over the world, and then people gave you money.

for saying that.

I think that it's beginning to flip now, where if you start talking with that sort of technobabble language, you begin to get punished.

And it's the companies that are signaling the level of responsibility, and usually signaling that means you are actually being responsible.

And so a company that I think would be rewarded as an example would be Anthropic this year versus OpenAI.

I think it's gigantic, personally.