Robert Bryce

So, again, the momentum again.

that is developing around these issues, around AI broadly, around the backlash to big tech.

And you probably saw Eric Schmidt, the former CEO of Google, was booed roundly.

I mean, I've never seen anything like it at the University of Arizona last month.

I mean, it truly is a remarkable time.

Yeah, I mean, you look at the big tech firms, the giant five, as I call them, Apple, Amazon, Google, Meta, and Microsoft, their combined market capitalization, Justin, I just looked the other day, is over $16 trillion.

They account for a commanding percentage of the S&P 500 index.

So if these companies catch a cold, the entire US stock market goes into the hospital.

Of course.

You have their capital expenditures this year are expected to be the big, you know, the giant five companies, I guess, including Nvidia, but something on the order of $700 billion.

Yeah.

So this accounts for not just a significant portion of the stock market, it accounts for a significant percentage, a very significant percentage, and I don't know that number off the top of my head, of US GDP at the moment.

So, you know, you mentioned the hyperscalers, well, look at the construction firms, Kiewit, Bechtel, all the other companies that are involved, look at all the welders, the electricians, the pipe fitters, the, you know, the sheet metal suppliers, the concrete companies, I mean,

This has this industry has an enormous effect on the overall U.S.

economy.

But I don't I certainly didn't foresee it.

But, you know, I think big tech has clearly been caught off guard by the backlash.

And as you said, how do they convince people to come to their side?

Well, you know, good luck.

You know, the old saw in politics is you're is if you're explaining you're losing and they're doing a lot of explaining these days.