Rory Driscoll

Oh, you may never get there.

asymptote out at 60.

I think it's just the nature of the beast.

And you're dealing with this totally new business product, totally new market.

You have a hypothesis where things kind of shake out, but it may take a while to get there.

Fundamentally, however, I don't doubt the fact that a profitable and defined by that as free cash flow, operating income business will emerge from something like, I mean, a topic is not going to not have a profitable business model because this clearly is converging.

It's just a question of, you know,

What scale does it converge at and what operating model does it converge at?

Is it a 10% operating margin business or a 30%?

So it's getting better.

It's getting there.

It's getting a little more slowly than you might like, but it's still massive.

I mean, from negative 94% margins last year to positive 40% this year, that's a big move.

You are right, but I have two zoom out comments on that.

First of all, when you look at the problems you'd like to be wrestling with as a business, an individual business or an industry, the problem of I have infinite demand for this digital good, which is still quite expensive to produce.

So we're going to have to figure out how much to charge for it and how to ration it is a wonderful problem compared to no one wants to buy this digital good.

I don't know what to do.

So the big, you're right.

The demand for inference, the demand for tokens can be, I want to say almost, yep.

almost unlimited in some cases, because the more you can deliver, the more you can do.