Rory O'Driscoll

I think to me, listen, that's an interesting like horse race question.

To me, for now, the more interesting question is that OpenAI's mobile app, its growth has declined because it has to decline because we've run out of humans on planet Earth.

So it'll be interesting to see whether it Robin Hoods, like how well it becomes a meta app.

Because Robinhood is on fire, even though its new customers are only going 8%.

OpenAI is going to have to do that.

That's the whole point of bringing it ahead of apps and all of that, I guess.

Otherwise, it will inherently stagnate because there's stagnate around a billion or something, 1.2 billion.

So it'll just be fun to watch whether a mega app works for ChatGPT or not.

I don't know if I buy that.

You have to buy it because if you look at the numbers, the growth is down to single digits.

Like it is empirically true on any source.

The growth is down to single digits.

But if you have no ads, it's tough too.

They have cheap versions in India and otherwise.

I don't know that they'll be as big as Meta in terms of footprint unless they want to go all in on free.

Well, there's shopping and there's ads of the classic one.

Right.

And everyone's tried that Instagram for e-commerce ads.

I'm not smart enough, but I know that that growth has slowed.

There's no debate.