Seth Fiegeman

It's got to be, you know, thousands of agents for each company, like making decisions and executing and unlocking.

I think labor essentially is what I'm looking for.

And that's what's exciting going forward.

Yeah, well, I think that they had a nice earnings report, and I do think that there seems to be a lot more momentum now.

You know, you talk about the deal that they just did today, and just essentially, like, rolling out a lot more compute and accelerating AWS, I think, is really good for the business.

I think they're well-positioned to essentially leverage AI in their e-commerce business as well as be an infrastructure provider.

So I don't think you can count them out at all, and...

It's good to see them outperforming.

Yeah, well, I think that AI is a long-term investment for Meta.

And I think that Mark is probably digesting the heightened level of CapEx and the depreciation that's coming through the P&L.

But I think that's a little bit too short-term to view it.

And if you look past that, the returns are there, and these are going to be great investments.

And Meta definitely has the digital formats to leverage

AI and the tremendous scale across customers.

I think it's exciting what they're doing in the SMB segment as well.

It unlocks a lot of ability for companies to essentially reach customers with just a credit card and asking for the ROI from ad campaigns.

Our biggest challenge is not a risk of getting ahead of demand.

It's actually keeping pace with demand.

And what we are finding is that our customers, whether they be enterprises across the economy or governments or nonprofits, they are looking to us to build out this capacity.

They want to use this compute.