Tom Gardner

We were interacting with so many magazine and newspaper companies in the 1990s, and I had a lot of respect for them.

After all, they were the big brands of the last 15 years.

They had huge balance sheets.

We were flattered that they were talking to the little old Motley Fool, but now they're all gone.

Like they're literally, their commercial value collapsed.

Some of them were bought for a dollar a share or their stock went down 95%.

So when you say which ones are gonna be real, which ones aren't, I think you have to get proof that they are AI native.

And the clearest way will be that they're born in this era and come public with that.

But-

Anyone who's in denial or any cultural challenge, it has been interesting to follow Duolingo because some of the leaders in Duolingo said something a year ago about how we're going to use AI.

And there was a cultural issue about that.

Like, what do you mean we're going to use AI?

But the problem is, I think those points that were made, if you go back and look at them, they were accurate.

And the question is, can these companies act with respect for all the people that work there, but with a deep understanding that if we don't change like right now, we're going to lose relevance and we'll despair.

There won't be any jobs left.

So it's hard to face this.

And we've actually never faced this.

anything quite like this.

We can say the internet, it's an obvious illustration, but this technology is moving a lot faster and the implications are more profound, scarier, and more exciting than the internet.

So I think you just need to know, you need to be looking for companies that are fully all in.