Tom Gardner

We called that one out in our AI scoring and hidden gems early on to say, please don't buy the stock.

This is a company that used to be C3 AI.

IoT and before that C3 energy, they were just kind of dancing around to each new theme.

And there's some questionable dynamics to certain companies out here.

But I think the main reality here is that companies are profitable, they have strong balance sheets, and there's a lot of enthusiasm for the technology and

Although there are occasional studies that come out and say, oh, none of these projects are actually profitable.

Okay, sure.

You know, neither were they early on in the internet years, but these companies are profitable and they're deploying R&D against this.

And every executive that I've spoken to about the utilization of AI inside their company are saying, we are excited.

Now we are hyping this, not superficiality, but real substantive change is coming in how they create their product and how they market it and how they develop their workforce.

So there's a lot of change happening right now.

And yet it's change that's happening inside of us.

productive and cash flow producing companies.

So I don't think that we're right here sitting at a big meltdown personally.

I don't think so.

I know Jeremy Grantham is out again with another call on the big meltdown.

And you know what?

Sometimes he's right.

I don't actually favor

that he goes to extremes in his calls, in my opinion.