Travis Hoium

You like to talk about logistics and trucking, but you're promising that there's something exciting going on related to AI.

So what's the news for this week?

One of the questions I have for you is, it seems like a lot of these companies that are coming in and trying to disrupt established players, it's ultimately value-destructive overall.

That's what's confusing about what's going on with the market.

A company will introduce something, the bigger a company will fall, 20% lose, let's say, $50 billion in market cap, but there's no made-up

market cap by the company that's doing the disruption.

Obviously, they're just seeing this as potentially pure upside, but it does seem like the market overall is selling first and asking questions later.

Yes, disruption may be coming, but also these companies have agency.

That's the thing that I think we don't think about.

These trucking companies do have the ability to, if

If they can make an AI in six months that will improve efficiency, you would think that at least someone inside CH Robinson and all these companies would be thinking about doing the same.

Is it possible that in trucking in particular, we sort of skip this interim phase of being more efficient and just go straight to autonomy?

Because it seems like that is an area where, you know, especially these long haul trucks, is it going to be safer and more efficient to just have an autonomous vehicle drive from point to point?

You know, we saw this in an area like India.

They just went straight to cell phones and 5G.

They didn't go through kind of this development that we went through in the U.S.

Is that possible or am I overthinking it?

Uncertainty seems to be the name of the game.

And like we've seen with the example I keep thinking about is electric vehicles.

You know, five years ago, we thought that everyone was going to be buying an electric vehicle today.