Wes Cummins
👤 SpeakerAppearances Over Time
Podcast Appearances
Right.
It went crazy.
I've never seen a transition that fast where it went from like, AI is going to be dead.
You know, it's a bubble to like, oh, it's going to kill everything.
You know, every software company is dead.
Every services company is dead.
And then, you know, you look at these projections for AI revenue.
And here's how I kind of frame AI revenue in my mind.
So total spend on labor worldwide, let's call it $70 trillion.
There's a band, but that's kind of the middle of the band.
So if you can replace 5% of labor worldwide with AI, and that's not the only use case here, but just say 5% of labor.
Okay, so that's $3.5 trillion.
If you can do 10%, that's $7 trillion.
I mean, it's a massive, massive market either way.
And I think the projections for AI revenue through 2032 or 33 is like 1.3 trillion, something like that, but it's still a huge number.
So you look at these things and, you know,
What I would say, you know, for the people that own our company, we have a very volatile stock.
You know, I don't think it'll stay that way forever, but it really goes on the whims of like the market's really bullish on AI or it's really negative on AI.
And I'm sure we'll have a few more of those swings this year.
But the trend, the underlying trend is really good.