Zaid

It's a great business model, especially when rates are high, but if the Fed starts cutting rates soon, their revenues could take a hit.

But you know, I think that Circle recognizes that and they're trying to diversify the revenue away from just being reliant on interest and essentially becoming a critical plumbing of moving money on the internet.

So we'll have to get Jeremy back on in a few months to dive into their business model.

Let me know what you guys thought about today's conversation and how you feel about stable coins, especially if you're a stable coin hater, because I feel like there aren't that many haters out there.

If you are though, definitely let me know on Spotify and YouTube.

Also, if you guys have been enjoying this podcast and have like five extra seconds, consider giving us a five-star rating on Apple, Spotify, wherever you listen to your podcasts.

All that engagement really does help us out and it helps other people find the show.

Thank you guys again for listening, watching, and commenting.

Shout out to Mike and Connor for all the work behind the scenes.

And we'll see you guys back here tomorrow.

Welcome back to the Rundown for another weekend deep dive.

Today, we are talking about the next phase of the AI boom, AI agents.

For the past couple of years, the AI boom has been about training large language models, you know, the chat GPTs and the clods of the world.

But now the focus is shifting from simply talking to AI to having AI actually do things for you.

We are entering the era of AI agents and the implications for the economy, the stock market, and your job are massive.

So in today's episode, we'll break down what agentic AI actually is, why Nvidia is betting the house on it, and what this means for the AI bull case moving forward.

We got a great one for you today.

Let's dive in.

The best way to understand agentic AI is comparing it to what came before it, which was generative AI.

Now I'm talking about the chat GPT moment.