We're just in the first or second

inning, but the AI buzzsaw is real.

These are the very early days. Look, was

there some muddying of the water in

terms of the tech layoffs? Like did they

over hire and then are you they using AI

as something of a justification or

rationale? Yes, but the AI buzzsaw is

real. And public company CEO reached out

to me, bought me breakfast and said,

"I'm going to fire 30% of my workforce

and my revenue is going to go up 200%

and I'm going to get a raise. What do we

do?" This is the harsh truth is that the

purpose of a corporation is not to

employ lots of people. And it used to be

a generation ago, if I was a CEO and

said, "Hey, I employ a lot of people."

That's a badge of honor. Now it means

you're smart.

The curve and like what are you doing

wrong? And so the purpose of the

corporation is to deliver its product or

service as cost efficiently as possible.

I'm not like a, you know, cult of

shareholder value maximization guy, but

it is certainly not the CEO's

responsibility to hire and employ a lot

of people. It's the government's

responsibility to help manage this

transition, but our government, in my

opinion, is asleep at the switch.