Setting new records, Open AI hits historic growth to 100 billion in revenue.

I think it's entirely possible that Open AI could hit 100 billion ARR in a couple of years.

I think the easiest path is...

Open AI. Remember, of course, one of the most important companies in the world.

They could give it a market cap of $1 trillion.

But of course, this is an ongoing story, and there is still a lot of uncertainties as well

in opening eyes future.

The big question is whether the S&P 500 is overvalued and whether the Mag 7 can continue

to sort of command that level of valuation because they're driving much of the economy

and much of the gains.

AI is going to be huge no matter what. There's no doubt about that.

But is that scarcity sustainable or are there going to be many competitors in a race to the bottom and margins will come down?

With 800 million subscribers already, half this comes from subscription revenue that's more or less in the bag. This is really dwarfing all history.

Now that's the moonshot, ladies and gentlemen.

So guys, I'm still getting up at like 3.30 in the morning coming back from Riyadh. How are you guys doing?

I'm actually okay. I get back and I learned a trick from from Rames and Raymond McCauley and they said take a double

dose of melatonin and in a couple of days you're good.

I've actually been surprisingly okay.

I actually like getting up at 3.30.

It's like I've got like four hours before anybody else wakes up.

And it's like amazing.

Dave, how about you, buddy?

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