They're just going to pilot all of this stuff more for advisors and help them out.

It's a good question.

So I don't think I was all the way right.

I definitely don't think I was all the way wrong.

I do think that a lot of the work that the power planners are doing will be automated.

Not all of it, but a lot of it.

One area that I couldn't have predicted last year as far as how young people are going to be impacted by AI is this.

Tell us about that journey.

Let's do it.

All right.

W- forget about what are they buying.

I think everybody understands the Starlink system is phenomenal.

It's a game changer.

Forget about the $32 trillion TAM or whatever they spoke about with, like, the AI opportunity.

I think for the point of view of the investor base, what's really important is the $2 trillion market cap.

What do we make of this?

Just would love to hear you kind of riff on that.

I have lots of thoughts, obviously, on the outside money that has absolutely shaped this industry, like reshaped the industry in some ways for better and in many ways for worse.

What's different about us? Few things.

We're up to 80 something employees.

I think I have to quote our last ADV update, which, oh boy, I think it was 7 billion.

I can't remember.

We've grown since then, but that is the official updated record.

You have to put your flag in the ground and stay

Will you ever cap the growth of the RIA business? Is there a level you think where you can get to where it's not as special as what you've already built?

I don't think we need to because we've created service tiers, and the tiers act as an organizational method to doing everything that we do really well.

So for people with zero to $250,000, we're onboarding them into a service tier that we call Liftoff.

We've been doing that for over 10 years.

The custody solution there is Betterment.

We've got advisors in the background who can help people, but it's very much automated and it's for people in the accumulation phase of life.

They don't have any real complexity.

I mean, Josh goes on CNBC.

Um, where are you on AI and youth unemployment, and where are you on AI and the bubble question?

So I think that AI is not just going to be used for better advertising for Facebook, although of course that is a huge component of it.

I do believe that it is transformative, it is going to change the world the way that the iPhone, uh, and the App Store did, in ways that we can't fathom.

We had no idea that Spotify was gonna be a thing, we had no i- idea that Uber would be a thing, that DoorDash would be a thing, and, and it goes obviously so far beyond that.

Um, so I do believe, like I am a techno optimist.

However, I also believe that from here to there the transition and rocky and, and inability of, of young people to enter the workforce is going to be dramatic.

Um, unfortunately, I do believe that AI is going to automate all of the entry level jobs.

(laughs)

And what do you think?

I don't...

I mean, this is boring.

I genuinely don't know.

I am very excited to see.

I think that some of the numbers are starting to get a little crazy.

So NVIDIA, for example, is about to cross the entire market capitalization of the industrial sector.

Bitcoin.