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>> People's retirements are going to contract severely, and I don't believe they're going to return to those values. And I think that because so much of the value of the S&P 500 and Russell 1000 index comes from these four companies and the rest of the Magnificent Seven, so Apple, Tesla, Meta as well. And the thing is I don't know what happens after that because venture capital has also like more than half of venture capital last year went into AI. I think most venture capital investments in AI going to zero because when it comes to building a company on

And I think that because so much of the value of the S&P 500 and Russell 1000 index comes from these four companies and the rest of the Magnificent Seven, so Apple, Tesla, Meta as well.

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