“Microsoft's revenue went from $198 billion to $332 billion in the last four years, while staff only increased by 2,000 people. … You would have thought before AI that if somebody said we're going to get close to doubling revenues at this kind of scale, you probably would have thought that headcount would have doubled too. And the reality is headcount stayed flat.”

measure that? But by the way, I agree with you. The

…to be more competitive, perhaps with cheaper tokens for cheaper, easier tasks, and then premium tasks, charge a higher price for intelligence and start to stratify the value of the intelligence that they're providing by changing the price points. And I envision that's where everyone's going to go.

Okay, so based on this, your premise is they need data centers. If they don't get data centers, it can't keep growing. However, Sachs, the truth is these are the liberal of all liberals in Silicon Valley. It is the largest amount of money that has ever been made by founders outside of Elon Musk. It…

Maybe, but I don't think that's the Democratic Party that we have today. I mean, the old Clinton Democrats, I mean, Bill Clinton Democrats are long gone. I don't think the abundance Democrats are picking up a lot of momentum. I mean, the Democratic Party, as Gavin Dusom said, is becoming…

So you don't need to do much, I think, Freeberg, to scuttle the Trump economy since the war, tariffs, and all that other stuff have driven inflation and all those problems. Wouldn't it be smarter for the Democrats? I mean,