“I don't know if you've read the SEC document that Anthropic just had to file in order to have their IPO, but in the risk section, it's basically like, well, it could be that all this scraping that we've been doing actually violated all these laws. And that could, you know, if it's willful, put us in a liability deficit of X. And shareholders who are investing as new shareholders should sort of know that information.”

So there's the legal side and the business side. On the legal side, obviously we're bringing this case as a precedent-setting case to show that it is not fair use to train on music. Whatever exemption you want to think of, it's

…What did we play in like the war in Panama? We played Metallica then at full volume. Right, right. Right. Maybe, maybe it'll be used for like, you know, for soft power or, you know, propaganda. It'll blast down this. But Clash was very upset when Rock McCasma was a soundtrack. I'm sure I know.

like this could be a big cost of doing business going forward. And yet, they're going to have a spectacular IPO, right?

Despite those risks, which means that they're willing to bear them and they're also willing to accept the cost if and when that comes and it is secured.

Actually, I have a different view on that. And it's related to the beginning of our conversation, right? You, you said it was, I think you gave a quote to the Los Angeles Times where you said being the RIA is more fun now because the consumers are on your side fighting the AI giants instead of you…