AI will take much longer than expected to replace humans, partly because the industry quietly redefined AGI to exclude the hard problems it still can't solve, once it became clear models weren't reaching the original bar.

59:15>> Actually, a bit on AI. I I'll say it like that. I I was very concerned very concerned with how quickly we're going to find humans being replaced with AI. And I think I'm now looking looking at the same thing. I think it's going to take much longer than I anticipated. >> Why? Because you know I remember that you know a year ago we would hear Alon M

59:36speaking about is waiting for AGI because AGI you can have conversation with it about how to solve big problem in physics and how to do a lot of things and everything and now everybody's talking about well you know we kind of achieve AGI but it still cannot do those big questions right so we kind of like we kind of change the definition to fit something that doesn't do the critical

59:56things and the more I know about AI the more I see the frontier model the more I see things I think They're tremendous, as I said, but I don't think they're going to replace us that quickly. >> I think you're being far too nice. I had a picture of me and my mother on the beach from a holiday last week and I said like remove the people from the

60:12background to like Gemini. Dude, they changed my mother's face. They put a different woman in there. I was like, >> I think solving that might happen faster than you think. >> Which competitor do you most respect and why them? >> So, it's not direct. I think that the one company I really really appreciate Figma. I think they have brilliant product understanding of their market and and when I look at it I'm just like

60:41I really admire some of the thing the quality they can bring into that. So I really like them like really in terms of not just respect it's almost admiration some of the thing they can do. People are almost religious about Figma. I I know very little product that are like that. But my designers, they love it. They go crazy about it. They'll do their groceries list on Figma, okay? They they

61:04do everything they can on Figma just because they love using it so much. And that takes massive skill from from from Figma to do it. >> What's your single biggest concern today? >> It's always the same. I think that execution I I think we have good plans and good ideas and I think the biggest challenge is always for me execution like it it how do you get a team to be