Is There a Disruptive Innovation in the NASDAQ?

Kathy: After a 67% drop in ARKK innovation, the ETF last year, do you find any of your investors kind of treating ARK a little bit more cautiously? I think one thing that happened last year is we were able with a number of papers. We were trying to help investors and advisors understand that if you take a look at truly disruptive innovation, which is all we do. Kathy: Do they have the potential to overtake Google when it comes to search because of the way they are harnessing AI? I think that's the big threat. If you look at Google or Alphabet, everyone is talking about chat GPT. And we do believe that it is going to put