We're about to see a Cambrian explosion of new participants in financial markets and across the entire digital economy. That tells me every TAM in everything digital on this planet is wrong… We built every benchmark on human activity... how fast Facebook scaled, how fast OpenAI scaled, human eyes, human clicks, human speed. That's been the yardstick. And it's about to be useless. The new participants aren't human. They replicate at speed, communicate at speed, and don't even read the same websites we do. They don't need to. So it compounds faster and faster and faster, at a speed we can't see. We're about to lose the ability to measure anything at all.(Raoul Pal)