The black swan everyone missed: AI agents are genuinely good right now
People have talked about the boomer retirement wave and the $5 trillion number before, but the conversation has always been: buy the company, maybe optimize it a little. The black swan is that AI agents are actually really, really good right now. Not long ago, if you pointed AI at operational work you got a rough draft full of hallucinations that someone had to redo. Now, if you set it up correctly, you get a draft that somebody just checks. Greg says he's reaching the point where he can trust his AI agent systems more than his human team members — his human team is making more mistakes than his agents. The big funds figured this out first, which is why they're moving fast on acquisitions that most people still think of as boring legacy businesses.
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