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Intuit released its quarterly report yesterday and its CEO commented,
““We are defining a new category at the intersection of AI and human intelligence, one that delivers autonomous, done-for-you experiences, disrupts the traditional assisted tax segment, and provides mid-market enterprises with the AI-native ERP platform they need to win.”
He’s talking about us, before moving on to the non-tax Intuit products that get more attention.
Intuit stock is trading around $400 a share, half its high of $800 last July. Go buy some if you’re tired of winning. Part of the problem might be that the company has $3 billion in total cash and investments but $6 billion of debt.
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I'll leave the Intuit stock buying and selling to you and Jim.
That was an impressive statement for the CEO, but I am going to have to sit here for a while to try and figure out what he said.
Slava Ukraini!
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Im feeling major disruption at this point. I truly believe that AI will take this from all us.
