When we're talking lab revenue, we're taking what companies are spending on AI.

The question is not whether companies are investing in AI, it's whether they're getting anything in return. Or, whether execs are just as anxious and confused about the story being sold as everyone else, taking the ludicrous amount of capital being put behind it as evidence that there's a "there" there, and hopping on the train out of pure FOMO and hedging, whether they're actually getting anything out of it at all.

I think this is reasonable

If we start to see spend go down because projects fail and companies run the ROI calculation and determine it's not worth it, then ill stand corrected and happily admit that