AI disruption fears for ABNB are unfounded; AI agents benefit the business by simplifying bookings and improving productivity.

But, as you know, Muse released a report—and we're recording this episode on September 29, two weeks ago—that has had a major impact on Airbnb and Booking.

Does Airbnb fall into the same category? Have you studied it closely? Yes, I think this is even more ridiculous. At least you can make an argument about Booking, which is that Muse might make a radical change , and I don't think that's true.

But Airbnb has an offer. How will Muse start? Will you ask each homeowner individually: Will you rent out your home? This is completely illogical .

I think these things, like Muse and other agents that will inevitably emerge, will help these companies because they will make booking travel easier. This will also give people much more free time.

So, artificial intelligence is benefiting these companies, as you know, and Airbnb specifically pointed out in its last earnings call the amount of savings it is making, and how artificial intelligence is helping it increase its productivity.