they will get price earnings, lithium motors, and autonation.se are two giant dealership chains. a well run company, more than six times earnings. expect to have a down year in 2023. i can't vouch for lithium, but autonation had 100 million shares. the biggest part of that buyback happened in three years when the share went up from 80 million to 50 million. a lot of ways, i think that's the most confidence boosting piece of data out there for that stock other than the comments from ford and gm. two of the most capable executives from any industry, and things are not so bad out there. they are not so bad out there. here's the bottom line. most the time, i believe you're taking your life in your hands when you buy stocks at ridiculously low prices, but in the case of gm, i think the fair case is just --. especially the transition of electric vehicles and the state of the broader economy. let's go to and in indiana. >> the annual meeting was amazing. thank you for everything. >> thank you. thank you. that's nice. >> calling about pioneer because ev

goldman sachs is saying, you know, america, europe, they're going to lose, like, 300 million jobs to autonationral. specifically a.i. as well. net-net, what does it mean for mankind? >> let's think about previous industrial revolution ares, right? you always have a massive displacement of jobs as you have automation, and antiis really kind of that fifth industrial revolution if we want to think about it that way, and you will have a displacement of jobs. but i want to think about this as being additive overall. people who embrace generative a.i., i think, will be more productive, be able to do more, and i think people who are unfortunate enough to get their jobs displaced will need to reskill and upskill, and i think that that's a big investment that a lot of our governments need to be making in upskilling and reskilling the citizenry so that they can adapt to the new economy. i think, overall, this should be addive. i think we will have better jobs that people can be more productive at and maybe even work fewer hours because they're doing way fewer real tasks and focusing more on creativity an

i don't know, are the buyers to cars -- you go to autonation, it looks like things are not great. >>aden out a bit and it leads you to what jpmorgan said yesterday. again, kel lon vic who publishes on monday, any decline is not a punchbowl. they say q1 will be the highs for the years on equities. >> that i can't go with. >> you don't go with >> no. when you finish -- the market goes up. you're not fighting the fed. i don't know every time you have the end of the cycle you make money if there's certain parts of it where it can work. when you get a happy days are here again, don't make it sound like they aren't get the fed out of your way. fine >> interesting we're in sort of a bit of a period where it's a while until our next meeting canada has now paused. now australia has paused it was a lack of o other news, markets watching that. >> resource-based economy. in economy i thought that was surprising they paused when china does well, australia does well. i thought those were surprising. i think jay powell recognizes it's just a couple bad banks, but the reverberations continue. i keep