When AI agents do your shopping, everything changes, with Shopify’s Jess Hertz

0:01We power over 14% of the U.S.

0:04e-commerce market.

0:06And what's incredible about that is you can sit at this kind of wide aperture of commerce and you can see how competition kind of shakes out in real time.

0:15The barrier to entry because of AI has reduced, right?

0:19So the ability to start your own business and have your first sale, that time has just compressed significantly.

0:28About 10% of new shops made their first sale within a single day of signing up, which is just incredible.

0:35What's at stake is to grow entrepreneurs everywhere.

0:40And I think that is the bet and we are going to win or die trying.

0:49That's Jess Hurts, COO of online shopping platform Shopify.

0:54As trade war erupts between the U.S.

0:57and Canada, I wanted to talk to Jess because Shopify is a Canada-based company with most of its customers in the U.S., creating a potentially tense dynamic.