Ailman: AI Rally Will Run Out of Gas

Christopher Ailman, CalSTRS CIO says that AI is gaining momentum, but questions the longevity of a narrow, AI-fueled rally.
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[@jimbojimbo6873]

Lets hope it’s sooner than later so people can actually invest in big tech which will achieve agi

[@charlessmyth]

Without raising sales tax io 20%, there's not much for Congress to do about interest payments on the deficit. In addition: The US' allies will be spending their money on their own weapons suppliers, instead of buying more weapons from the US that can only be used in the national interest of the US.

[@Acquisition1913]

Beware of Inflated AI stock
Risk

[@HardKore5250]

Just make music and movies using ai!

[@reginafefifofina]

0:04 do you need a troll? I just realized Ray Dalio is right, you need at least a $100k to do anything. I just realized Monopoly was always my favorite game. I started as the banker and it was said I cheated - but I’ve never lost a game even if I’m not the banker and I’ve had 2 margaritas.
I thought finance was a magical place where salty witty repartee peppered with foul language every so often was part of a healthy social diet?
Well at least I know why I’ve always been underprivileged. Finance is way more fun than video games.
I❤Stanley Bing 😂

[@winsonleow9660]

Tbh, AI has a lot of potential in making world much more efficient but I also actually believe AI is really oversold at this point.
Probably quantum computing plus AI innovation will make whatever people imagine possible..