You know how football/baseball players can't gamble on the games... Is there a law/rule saying that fox/yahoo/CNBC analyst can't gamble on wall street?
As AI increasingly automates jobs, there’s a risk of significant economic disruption. If humans lose income, they may reduce spending, leading to declining demand for goods and services. This, in turn, could shrink the overall economy, creating a cycle of contraction. Lower birth rates, a potential consequence of economic uncertainty and lifestyle adjustments, might exacerbate the issue by reducing future labor force and consumer markets. If this cycle continues unchecked, the economy could struggle to sustain itself, and the enormous investments in AI might appear futile, especially if they fail to deliver societal benefits. In such a world, AI could ironically become a "waste technology" - an innovation that consumes resources but doesn’t generate meaningful returns for the broader population.
I don’t understand why everyone’s rushing to this AI stuff when there’s nothing to show for all the money and work people have done in the name of AI. Other than answering questions…where is AI improving our lives or helping in some functions ?
Hi Kavid. Completely get where you're coming from, especially with mere question answering applications. I think a lot of the Gen AI wave is really early, still, in showing return on investment. But we can look back on previous eras of AI to see that AI can generate a very significant return. Consider predictive AI, which powers everything from shopping recommendations to your RUclips feed. That AI has created trillions in market cap already. I think it will take a long time to play out, but will be extremely valuable. Hope that helps.
Thanks for listening Justin. I think we're very early in the Gen AI cycle, and definitely in hype. But we can learn a lot from the previous AI waves, like predictive AI that powers everything from shopping recommendations to your RUclips feed. That AI already drives a ton of value and I think Gen AI will take some time.
The internet enabled globalisation, cheaper goods, interconnectedness through social media/apps like uber and Airbnb I can see how powerful AI can be in some applications but I’m really struggling to see how it will compare to the internet. From what I can see, it seems like AI and Chatbots will be commoditised. That being said I don’t think hallucinations will ever completely be solved, this is the headwind that will prevent agents to be fully adopted. I believe it will cause a failure in trust being established by businesses and consumers. Thanks for the response👍🏾
Great interview
So glad you enjoyed it. Thank you for sharing.
@@KonstantineBuhler-op9ew Nice interview! Could you please list out few AI agents helping you to speed up the work efficiency on daily basis?
Excellent interview
Wonderful informative video, I have learned a lot about AI and the future of AI,Many thanks
So glad you found it informative Max. Thanks for listening.
insane vc fit on my guy
Ha. Thanks.
I like her passionate interview
sequoia is the first pe firm to believe in nvidia and jensen huang. fun fact. because of their trust in jensen we are here today. 💚🖤📈🇺🇸
I am watching
everyone was saying ai hype and now real quiet. 🤫 i won 💚🖤📈🇺🇸
Matt you were right.
@ thx i don’t throw darts at a board, i go with sure things like gordon gekko. that is why i am a rich 💰😇
If I ever saw a real life Ken doll.
You know how football/baseball players can't gamble on the games... Is there a law/rule saying that fox/yahoo/CNBC analyst can't gamble on wall street?
Kate thirsty
As AI increasingly automates jobs, there’s a risk of significant economic disruption. If humans lose income, they may reduce spending, leading to declining demand for goods and services. This, in turn, could shrink the overall economy, creating a cycle of contraction. Lower birth rates, a potential consequence of economic uncertainty and lifestyle adjustments, might exacerbate the issue by reducing future labor force and consumer markets.
If this cycle continues unchecked, the economy could struggle to sustain itself, and the enormous investments in AI might appear futile, especially if they fail to deliver societal benefits. In such a world, AI could ironically become a "waste technology" - an innovation that consumes resources but doesn’t generate meaningful returns for the broader population.
I don’t understand why everyone’s rushing to this AI stuff when there’s nothing to show for all the money and work people have done in the name of AI. Other than answering questions…where is AI improving our lives or helping in some functions ?
Hi Kavid. Completely get where you're coming from, especially with mere question answering applications. I think a lot of the Gen AI wave is really early, still, in showing return on investment. But we can look back on previous eras of AI to see that AI can generate a very significant return. Consider predictive AI, which powers everything from shopping recommendations to your RUclips feed. That AI has created trillions in market cap already. I think it will take a long time to play out, but will be extremely valuable. Hope that helps.
A career in VC appealed to me in my youth. Now it seems so icky.
So these are the kids fueling the vc boom in AI
I don’t see the value in this. Seems overhyped. Chatbot’s just don’t have much utility in the grand scheme of things… great tech though
Thanks for listening Justin. I think we're very early in the Gen AI cycle, and definitely in hype. But we can learn a lot from the previous AI waves, like predictive AI that powers everything from shopping recommendations to your RUclips feed. That AI already drives a ton of value and I think Gen AI will take some time.
The internet enabled globalisation, cheaper goods, interconnectedness through social media/apps like uber and Airbnb
I can see how powerful AI can be in some applications but I’m really struggling to see how it will compare to the internet.
From what I can see, it seems like AI and Chatbots will be commoditised. That being said I don’t think hallucinations will ever completely be solved, this is the headwind that will prevent agents to be fully adopted. I believe it will cause a failure in trust being established by businesses and consumers.
Thanks for the response👍🏾
Strange rooster
hi @kostantine which ETF focused on AI would you recommend looking into ?