Why Krugman Is Wrong About AI
Pundits like Nobel Prize-winner Paul Krugman will try to dismiss AI in the coming weeks. But Krugman was wrong about the internet, and he’s wrong about AI now.
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Displaying results 49-54 out of 214 for "predictions"
A New Style of Investing is Required for This Market
Put even more simply, a paradigm is the set of “rules” that govern our perception of reality. It’s our beliefs, our framework for understanding the universe. To borrow a phrase from the writer Ben Hunt, it’s the “common knowledge,”...
The Bear Market Isn’t Over
As it happens, the Dow Jones topped out at 2722 precisely on August 25th of that year. It was the all-time high for 1987. And it was a level that the Dow would not see again until two years...
TSMC Expands to the U.S. and Japan
There is a great recalibration of the world’s manufacturing infrastructure underway. After decades of centralizing in one region of the world, we are witnessing a swing back to a distributed, decentralized manufacturing infrastructure closer to where key customers are...
Money Market Rates Are on the Rise
Bank solvency has been preserved thanks to the Bank Term Funding Program (BTFP) injecting cash into banks in exchange for bank collateral in the form of U.S. Treasuries and mortgage-backed securities at par value. But it hasn’t stopped the...
The Good—and Bad—That Comes With Tech Breakthroughs
I’ve also been very critical of any company that surveils a population without their consent and generates revenue from the sale of that collected data, or through selling access to that data for advertising purposes.