All Roads Lead To A.I.

If you're biased against equity rallies built on hype, greed, mania and other manifestations of human psychology run amok, I have some potentially distressing news: All market rallies are, to a greater or lesser extent, a function of humanity's penchant for irrationality. The same is true of selloffs, by the way. Of course, some rallies are more susceptible to allegations of mania than others, just like some selloffs are better described by reference to overwrought despair than to deteriorating

Get the best daily market and macroeconomic commentary anywhere for less than $7 per month.

Subscribe today

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

7 thoughts on “All Roads Lead To A.I.

  1. I am a believer in AI. There will be positives, and of course, negatives- but I believe the positives will far outweigh the negatives over time.
    AI can not be put back into the box from which it came.
    Remember that only 44 years separated the Wright Brothers first flight and Chuck Yeager achieving Mach1. Twenty two years after that, Neil Armstrong, walked on the moon, famously declaring, “that is one small step for man, one giant leap for mankind”.
    Buckle up!

    1. EN – nice to “see” you again. I had thought of you earlier today when I heard a snippet on the radio that immigrants were responsible for half of the recent workforce growth. (Though DeSantis has made clear that they are not welcome in his state.)

      1. I am still wildly in favor of lawful immigration, however, I am coming around to thinking that if Congress can’t legislate immigration, then why not allow illegal immigration!

        I took an absence from almost everything else in my life for the last 3 months so that I could provide hospice care for my 89 year old mother. She was a fantastic mother, who I loved very much. She fearlessly stayed true to herself to the very end, in spite of knowing her life was almost over and, honestly, it was a gift to me that she even wanted me with her at the end of her life.
        I went all in. ??

NEWSROOM crewneck & prints