Investors Bet on AI — and Gold
profgmarkets.com
Investors Bet on AI — and Gold
Worrying signs
There are growing, worrying signs that the optimism about AI won’t pan out.
An MIT report found 95% of organizations surveyed are getting no return on their AI product investments. A University of Chicago economics paper found AI chatbots had “no significant impact on workers’ earnings, recorded hours, or wages” at 7,000 Danish... See more
There are growing, worrying signs that the optimism about AI won’t pan out.
An MIT report found 95% of organizations surveyed are getting no return on their AI product investments. A University of Chicago economics paper found AI chatbots had “no significant impact on workers’ earnings, recorded hours, or wages” at 7,000 Danish... See more
wsj.com
Tom Lee suggests AI could cause a Black Swan event in two opposite ways.
If AI succeeds too quickly, it might replace human labor entirely, disrupting economies and making human work—and maybe even money—less valuable.
If AI stalls or fails, it could crash markets built on inflated... See more
Wes Rothx.com