Just watched the most recent podcast of @TheCompoundNews and I think @Downtown is turning into @Ritholtz little by little each day. The resemblance is uncanny
A few things from today. The next decade is the super cycle. Same disclaimer as always. it will be volatile, it will be so over and we are so back many times. But ultimately, this is over a decade period. going to be the larget bubble in human history.
Japan committing multiple trillions to the AI buildout over the next decade. Other govs will do the same.
We are going to see more robots than humans 10 years from now. The robot buildout hasn't even started. These companies aren't even public yet. Robots are solving for the 59T labor problem that exists today. Avg hourly wage is around $38, robots can get the job done for under $3-4 over its lifetime.
There is still a huge energy need, the AI buildout isnt complete. It also is going to take years
We are going to see rapid advancements in medicine as a result of AI. Speeding up time to market, research, and finding new cures.
There are going to be many bubbles, and side bubbles inside the broader bubble and super cycle.