First time listening to this podcast. Hines comments didn’t age well even two weeks later. Failure to challenge Himes assertions, even with simple questions about supporting facts a real failure. If same approach to investment and finance, damn…..
I really appreciate your missives, and I have a question.
How do you think AI will shake out? It should make corporations’ profits sky rocket, but will put a lot of people out of work. Companies will be much leaner with higher margins, but with 20%+ unemployment (according to Sam Altman), won’t sales slump?
First time listening to this podcast. Hines comments didn’t age well even two weeks later. Failure to challenge Himes assertions, even with simple questions about supporting facts a real failure. If same approach to investment and finance, damn…..
Hi Paul,
I really appreciate your missives, and I have a question.
How do you think AI will shake out? It should make corporations’ profits sky rocket, but will put a lot of people out of work. Companies will be much leaner with higher margins, but with 20%+ unemployment (according to Sam Altman), won’t sales slump?
So how might that translate to the economy?