Shots fired. Even the republicans will not be able to ignore this and they know that if Powell caves in the American economy will likely collapse. So who will speak up in his defense?
Oh boy would I love to join you in whatever alternate dimension you live in.
He operates on a version of America that is a shadow of the old nation, and in that shadow, it doesn’t actually need the capabilities and complexities it had developed over the past century. It needs to be simple enough to get votes and conversation points on Fox, and everything else can be blamed on some meme of the moment. It’s insane to see, but apparently we have the technology to make Hallucination driven government work.
Excuse me? It lost over 10% in a year against the euro and almost 10% against the British pound.
Remember the first time you wanted to buy a stock.
You used a product or a service that you liked immensely, realized it had a stock and wanted to be involved.
1 billion people are using AI, not dramatically changing their lives yet of course but for sure they go 'wow incredible I want to be part of this' when they make a video with Sora or generate a pamphlet without having to work
Subtract the part that doesn't know they're using AI or when they do know have mixed experiences.
Then subtract the vast vast majority of people who don't have the money to invest.
I don't think we're disagreeing with each other in that we both think that ai will continue to be a successful industry, and furthermore that we both think that investors think the same. I'm simply hypothesizing an origin for the widely acknowledged bubble in ai stocks.
GOP: "Hold my beer."