Excited to receive the first copies of the new edition of "Rise of the Robots: Technology and the Threat of a Jobless Future." Available on June 2. I have extensively updated the book to cover the latest advances in generative #AI and robotics and to examine the future
ECONOMY
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AI Stocks P/E Multiples Analyzed in Roaring AI Market
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Every week I look at how some of the best stocks have increased or decreased in value. Within a roaring market for AI, it’s important to keep an eye on stock valuations. Most TL20 names elevated, some discounted Most stocks in the TL20 have seen their P/E multiple and their
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Can $2 Trillion in AI Orders Justify $1 Trillion Spending?
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Will $2 trillion in AI orders really pay for $1 trillion in spending? If the $2 trillion backlog of orders actually materializes, then all this AI spending could be good idea. But you have to wonder about the enormous amounts pledged and the finances of the parties insisting
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AI and the Solow Paradox: Capital Productivity Over Labor
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@jfrial is right, we had a lot of trouble explaining the Solow paradox but we have some leads. Obvious value creation but where are the productivity gains? In capital, not in labor (productivity must be measured as capital productivity and labor productivity)
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AI Predicted to Create Massive Value for Humanity
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My prediction isn't cataclysmic: massive creation of value for humanity. Through AI. That's excellent news.
(and we've got two or three leads to explain the Solow paradox: inertia, measurement, culture, outlets…) -
Capitalism’s History: Substituting Capital for Labor Through AI
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This is not a prediction; it is the history of capitalism: we have been substituting capital for labor since time immemorial. First on physical tasks (industrial revolution), then on repetitive intellectual tasks (computing), and then complex ones (AI).
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Québec’s Sovereign AI Flagship: Frontier. AI-First. Sovereign.
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QUÉBEC ♡ AI / AI http://
QUEBEC.AI
Frontier. AI‑First. Sovereign. Québec’s sovereign AI flagship. https://
quebec.ai #QuebecIA #QuebecAI #IASouveraine -
US Tech Giants AI R&D Spending to Exceed $1 Trillion by 2027
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The R&D spending on AI by American tech giants will exceed 1 trillion in 2027 3 billion per day Europe is going to get crushed The political class is IRRESPONSIBLE The political debate is PATHETIC @LesEchos
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More SOTA AI Competitors Benefits Builders, Hurts Lab Pricing Power
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More SOTA competitors with fewer constraints is good for builders and bad for any single lab's pricing power. Both are simultaneously true.
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AI Threatens Entry-Level Jobs Across Key Industries
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AI Could Wipe Out Entry-Level Jobs, And That Should Terrify Business Leaders #AI is already reshaping entry-level #jobs, especially in areas such as #marketing, #finance, #law, #software development and #customerservice, where junior #workers often handle repetitive tasks. The