By almost any metric you use, stocks are near the highest levels ever – once again on the 10th floor or higher. They could go up, of course. And maybe AI could power a whole new economic boom.
Reminds Me of the time I was placer mining . The saying back then was -how to make a little money? Take a big pile of money. Much to what You have just stated.
I believe AI is real and beneficial. The problem is that the swindlers and the government only go after projects where money can be hidden and spread about the expense of everything else. They are most certainly not in favor of something that may be smarter than they are or that could tell them what they are doing is wrong. It will be used at our expense for a while, then they will move onto the next white elephant. Unlike human beings, AI can be and is trained to learn from its mistakes. As we are seeing over in Ukraine and Iran, cheap drones are winning wars. It is not AK-47's anymore. How come nobody is talking about where these drones are coming from, who provided them or the technology to our enemy. People should buckle up, because if they are worried about gas prices, that is only the tip of the iceberg. Our so called NATO allies think they can sit this out, but they are going to be right in the middle of it. If Russia decides to drop a bomb on Kiev, and we drop one on Tehran, it is going to be show time, and $5 gas is going to be the last think you are going to have to worry about. Sorry about that!
Excellent column. Both Bill and Dan. I suspect that AI investment is well overdue for a correction. The dependence for funding is solved by investment but the need for power and cooling water remains. The politicians have taken note, the physics stubbornly resist the pull of investors emotion and all of it is due for a sudden correction - a reality check.
Bill seems to be asking if the glass is half full or half empty. The answer depends on your investing perspective which is informed by incomplete, convoluted, and inconsistent data. The confusion in the investment world in these days is immense. Save metals and do nothing.
Regarding “boltholes,” travel difficulties, government entanglements, and such like, are investments in France, Ireland, very rural Argentina, even Baltimore, worth the effort? Why not enlarge the compound in Laramie and move the whole kit and caboodle there?
Regarding the chart showing AI debt, Louis Navellier has this to say:
"Now, I read this article multiple times, and I have no idea what the author is talking about, except that she’s implying that technology companies are hiding $1.65 trillion in off-balance-sheet vehicles.
This was one of the most bizarre articles I’ve ever read. And I even hate to give it any time, but I just want you to know it’s bogus, okay? "
What is required to make a small fortune on Wall St?
A large one...
Reminds Me of the time I was placer mining . The saying back then was -how to make a little money? Take a big pile of money. Much to what You have just stated.
I believe AI is real and beneficial. The problem is that the swindlers and the government only go after projects where money can be hidden and spread about the expense of everything else. They are most certainly not in favor of something that may be smarter than they are or that could tell them what they are doing is wrong. It will be used at our expense for a while, then they will move onto the next white elephant. Unlike human beings, AI can be and is trained to learn from its mistakes. As we are seeing over in Ukraine and Iran, cheap drones are winning wars. It is not AK-47's anymore. How come nobody is talking about where these drones are coming from, who provided them or the technology to our enemy. People should buckle up, because if they are worried about gas prices, that is only the tip of the iceberg. Our so called NATO allies think they can sit this out, but they are going to be right in the middle of it. If Russia decides to drop a bomb on Kiev, and we drop one on Tehran, it is going to be show time, and $5 gas is going to be the last think you are going to have to worry about. Sorry about that!
Excellent column. Both Bill and Dan. I suspect that AI investment is well overdue for a correction. The dependence for funding is solved by investment but the need for power and cooling water remains. The politicians have taken note, the physics stubbornly resist the pull of investors emotion and all of it is due for a sudden correction - a reality check.
Bill seems to be asking if the glass is half full or half empty. The answer depends on your investing perspective which is informed by incomplete, convoluted, and inconsistent data. The confusion in the investment world in these days is immense. Save metals and do nothing.
Regarding “boltholes,” travel difficulties, government entanglements, and such like, are investments in France, Ireland, very rural Argentina, even Baltimore, worth the effort? Why not enlarge the compound in Laramie and move the whole kit and caboodle there?
Regarding the chart showing AI debt, Louis Navellier has this to say:
"Now, I read this article multiple times, and I have no idea what the author is talking about, except that she’s implying that technology companies are hiding $1.65 trillion in off-balance-sheet vehicles.
This was one of the most bizarre articles I’ve ever read. And I even hate to give it any time, but I just want you to know it’s bogus, okay? "
So I don't know what to think.
Well , I could say figures lie and liars figure. Does this help?