3d ago
AI vs. 90’s Tech Bubble: Lessons for Smart Investing
Dive into the parallels between today's AI hype and the late 90's tech bubble. Discover similarities, differences, and valuable lessons for investors. Explore how historical trends can guide us in making smarter investment decisions amidst the current AI craze.
Episode Highlights:
AI's transformative potential, economic disruptions, and cybersecurity risks, balancing its benefits with potential drawbacks.
The true cost of technology, particularly AI and its impact on the job market, including potential job losses.
Energy usage and carbon footprint of AI platforms like ChatGPT, alongside the resource requirements of electric vehicles and AI technology.
The adverse impacts of technology on social behavior, productivity, and the risk of dependency, prompting the necessity for a 'tech detox.'
The speed of market transactions, the shift to decimal stock prices, blockchain technology, and the environmental impact of AI and digital technology.