Been following since Charles Street days. Good essay. The invisible hand is indeed the AI benefit due to productivity. More efficiency is the engine of the universe, entropy notwithstanding. God seems to like it. So I agree about the eventual vanishing of competitive advantage due AI everyone has access to, but innovation is still king, and itself the productivity engine of a market. So while PLTR may be optimistically priced, it is still the innovator in its space, and I can still set stops to protect profits on overwrought stocks. PS. Not optimistic about employment, and the deportation of these hardworking, culture reinforcing migrants in monumentally stupid, saying nothing about the morality, laws or no laws.
I haven't yet found any AI chatbots on company websites (multiple ones) that answer ANY of my questions. I always need to talk to a live person—often unavailable—to explain my problem. Utterly worthless!!! Others are relating to me as a marketing professional their unnerving encounters with AI when trying to get orders filled accurately, returns processed, important product information, etc. All the idiots that hopped on this bandwagon and thought it would solve their customer service problems automatically are alienating customers left and right. Human history is replete with such boondoggles, and here's another one.
Been following since Charles Street days. Good essay. The invisible hand is indeed the AI benefit due to productivity. More efficiency is the engine of the universe, entropy notwithstanding. God seems to like it. So I agree about the eventual vanishing of competitive advantage due AI everyone has access to, but innovation is still king, and itself the productivity engine of a market. So while PLTR may be optimistically priced, it is still the innovator in its space, and I can still set stops to protect profits on overwrought stocks. PS. Not optimistic about employment, and the deportation of these hardworking, culture reinforcing migrants in monumentally stupid, saying nothing about the morality, laws or no laws.
I haven't yet found any AI chatbots on company websites (multiple ones) that answer ANY of my questions. I always need to talk to a live person—often unavailable—to explain my problem. Utterly worthless!!! Others are relating to me as a marketing professional their unnerving encounters with AI when trying to get orders filled accurately, returns processed, important product information, etc. All the idiots that hopped on this bandwagon and thought it would solve their customer service problems automatically are alienating customers left and right. Human history is replete with such boondoggles, and here's another one.