Brad didn’t say what he’s investing in after all that. I’ve heard Peter Thiel say the same thing “we’ll see this mirror the internet”. You can wait until the equivalent of 2004 in the internet.
I think deployment is probably going to take longer. Maybe 3-4+ years until it permeates a majority of businesses. The growth in productivity will be the main driver of the supercycle. This would cause a bubble that bursts. Then they'll cut human resources, within the lower 80% of AI users, and keep the top 20%. UBI follows.
Ai and automation will usher in amazing technology and productivity, but little to none of the profits and savings will go to the people, just like right now. The wealthy will get even more uber rich while the middle class - especially families, will vanish. >60% of all people in the US will be pushed down even further. We are about to experience massive unemployment unfolding rapidly, and the society will become even more polarized and unstable. Add to this dealing with climate change, and the fact that billionaires own the government and all its big contracts, along with almost everything else. Democracy is dying because politicians, especially Republicans (yes, lookup who proposes laws good for the people and society and who consistently knocks them down), are not passing laws that protect the people. Americans are scr$$ed. The US needs its own French Revolution before it’s too late.
SuperCYCLE. Whenever I hear that a crash happens. Same thing with bitcoin. The bitcoin supercycle then it crashed. But there are many good AI infrastructure plays now. Then we see if the apps can hit.
I am a fan of Joe Lonsdale from his work creating UATX. Had not heard of Brad Gerstner before...smart dude.
I made some money from Brad's advice on META when it was in the 90s...
Lmao.. that smirk when he had to mention bytedance.. fair play Joey.
😂
Great interview, and surprising to see Brad actually acknowledging the significance of Palantir (ie since he had chosen SNOW over PLTR)!
Thanks for watching!
I think like Brad. Thanks, Joe.
Very cool. More long form format please. Super insightful.
More to come!
Is there a full interview with Brad?
Full interview here: ua-cam.com/video/cnDrFBzRfgc/v-deo.html
@@Joe_Lonsdale 🙏
Once again, anotha gem
Thanks 🙏
This sucks for people in school studying engineering and CSI?!!? 😢😢😢
Brad didn’t say what he’s investing in after all that. I’ve heard Peter Thiel say the same thing “we’ll see this mirror the internet”. You can wait until the equivalent of 2004 in the internet.
I think deployment is probably going to take longer. Maybe 3-4+ years until it permeates a majority of businesses. The growth in productivity will be the main driver of the supercycle. This would cause a bubble that bursts. Then they'll cut human resources, within the lower 80% of AI users, and keep the top 20%. UBI follows.
❤❤❤❤❤❤❤
Palantir $PLTR #PLTR 🎉
🥳✌️
Guy sounded intelligent until I heard “Bytedance investor” 🤮
I’d be willing to bet you that you and all your friends could retire off the money he’s already made from this investment .
@@car-p6p he wont let u smash vro
Ai and automation will usher in amazing technology and productivity, but little to none of the profits and savings will go to the people, just like right now. The wealthy will get even more uber rich while the middle class - especially families, will vanish. >60% of all people in the US will be pushed down even further. We are about to experience massive unemployment unfolding rapidly, and the society will become even more polarized and unstable. Add to this dealing with climate change, and the fact that billionaires own the government and all its big contracts, along with almost everything else. Democracy is dying because politicians, especially Republicans (yes, lookup who proposes laws good for the people and society and who consistently knocks them down), are not passing laws that protect the people. Americans are scr$$ed. The US needs its own French Revolution before it’s too late.
SuperCYCLE. Whenever I hear that a crash happens. Same thing with bitcoin. The bitcoin supercycle then it crashed. But there are many good AI infrastructure plays now. Then we see if the apps can hit.
He never said there there won’t be a crash