The content just gets better. Been watching since 2015 and i love your content, guests and way the info is presented. Always watch when it airs at 1230 central time every Sunday on our local PBS station. Bless you and Happy Easter!
I also wish that Ed had given us his take on the hyperbolic move upward in GOLD PRICES..so far, this year. HOLY SMOKES..could gold be the new BITCOIN??
it is great to hear an advisor be pro American stocks. I refuse to send my money overseas, ADR's will pay foreigners last in a default. I avoid them. America need to do the same to foreign investors. People overseas tell me they use American stocks as a tax hedge ,they PAY NO TAX. GREAT JOB AMERICAN POLITICIANS TAX ONLY AMERICANS SMH
l find it puzzling when people say robots can't do a job. they could do every job ,so we could get fat and lazy ,what a boring lonely life ai will bring.
Most people are missing the point on Ai and what its use cases are for. The main reason for Ai is to drive productivity and reduce overhead cost for labor. It is not the be all solution for anything you want an LLM to do for you. For the most part individuals won’t have access to the real Ai for many years because the cost of adoption is too high. Think about the 50 largest corp in the world and you have your use case. These are the entities that will adopt Ai and not the everyday retail clients. It will be many years before Ai revolution comes to America near you, in large part, we don’t have the energy capacity to consume it.
depends on the definition of 'intelligent'.... but regardless, it's temporary anyway, just a matter of time for AGI that surpasses all human abilities.
The LLMs are impressive in some respects, but fall flat on their face in others. Sometime in the next decade or two, I believe we will see the real deal AI. But it doesn't mean that LLMs aren't helpful. Their output just needs to be reviewed for validity and optimization.
Ed literally samples his billionaire friends as "the babyboomer generation" - "we literally just go to restaurants before the golf club..." - awesome! Of course, it was not the crazy fiscal deficit that prevented the US from the recession, oh nooooo...it was golf clubs and babyboomer retirees. Haha, a funny guy.
The concept of AI replacing humans has a parallel to those in politics who tried to privatize Social Security. First, you privatize a respected governmental agency/policy, then the private system falters (with equal measures of greed and incompentency), and then, benefits are denied and our revered government can simply declare: "Sorry, it´s not our fault". Let us get in front of this wave and not accept from the outset that if someone is so foolish and careless as to replace human reasoning with that of an undefined system, that someone is NOT PERMITTED to say afterwards, "it´s not my fault." Indeed, the problem is SOLELY that someone´s fault.
Hating on AI lol 😂 the old guard always dismissing new phenomenons and people that scares them. Accept it, embrace it, learn about it, because it’s beautiful and radical technology..
I appreciate his cautious approach. What he misses in his criticism is that once the AI is taught that it has made a mistake it won’t keep making it, unlike humans. And one of the mistake humans make over and over is to mortgage their houses to buy tulip bulbs. I wonder if, with a good knowledge of this history of financial manias, AI would go all in on AI? The truth usually lands somewhere between revolutionary and evolutionary.
Ed Yardeni has absolutely no business talking about AI. This is total nonsense. Edit: His description of how LLM's work is 100% wrong. He has no idea what he is talking about.
Yea - he completely missed the younger under 40 generation. Not to worry, Boomers are eating out a lot - that will kill them eating restaurant food. Those real estate is coming to to market soon
"K" shape recovery is BEAUTIFUL for those on the upward/incline part of the K...those on the downward/decline...GOOD LUCK 👍🏿& GOD BLESS🙏🏽!
This man has A library. And compared to most CNBC talking heads, it's very respectable.
Just another talking head.
😀Ed Yardeni is always great. Thanks for the insight. Great video. Very informative.
The content just gets better. Been watching since 2015 and i love your content, guests and way the info is presented. Always watch when it airs at 1230 central time every Sunday on our local PBS station. Bless you and Happy Easter!
Calling oil price as the biggest risk factor 5 days before it actually broke out - simply amazing, for the books:)
Good talk. And they are wearing matching jackets.
Great observation 😂
Ed Yardeni is a wise man!
I also wish that Ed had given us his take on the hyperbolic move upward in GOLD PRICES..so far, this year. HOLY SMOKES..could gold be the new BITCOIN??
Can’t catch up with the gold uptick ❤
it is great to hear an advisor be pro American stocks. I refuse to send my money overseas, ADR's will pay foreigners last in a default. I avoid them. America need to do the same to foreign investors. People overseas tell me they use American stocks as a tax hedge ,they PAY NO TAX. GREAT JOB AMERICAN POLITICIANS TAX ONLY AMERICANS SMH
Thanks!
He hit his point on his opening statement. He’s correct and you still have to use google with it, because it does get things wrong..
Ed will probably be alive long enough to have a robot perform surgery on him. Lol
l find it puzzling when people say robots can't do a job. they could do every job ,so we could get fat and lazy ,what a boring lonely life ai will bring.
Consuelo and Ed. It was my pleasure!
Thank you!
Brilliant content, thank you!
Brava Consuelo! Excellent interview! Buona Pasqua
Looking sharp -did you co-ordinate outfits ,gray suits blue tie shirt
Most people are missing the point on Ai and what its use cases are for. The main reason for Ai is to drive productivity and reduce overhead cost for labor. It is not the be all solution for anything you want an LLM to do for you. For the most part individuals won’t have access to the real Ai for many years because the cost of adoption is too high. Think about the 50 largest corp in the world and you have your use case. These are the entities that will adopt Ai and not the everyday retail clients. It will be many years before Ai revolution comes to America near you, in large part, we don’t have the energy capacity to consume it.
Happy Easter 🐰🐤🌹🌷🌼🌻
Two of my favorites. Consuelo and Ed Yardeni
depends on the definition of 'intelligent'.... but regardless, it's temporary anyway, just a matter of time for AGI that surpasses all human abilities.
There will always be piece meal progress, two steps forward one step back, on specific tasks. Not yet a general intelligent robot human being.
The LLMs are impressive in some respects, but fall flat on their face in others. Sometime in the next decade or two, I believe we will see the real deal AI. But it doesn't mean that LLMs aren't helpful. Their output just needs to be reviewed for validity and optimization.
💎 Cognizant Technologies 💎 (CTSH)
Ed literally samples his billionaire friends as "the babyboomer generation" - "we literally just go to restaurants before the golf club..." - awesome! Of course, it was not the crazy fiscal deficit that prevented the US from the recession, oh nooooo...it was golf clubs and babyboomer retirees. Haha, a funny guy.
The concept of AI replacing humans has a parallel to those in politics who tried to privatize Social Security. First, you privatize a respected governmental agency/policy, then the private system falters (with equal measures of greed and incompentency), and then, benefits are denied and our revered government can simply declare: "Sorry, it´s not our fault". Let us get in front of this wave and not accept from the outset that if someone is so foolish and careless as to replace human reasoning with that of an undefined system, that someone is NOT PERMITTED to say afterwards, "it´s not my fault." Indeed, the problem is SOLELY that someone´s fault.
I trust private over govt anyday .I never hear your IRA or 401K is about to go broke, and it never has.
Apple has Ai with Siri and it still sucks
Invest in S&P 1500 ❤
Why not just say total market.
Hating on AI lol 😂 the old guard always dismissing new phenomenons and people that scares them. Accept it, embrace it, learn about it, because it’s beautiful and radical technology..
I appreciate his cautious approach. What he misses in his criticism is that once the AI is taught that it has made a mistake it won’t keep making it, unlike humans. And one of the mistake humans make over and over is to mortgage their houses to buy tulip bulbs. I wonder if, with a good knowledge of this history of financial manias, AI would go all in on AI? The truth usually lands somewhere between revolutionary and evolutionary.
What? Like ESG investing and 5G investing? How did those do? Or have you conveniently forgotten those?
Ed Yardeni has absolutely no business talking about AI. This is total nonsense.
Edit: His description of how LLM's work is 100% wrong. He has no idea what he is talking about.
Many seniors are struggling & majority of younger people can’t buy homes - how did he miss that
You see a tyrant wannabe in the US
Your generation owns all the houses close to jobs and wants insane prices, so the younger generations can’t buy. Shame on you Ed
Yea - he completely missed the younger under 40 generation. Not to worry, Boomers are eating out a lot - that will kill them eating restaurant food. Those real estate is coming to to market soon