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AI and Bond Market Dynamics
This chapter explores advancements in artificial intelligence, particularly the evolution of models like GPT-4 and expectations for GPT-5, while emphasizing the societal impact of these technologies. It also provides an in-depth analysis of the bond market, focusing on long-duration bond ETFs amid unprecedented market volatility and investor psychology. The discussion reflects on historical trends, risks in the current investment landscape, and the distinction between speculation and genuine investment.
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