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17min chapter
Callum Williams: Economics, AI, and Technological Progress — #82
Manifold
Evaluating AI's Impact on Market Dynamics
This chapter explores the valuation of the 'Magnificent Seven' companies amidst concerns of a potential bubble fueled by AI expectations. It delves into the complexities of revenue generation in AI, the risks involved, and the implications of regulatory frameworks on technological advancement. The discussion also critiques the reliance on AI for information and the historical context of innovation, emphasizing the need for critical engagement in the face of superficial data.
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