The Impact of Rising Bond Yields on the Tech Sector and the Role of AI

The speaker discusses the challenges faced by the technology sector due to rising 10-year bond yields, but expresses optimism about the improving fundamentals in tech. They highlight the role of artificial intelligence in this improvement and discuss positive signs such as workload optimization and an increase in new project starts. The chapter also touches upon concerns about China's influence and the potential impact of the geopolitical backdrop on the economy and cloud/SaaS companies.