I think we're hardwired to fall for our confidence and charisma, so I don't think it's going to be changed. A new normal could actually only last a few months, a year, not really that long. And ultimately, we're going to revert back to our old habits of believing the hype and getting excited about chat GPT.
As loans get more expensive, what are the ripple effects for start-up companies in the tech industry?
(00:21) Bill Mann discusses: - Uber's 1st-quarter results and CEO Dara Khosrowshahi's declaration of profitability in 2023 - Pfizer's results beating expectations despite demand for its Covid vaccine is falling - Why he's more interested in the Federal Reserve on Wednesday than the jobs report on Friday
(10:49) Alison Southwick and Robert Brokamp continue their conversation with Bill Mann about how the "new normal" is affecting the tech industry in Silicon Valley.
Investments discussed: UBER, PFE, MRK, AAPL
Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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