Word on the Street #312 Tech bubble?
10 snips
Mar 13, 2025 In this discussion, Ben Rogoff, Fund Manager at Polar Capital with over two decades in tech investments, shares his insights on the ongoing AI revolution. He explores how tech is reshaping market dynamics and contrasts today's giants with those of the past. The conversation dives into the societal impacts of AI advancements, from job market disruptions to international tech competition. Rogoff also stresses the importance of investing wisely amidst technological changes, highlighting the need for innovative strategies in a rapidly evolving landscape.
AI Snips
Chapters
Transcript
Episode notes
Industrial Revolution and Returns
- Long-term asset returns are driven by industrial revolutions.
- Diversify globally to benefit from this long-term growth.
AI's Importance
- Artificial intelligence (AI) is the most important technological advancement.
- It's crucial for the future of tech and other emerging technologies.
AI and Capital Expenditure
- Increased capital expenditure in AI reflects the need for larger compute clusters and data.
- Model improvements in AI are significant, even if they don't always make headlines.