After Hours Our Predictions for 2024
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Dec 27, 2023 Mihir and Felix dive into bold predictions for 2024, tackling everything from potential OPEC upheavals and the evolving role of AI in language, to the future of inflation in the U.S. Could inflating costs drop to 2%? They also explore Argentina's economic landscape under its new leader and the shifting perception of plastics. Plus, discussions on gaming acquisitions and the challenges of quantitative trading highlight the complexities ahead. Join them for a mix of insight, humor, and a bit of daring forecasting!
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OPEC's Future
- OPEC's stability depends on the price elasticity of oil demand.
- Renewables make demand more elastic, weakening OPEC's control.
AI's Trajectory
- AI advancements will shorten competitive leads in technology.
- Adoption and impact, however, will take longer and be more niche.
AI and Pornography
- AI-generated pornographic content will increase significantly as the tech spreads.
- Reputable companies currently restrict it, but less-reputable ones will exploit it.