Bloomberg Daybreak: US Edition New Years Special: Tech Trends with Ives and Munster
Jan 1, 2025
Join Gene Munster, a leading tech analyst from Deepwater Asset Management, and Dan Ives, the Global Head of Tech Research at Wedbush Securities, as they delve into the transformative power of AI on the market. They discuss the booming tech market, predicting AI investments will soar to $2 trillion. The duo explores how AI could reshape economic paradigms, pulling parallels with the 1990s boom. They also analyze the future of key players like NVIDIA and Tesla amid rising demand and geopolitical tensions.
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Episode notes
AI Adoption Still Early
- OpenAI's daily active users are around 150 million, while Google Search has 2.5 billion daily active users.
- This suggests that AI adoption, while hyped, is still in its early stages.
AI Party Just Started
- The AI boom is likened to a party that's only at 10 PM, implying it's still early.
- A $2 trillion AI capex cycle is just beginning, suggesting continued growth.
Focus on AI Winners
- Focus on the winners in tech, particularly those in the AI revolution.
- Tune out the noise and don't get caught up in valuation concerns.