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AI’s Trough of Disillusionment with Jeff Richards | Okay, Computer.
Sep 10, 2024
Jeff Richards, Managing Partner at Notable Capital, shares his insights on the shifting landscape of generative AI and its market impact. He discusses how major players like NVIDIA and Google are shaping valuations and investment trends, while also addressing the challenges facing tech IPOs and the role of the 'Mag 7' stocks. The conversation touches on recent developments at Apple, the slow tech adoption in finance, and the influence of private equity and credit in today’s high-rate environment. It's a deep dive into the future of AI and the complexities of capital allocation.
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Quick takeaways
- The shift in capital allocation from private markets to major tech stocks like MAG7 reflects investor preference for perceived safety during market volatility.
- Despite the transformative potential of generative AI, many software vendors struggle to show its revenue growth, leading to softness in the software market.
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Discover
highlights
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