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Bloomberg Talks

Deepwater Partner & Co-Founder, Eugene Munster

Nov 21, 2024
Eugene Munster, Co-founder of Deepwater Asset Management and a tech investment expert, delves into today's transformative moment in technology. He highlights the revolutionary potential of AI, likening it to past advancements like electricity and the internet. Munster discusses investment strategies focused on AI, emphasizing performance differences between hardware and software. He also explores Snowflake's role in AI-driven data management and the essential human qualities in asset management that technology can't replicate.
11:16

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The transformative potential of AI is poised to revolutionize industries in 2024, marking a pivotal moment in technological advancement.
  • Significant investment trends in hardware, particularly in companies like NVIDIA, are indicative of a broader shift towards impactful AI software applications.

Deep dives

The Exciting Era of AI and Technology

The discussion highlights the transformative potential of artificial intelligence (AI) in the coming years, suggesting that 2024 could be among the most innovative years in recent history. The speaker reflects on the rapid evolution of technology, comparing AI's anticipated impact to significant historical developments like the Internet and electricity. A key point made is that while AI hype is prevalent, the actual benefits and applications of AI are just starting to emerge, with predictions for substantial market growth driven by AI-related innovations. This ongoing transition from infrastructure building to real-world applications promises to affect various sectors, underscoring the urgency of understanding AI's implications.

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