2min snip

The Compound and Friends cover image

Michael Cembalest Returns

The Compound and Friends

NOTE

**Copilot is being used to write 40+% of code now **

US companies may face disadvantages due to AI competition leading to potential market saturation and falling profit margins. The AI arms race among tech giants like Microsoft Azure and AWS could result in excessive spending and decreased profitability. The CEO of Nvidia expressed uncertainty about how generative AI and large language models will significantly impact daily lives in the near future compared to past transformative technologies like the internet. Despite this, Co-pilot, a large language model tool, is revolutionizing programming by being used to write or edit a significant portion, around 40 to 60 percent, of all code currently.

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