What a difference a day makes. After rising on expectations of a September rate cut, stocks sell off after a slew of data points to recession. — Read on http://www.bloomberg.com/opinion/articles/2024-08-02/market-selloff-fed-may-have-played-the-rate-cut-waiting-game-too-long Continue reading Market Selloff: Fed May Have Played the Rate-Cut Waiting Game Too Long – Bloomberg
Microsoft’s AI Dreams Make for an Expensive Reality. This challenge has hit home for Alphabet, Meta, Amazon too. These companies will need smaller incremental gains in Productivity to develop confidence in AI as an Industrial Revolution game changer. Continue reading Microsoft’s AI Dreams not aligned with productivity growth timing expectations
Where are we with AI now evolution Introduction I have written about AI from business perspective. Here I will look forward and cover how my original vision of AI as a business tool is coming along. Artificial Intelligence was introduced to most of us as ‘smart chat’. My original belief however was shaped earlier in 2023 which took it much further than chat. The shift in my vision took the impact a holistic vision of business benefit, social change and structural change. The model I had in mind is the British Industrial revolution which I covered earlier. There the shifts … Continue reading The Productivity Era
Bankwatch 