Market Musings 270523: Is AI the next Big Thing (for investors)?

Market Musings 270523: Is AI the next Big Thing (for investors)?

Nvidia’s post results surge underlines the hype over ChatGPT and AI

Summary:

Artificial Intelligence: A Bubble, or the Next Big Thing?Gartner’s Hype CycleChatGPT the trigger for AI excitementNvidia the Poster Child for Investing in AIIf you want to invest in AI, how else can you invest apart from Nvidia?Finally, what could the macro impact of AI really be?

Weekly Podcast: The US debt ceiling: the final countdown

Is 1 June a scary date?Can the American President really invoke the 14th amendment?Why are CDS prices so high but the probability of the US default is not?Why is the T-bill dislocated?

Artificial Intelligence: A Bubble, or the Next Big Thing?

There is no doubt that there is a huge amount of hype in today’s financial markets around the theme of Artificial intelligence (AI).

While AI has been around for many years (I myself completed a Doctorate in Artificial Intelligence in the early 1990s), the technology finally seems to be hitting the mainstream in terms of applications in...