From my experience, productivity will indeed increase but whether in future it would skyrocket is still unknown. Certain repetitive administrative tasks would be taken care of in the background. It also appears that AI has some level of creativity, which would be useful to improve certain non-routine discretionary tasks (but with human oversight). Beyond that, AI is still limited to human inputs. I won’t trust AI (yet) to perform tasks that are subjective. In conclusion, yes, AI will improve productivity, however it still depends on how much a company needs to pay and if that cost will really be translated to savings. What I expect to see? A lot of companies cutting jobs related administrative and HR, slowly moving into IT. This is already happening. With future robotics and further auto

I get your point and I agree that AI companies can’t build fast enough. Amuse me, I am poking holes on your thesis to cover different ground. Let just say the world economy collapsed tomorrow and remains badly affected for the next 3-5 years. Big corporations failed with massive retrenchment. Companies like Alphabet and Microsoft tried to charge companies for their employees AI tokens. The CFOs and financial controllers start limiting AI tokens used to key users only. While no new AI build continues due the lacking in finance, semiconductors and memory manufacturers still need to do what they do to survive the downturn. There would be excess capacity with little demand. It would reset the AI landscape in 5 years time, no? Ignore me… just my thoughts process of what could happen instead…

The share price has nothing to do with the market cap of individual companies. It depends on how many shares are on offer. For example, $SpaceX(SPCX)$ is $100+ however it is worth cost to a Billion dollar because it has been subdivided into lots of shares… so share prices are not an apple 🍎 to apple 🍏 comparison… be careful

Yup, I read that too… raw materials and hardware are the main costs now. Running cost will increase if we need lots of data centres. The development time spent to make data centres feasible in space will take us so far into the future anyway. I just hope that in the development process, Elon doesn’t generate sooo much space waste for our future generations 🙏

I agree with you... having said that, SpaceX value is crazy with a crazily small free float, so it's a manipulated stock to begin with. The valuation could also be adjusted if SpaceX crashed to a couple of dollars or even less than a dollar... but given that it is a manipulated stock, this likely won't happen in the near future. What more likely to happen is for the entire stock market to collapse... then SpaceX will show its true valuation...

Two caveats for this article: 1) the state of job market - vibrant or dead; 2) age of market participants. Sure, job hoppers might be rewarded when demands for workers are high and labour market is tight. The evolving market dynamics due to different skills set requirements, like AI related skills, will demand for fresh worker's skills anyway. As workers grow older, retrainability and adaptability come to fore. The reality is that younger generation might bring these relevant skills that older generation lack. The older ones would in turn look for more stability in job rather than simply pay hikes. The priority in life changes over time. I can only say that when young and able, explore and change all one wants... you will only get so much chances before you longed for stability over pay

Ahhh... moving finally into raw materials, starting with InP... more please [Tongue] [Sly] Will raw materials be the next wave? The scary part is actually the reality check on AI tech takeoff bottleneck... these shortages in raw materials are happening. It will lead to actual prices increase in all AI deliverables if they have not yet. TSMC has just issued a warning on it. It would then led to cost squeeze and possible inflation pressure. Would this be the last piece of puzzle that squeezes the world economy leading to recession and market crash? An important point to keep at the back of our mind...

The question is which Sunday [Happy]  [Facepalm]  [Tongue]  

He has planned a bomb 💣 with it, with only slightly more than 10% free float, he’s priming for short squeeze… with him holding 85%! What right does everyone else have except him!? It is a one-sided dictatorship relationship. He can do anything he wants. Like Tesla or worst, this would be his biggest personal piggy bank… it won’t ends well…