Long run like always, train America wins. I dont think we see a huge drop in SP500 anytime soon (maybe if AI makes everything worthless).
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Then they will give more weight to AI companies, and they will say the index is up.
yeah i think so too. My logic behind this is will the value taken the same value added?
You know like eat a 100B company, so will those 100B marketcap come on top or is the value of software = 0. Or something like this.
Same for knowledge work if it becomes a commodity. Would not be surprising if selling long term contracts in software/ knowledge work is now really difficult for those big players. Same for big consulting/ accounting.
So i dont know if the value will be 1 to 1, 1 to 0.5 or 1 to 2.
Lets say it ends up deflationary, the impact would be impossible to tell now.
Yes, it could, but humans will always want to interact with other humans, especially in consulting, so I am sure that entry-level and low-level jobs will cease to exist soon.
sure. The real impact is IMO impossible to see now. To early.
It can be like the Internet early. Some win and take it all, others lose the game and dont use it 2 decades later for business.
Maybe thats the most likely outcome.