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Mike Stein's avatar

Tangentially-related: artificial intelligence. While all of the things that Matt listed need to happen (or need to happen and won't -- TBD), there is an existential threat to stability: AI.

You'll read in the media that AI has been a bust so far. And, that's pretty much 100% true if you are an AI investor -- your ROI is prob negative.

But, and this is important: AI is already damn good, and it's getting better by the minute. AI companies haven't turned their products into serious money -- but, other companies have. Just ask consulting companies who are watching client AI use eat their lunch (the consultants' lunch). You don't have to take my word for it -- look what it's doing to McKinsey & Co, for example.

So, my point: while we are reshaping guvmint, AI will be reshaping everything (including, guvmint). It makes my head hurt. Keep your eye on AI.

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