Artificial Intelligence is projected to increase the GDP by 130% according to Cathie Wood's Ark Investment Management
This is significantly higher than all major advances in technology including the Steam Engine and the Internet. Source: Barchart, Ark Invest
A nice visual by Visual Capitalist.
There's $450 Trillion in Global Wealth. There are 60 million millionaires. Forecast to be 86 million millionaires by 2027. The number of people in the lowest wealth range has fallen dramatically. The middle class doubled since 2000. https://lnkd.in/eVpj_Uk8
The Keys to success
by-agrassoblog.org
Valuations today:
Apple: $2.8 trillion BlackBerry: $1.5 billion Valuations 15 years ago: Apple: $79 billion BlackBerry: $28 billion Source: Jon Erlichman
Berkshire Hathaway's Japanese Investment Are Starting To Pay Off
Source : chartr, yahoofinance
Wendy’s might try Uber-style surge pricing for burgers
Wendy's wants to use new digital menu boards to change prices based on overall demand. Wendy's will start experimenting with surge pricing, much like Uber and Lyft, as the company rolls out digital menus to all its United States restaurants by 2025. source : quartz
Food for Thoughts
Source: J-C Parets
Data center energy demand is expected to continue to grow at a brisk pace due to increased usage of AI 🤖
We'll continue to need as much energy as we can get from almost anywhere we can get it... Source: Bloomberg, Markets & Mayhem
