Emerson Electric CEO:
"AI data center racks consume significantly more power than traditional data centers with a search on ChatGPT consuming 6 to 10 times the power of a traditional search on Google" $EMR $GOOG $GOOGL $MSFT Source: The Transcript
What is the Piotroski Score? It is a method of ranking the financial strength of a company
Using 9 questions, you can quickly determine the financial strength of Google or many others. Source: The Investing for Beginners Podcast
“Often times, the ones that are successful loved what they did so they could persevere when it got really tough”
- Steve Jobs
A new study by the University of Arkansas pitted 151 humans against ChatGPT-4 in three tests designed to measure divergent thinking, which is considered to be an indicator of creative thought
Not a single human won. Source: Jeremiah Owyang
Do you remember March 2000 ???
.
The issue with europe:
1) Over-regulation; 2) Too much bureaucracy: 3) Lack of hashtag#innovation. As shown below, Tech champions are lacking. Source: Bloomberg
New York City now has 349,500 millionaires, more than any city in the world
Over the last decade, the number of millionaires in NYC has risen by a massive 48%. At the same time, in The Bay Area, the number of people with a seven-figure net worth has risen 82% to 305,700, the second-highest worldwide. This surge has been driven by a massive rally in financial markets and real estate prices. Meanwhile, 78% of Americans live paycheck to paycheck, according to the latest Payroll-org survey. The rich are getting richer at the fastest pace ever. Source: The Kobeissi Letter, Bloomberg
Germans already work much less than others, but German unions and some left politicians are seriously requesting move to four days workweek without pay cut
Source: FT, Michel A.Arouet
