AI Advancements & Inflation (5/15/2024)
Timeline
00:00 - Market rally despite mixed economic data
00:05 - Recap of topics
00:10 - Demonstration of AI's capabilities, AGI and standard AI
00:25 - Training AI
00:35 - Impact of AI on employment and society
00:40 - McDonald's order takers and employment costs
00:45 - Business plan to replace drive-thru order takers
00:55 - Cost and capabilities of AI assistants
01:00 - AI investment opportunities
01:15 - Potential for AI to replace jobs and industries
01:25 - Historical context of technological job displacement
01:40 - The Hitchhiker's Guide to the Earth AI
01:45 - Palantir (PLTR) stock
01:50 - Embracing AI technology for businesses and individuals
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