AI Isn’t Intelligent

The AI gold rush supports our Roaring 2020s scenario. However, while AI sounds intelligent, it isn’t. As its more credible disinformation spreads across the Internet, it’s bound to cause trouble. Fingers crossed that its creators smarten it up. … Nvidia has cornered the market on the GPU chips that enable AI—and has the earnings and share price gains to show for it (shades of Cisco during the Tech Wreck?). … How the current tech-stock boom differs from the Tech Wreck period. … Also: Joe shares takeaways from the Q4 earnings reported by S&P 500 companies so far. The results are better than Q3’s by various measures, and Nvidia’s earnings are bound to move the needle positively.