On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the AI boom and how much the U.S. economy currently depends on AI spending during these uncertain times.
Read the full story on Forbes:
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0:00 - Introduction: The AI Boom's Double-Edged Sword
0:43 - How the AI Boom Started (Thanks, Nvidia)
2:32 - Is AI Saving the US Economy from Recession?
4:06 - The Uneven Gains: A Tale of Two Companies (Meta vs. Snapchat)
6:01 - Can the AI Boom Carry Us Through a Weak Economy?
8:02 - Will the Stock Market & Real Economy Diverge?
9:28 - The First Negative Effect: Skyrocketing Electricity Prices
11:39 - The Second Negative Effect: Will AI Cause Mass Unemployment?
13:46 - Conclusion: Benefit or Harm? How Will the AI Story End?
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