There’s not a workday that passes without us using AI now.
No, it can’t make critical decisions or develop long-run strategy.
But it can crunch acres of data and provide useful information many times faster than we can.
Then there are the conversations we have with our wholesale clients. They see crisis and opportunity from growing rollout of AI.
Just the other day, a client told me about a lawyer he knows. Their firm is no longer hiring clerks or junior executives. Opportunities for young graduates have disappeared. Instead, the lawyers are on AI every day to deliver legal insights.
I put it to him that law firms may not be the most productive application of bright young people right now. Productivity in the AI era is going to demand data scientists, engineers, technicians, educators, and those in skilled trades.
What AI does need is a business-friendly environment where entrepreneurs can create businesses using the new technology.
Yes, we are on the cusp of a new revolution. And the US is currently in the lead:

Source: Michael A. Arouet / X
We are also on the cusp of an autonomous driving revolution that will employ AI.
This single application will store, process, and access colossal pools of navigation data.
Hence, businesses providing capacity for AI computing could see stunning growth.
This week I want to report on a company at the forefront, facing both opportunities and threats as it navigates this new world…
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Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning professional-services business and online-learning company in Auckland for 20 years. He has completed the Certificate in Discretionary Investment Management from the Personal Finance Society (UK), has written a bestselling book, and manages global share portfolios.