AI's Economic Impact
Aswath argues that the widespread adoption of AI may lead to a negative sum game, where cost reductions do not translate into increased profits due to intensified competition. He suggests that while consumers might benefit from lower prices, many companies, including consulting firms, may not see the promised profitability. Despite some companies like Nvidia potentially thriving, the overall landscape may not yield the competitive advantages that many anticipate.In this clip
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Prof G Markets
NVIDIA’s Valuation and AI’s Negative Sum Game — with Aswath Damodaran | Prof G Markets
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