Market Efficiency Decline
The conversation highlights a potential shift in market efficiency, suggesting companies may begin reducing spending, particularly through layoffs. Elon has inadvertently set a precedent for cost-cutting, prompting discussions about profitability. With massive investments in the metaverse yielding poor results, there’s a growing belief that a quick failure could lead to a necessary reevaluation of strategy for companies like Meta.In this clip
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Prof G Markets
Prof G Markets: Meta’s Year of Efficiency, the Adani Short, OpenAI’s Market Pull, and SoFi’s Win
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