Aswath Damodaran
speaker
1,201 appearances
7 recordings
3 series
first heard May 2025
last heard 7 Aug
Aswath Damodaran’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 6 in all, peaking in Nov 2025 with 2.
Appearances
from any of these companies yet.
They are middle-aged companies and I've been saying that for a while for the Mag Seven.
Middle aged is not bad.
They're in great shape.
They make a lot of money.
They're good middle-aged companies.
But you're right, nobody wants to be a middle-aged company, especially these companies with their history of growth.
And there are two things that drove them into AI.
One, of course, is greed, the fact that there's a big market and they can find growth there.
But I think you can't underestimate the fear factor, the fear of being left behind, of history books saying alphabet got into AI, but Meta was slow to join in.
You can almost see that playing in the way they talk and the way they invest, is they don't want to be pointed to as the
Company that's not keeping up with everybody else.
There's an element of the Emperor's new clothes here, right?
Which is, you know, we talk about AI, it's going to be a big market, we all buy into it, and they kind of hang out with the crowd when this is accepted wisdom.
You know, the conviction that AI is going to be a huge market is deeply embedded.
You know, and I think when that's deeply embedded, you don't want to be
The company or the CEO of the company.
And I put it right to the top here: the CEO of the company that falls behind.
And I think that's a big part of what you're seeing in this race to spending is not that there is a belief that they're going to make money, but the worry that they will be left behind in this race and be the company that didn't catch.
That race.
Showing 141–160 of 1,201 · page 8 of 61
← Previous
Next →