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Atrioc

๐Ÿ‘ค Speaker
3331 total appearances

Appearances Over Time

Podcast Appearances

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And I think I was very optimistic.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And he showed examples of how students really added like unique creative angles to all the assignments and were able to thoughtfully solve things.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And instead, these models are like can sort of kind of do that.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And I was like, OK, maybe we got some hope for entry level people.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And all of this, and we can now jump to it, but all of this is not what the stock market is thinking.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Whether or not these AIs are actually game changers, the stock market is acting like it is.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

So to tie back to business last two weeks, software stocks are just getting absolutely annihilated.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

I think the takeaway that I've had from looking into this more is these things are really good at certain tasks and certain, let's say silos of what you're doing.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

But there's a degree of critical thinking and creativity that is necessary.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And in certain cases, just like security and logistics for this to really be valuable in most industries, right?

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

But on paper, it can replace these people.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And that's what the market is doing.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And that is where, again, I'm really concerned about entry-level stuff.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Steve Eisman, best friend of the pod, he did his weekly market recap last Friday.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And he was like, OpenAI just approved an insurance provider AI app.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Investors took that news as a potential existential threat to insurance brokers, many of which went down 10%.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

He explains that those insurance brokers provide complex services to commercial insurers, whereas the OpenAI app is for personal insurance in like a casual format.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

But in this environment, investors shoot first and ask questions later if they ever ask questions at all.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Same thing with an AI tax-powered tool that knocked out a bunch of...

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Stocks, Anthropic released the productivity tool for lawyers and LegalZoom dropped 20%, which is like, I use LegalZoom?