Brad Gerstner

If you're unsure about things like this, you're not going to hire a bunch of people, for example. You're probably going to pause hiring because you don't know how much earnings you're going to have. So those kind of things can proliferate downward and affect unemployment and eventually affect consumer spending just by freezing nearly everything in the economy.

If you're unsure about things like this, you're not going to hire a bunch of people, for example. You're probably going to pause hiring because you don't know how much earnings you're going to have. So those kind of things can proliferate downward and affect unemployment and eventually affect consumer spending just by freezing nearly everything in the economy.

I think you said the meeting was in Vietnam. And obviously I got that from the president of the economists who had predicted that that would happen. But yes, you know, there's no reason that that wouldn't happen. And there's a lot of ramifications of this. I don't think... that anything came out of it that's going to be good for the markets and good for stocks.

I think you said the meeting was in Vietnam. And obviously I got that from the president of the economists who had predicted that that would happen. But yes, you know, there's no reason that that wouldn't happen. And there's a lot of ramifications of this. I don't think... that anything came out of it that's going to be good for the markets and good for stocks.

I think you said the meeting was in Vietnam. And obviously I got that from the president of the economists who had predicted that that would happen. But yes, you know, there's no reason that that wouldn't happen. And there's a lot of ramifications of this. I don't think... that anything came out of it that's going to be good for the markets and good for stocks.

But that's more your world than mine. I've always shunned macro analysis.

But that's more your world than mine. I've always shunned macro analysis.

But that's more your world than mine. I've always shunned macro analysis.

What will you be looking for in the next 30 to 60 days as this plays out?

What will you be looking for in the next 30 to 60 days as this plays out?

What will you be looking for in the next 30 to 60 days as this plays out?

Makes sense.

Makes sense.

Makes sense.

And by the way, I mean, all this culminated in the past week with OpenAI moving, you know, are talking again about open weighted models, which is a, I think, a really important data point. So how did how do we get from where we were to where we are? So. Yeah, I read that same tweet, and I think it was remarkably misplaced. China has been supportive of open source for well over a decade now.

And by the way, I mean, all this culminated in the past week with OpenAI moving, you know, are talking again about open weighted models, which is a, I think, a really important data point. So how did how do we get from where we were to where we are? So. Yeah, I read that same tweet, and I think it was remarkably misplaced. China has been supportive of open source for well over a decade now.

And by the way, I mean, all this culminated in the past week with OpenAI moving, you know, are talking again about open weighted models, which is a, I think, a really important data point. So how did how do we get from where we were to where we are? So. Yeah, I read that same tweet, and I think it was remarkably misplaced. China has been supportive of open source for well over a decade now.

If you look on most of the major open source products and look at the management page and who the sponsors are for these, like Linux, you'll see many of the major Chinese companies have been there and been supporting it for a while. Why? They've been accused of stealing tech IP for years. And so when something like open source comes along, this looks like the best thing possible, right?

If you look on most of the major open source products and look at the management page and who the sponsors are for these, like Linux, you'll see many of the major Chinese companies have been there and been supporting it for a while. Why? They've been accused of stealing tech IP for years. And so when something like open source comes along, this looks like the best thing possible, right?

If you look on most of the major open source products and look at the management page and who the sponsors are for these, like Linux, you'll see many of the major Chinese companies have been there and been supporting it for a while. Why? They've been accused of stealing tech IP for years. And so when something like open source comes along, this looks like the best thing possible, right?