Ed Elson
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then you see people retweeting it and people commenting about it, and then you start to look at the markets, maybe you see a little bit of a drawdown beginning to occur, and then suddenly you say, oh my gosh, all bets are off, I'm panic selling right now.
That is such a crazy thing to do.
And what I would love to know is like, who is actually selling right now?
I mean, we could talk about the macro themes in this blog post.
I think there's a lot in there that is very interesting and that we should take seriously.
But the selling pressure that we're seeing after these blog posts come out, it's sort of the same thing with the other blog the other week.
Something big is happening.
Another dude writing a think piece.
It's a creative writing project, not telling us anything new, telling us all the same things that we already know, but reframing it in a creative and slightly doomerish way.
And then suddenly we're deciding to just re-rate everything based on that interesting and creative think piece.
I mean, it really doesn't make a lot of sense.
So I think that your instincts are correct on that.
the blog itself, I mean, some of its conclusions I think are fair and worthy of discussion.
I think that there is a real unemployment risk here with AI that is worth talking about.
the way that the article kind of ties in all of the different elements and pieces in the ecosystem and how there could be a chain reaction that is triggered by AI.
I don't agree with the idea that it's going to bring down the markets by 40%.
I think that's way over the top.
But the fact that all of these things are interconnected, I think that is a worthwhile statement.
But it's the conclusions that are being drawn