Kai Risdahl

NVIDIA, up almost 40% for the year.

Alphabet, around 65%.

Alphabet, around 65%.

Van Gillen doesn't believe AI could fail and bring down the financial system like we saw in 2008.

Van Gillen doesn't believe AI could fail and bring down the financial system like we saw in 2008.

But that does not mean there are not risks.

But that does not mean there are not risks.

Until that happens, until artificial intelligence really distorts the labor market where we are right now.

Until that happens, until artificial intelligence really distorts the labor market where we are right now.

is a ton of money being thrown around by companies like OpenAI, which doesn't expect to be profitable until at least 2029.

is a ton of money being thrown around by companies like OpenAI, which doesn't expect to be profitable until at least 2029.

To be clear, it's not like too big to fail is new.

To be clear, it's not like too big to fail is new.

That we haven't seen what we all thought was reasonable risk grow, and then grow some more, in ways that become unmanageable.

That we haven't seen what we all thought was reasonable risk grow, and then grow some more, in ways that become unmanageable.

The first time in the modern U.S.

The first time in the modern U.S.

economy?

economy?

The 1970s and 80s.