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Rob Armstrong

πŸ‘€ Speaker
1389 total appearances

Appearances Over Time

Podcast Appearances

Unhedged
The chip and memory stock frenzy

And this, by the way, is what has happened in the past with revolutionary new technologies, internet, personal computer, telephone, car.

Unhedged
The chip and memory stock frenzy

Fine.

Unhedged
The chip and memory stock frenzy

The question I would say about this is the sequencing.

Unhedged
The chip and memory stock frenzy

Like when does when do the firings happen or the disappearance?

Unhedged
The chip and memory stock frenzy

Let's call it the disappearance of certain jobs.

Unhedged
The chip and memory stock frenzy

And when do the new jobs and the new forms of income appear?

Unhedged
The chip and memory stock frenzy

Because if those come in the wrong order, it's going to be an unpleasant decade for some of us.

Unhedged
The chip and memory stock frenzy

You know what I mean?

Unhedged
The chip and memory stock frenzy

No, that's a problem.

Unhedged
The chip and memory stock frenzy

Yeah, it sure is.

Unhedged
The chip and memory stock frenzy

And, you know, there is, if nothing else, the people running these companies, the open AIs and the anthropics and everyone else, they better think more carefully about their messaging than they have so far.

Unhedged
The chip and memory stock frenzy

Because, boy, are they falling over their feet right now.

Unhedged
The chip and memory stock frenzy

And they are not making themselves popular.

Unhedged
The chip and memory stock frenzy

And they've got to rethink how they're approaching this whole situation.

Unhedged
The chip and memory stock frenzy

It's not a winning corporate message.

Unhedged
The chip and memory stock frenzy

Congratulations, you're fired.

Unhedged
The chip and memory stock frenzy

Courtesy of Anthropic.

Unhedged
The chip and memory stock frenzy

I think the kind of tail risks around this whole economy need serious thought.

Unhedged
The chip and memory stock frenzy

And one, you just mentioned that it takes all kind of digital security and throws it out the window.

Unhedged
The chip and memory stock frenzy

And that also has to be rebuilt.