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Rob Goldstein

πŸ‘€ Speaker
382 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I think that's a real question in terms of where we are right now, because

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I don't know the answer to this, but I could make two good arguments.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

One is along the lines of what you're saying.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

The other is...

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

We are living in an age right now, if you really just think about what's happening with AI, you could convert energy to intelligence.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

And the more money you spend on energy, the more intelligence you have.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

You could argue, different than many technology trends that we've had over the past couple of decades, this is a technology trend that requires capital.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

And it requires spending a lot of money.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

And I think there's a real question about whether or not this is a very expensive technology or if this will ultimately wind up being five guys at home in a garage with a handful of Mac minis can accomplish miracles.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I don't know if that's certain yet which one is going to prove true.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

Absolutely no question.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

And just to give an analogy, I am sure there have been many, many, many people who sat in this seat through the years and said, by X, X being years ago, there will be self-driving cars.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

You won't need driver's licenses and so on and so forth.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I think the tolerance people have for computers to make mistakes is very different than the tolerance people have for humans to make mistakes.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

So that's just a societal starting point.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

For all intents and purposes,

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I think you could make a cohesive argument.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

I love Marvel movies as a family.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

That's one of our things.

Odd Lots
BlackRock's Rob Goldstein on the Next Megatrends in Finance

This is like alien technology has been found on the planet Earth, and now we're figuring out how to use it.