Isaac Asimov said: “The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom.”

Every decade sees a new cycle of technological innovation: in the 1970s it was personal computers and the microprocessor, in the 1980s it was the modern operating system, the 1990s saw the introduction of the internet, the transition from desktop to mobile occurred in the 2000s, and the 2010s saw the emergence of software and cloud computing. In the 2020s, artificial intelligence has taken over.  

The most intriguing part is that AI use is shifting from being a source of distraction that saps productivity (think TikTok) to being a secular productivity tailwind, with large-language models (LLMs) acting as problem-solving reasoning machines. If you’re wondering about the macro and investment implications, we’ve got you covered.  

Sean Maher (Entext) and I discuss the boom, breakthroughs, and beyond. Putting our heads together has always produced a nice kind of magic.