Biotech Basket, Financial Collapse Scenarios, ARM v QCOM, And Much More
From Tesla's Optimus timeline to pharma stock opportunities, today's chat covers the market landscape ahead. We dive into AI power plays, debate gold vs. bitcoin as inflation hedges, and explore what's next for tech stalwarts. Don't miss our live coverage of Tesla's earnings call today at 5:15 ET.
Below is the transcript from today's Live Q&A Chat. Also, be sure and tune in for our coverage of Tesla's earnings conference call this afternoon at 5:15 ET on YouTube, X.com, or Facebook starting.
Q. What will happen to the world economy once labor gets to under $1 per hour due to humanoid robots? 50 cents per hour? 10 cents per hour? What will this do to the cost of goods and services?
A. That's by far the biggest question for our society and economy looking out over the next five to ten years and not just for manual labor with The Humanoid Robotics Revolution but also for software engineering, chip designing, architecture, etc. The AI Revolution is going to impact pretty much all facets of employment and nobody is quite sure what people who used to do those jobs will be doing. I do think we've seen these same worries that tech would replace workers over and over since the founding of this country and yet today 95% of all the people in this country that want a job have one. We should never doubt mankind's ability to adapt and grow and figure out ways to prosper, especially in the US. We discussed this extensively on this week's AI Revolution call. Be sure to tune into those on Mondays at 5:00 pm ET.
