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Citi lifts S&P 500 year-end target to 5600
- Thread starter Nighthawk
- Start date
Why stop at 5600....just go with 7300 by end of year and a nasdaq close of 30,000.
Lots of forecasts being upped the last few months. Everyone is tripping over each other to keep the upping of the s&p.targets in check.....
These markets are starting to act more crazier than 1999. Defying all gravity. ....
Exactly. And who cares? Markets moving = trading opportunity.
You don't believe ai is going to take millions of jobs away???
I mean with the hype of how powerful ai is its almost a 99.9% guarantee its happening.
Absolutely not. People have screamed the same about every iteration of coding that's come along in the last few decades. In the early 90s robots were going to eliminate all the jobs. AI is nothing more than iterative coding. Several big Wall St firms have already had folks come out saying it's way overblown. If they aren't on the bandwagon, it could be even less of an impact than I think... which is pretty minimal.
Absolutely not. People have screamed the same about every iteration of coding that's come along in the last few decades. In the early 90s robots were going to eliminate all the jobs. AI is nothing more than iterative coding. Several big Wall St firms have already had folks come out saying it's way overblown. If they aren't on the bandwagon, it could be even less of an impact than I think... which is pretty minimal.
So you believe that the dynamics of the introductory of ai into a world can coexist with humans in the job market?
You actually think millions of jobs that they say Ai can do will not replace humans and that there is no worrying at all. Jobs will remain in place and ai will be zero threat to the job markets in the next 2 to 5 years???
Absolutely not. People have screamed the same about every iteration of coding that's come along in the last few decades. In the early 90s robots were going to eliminate all the jobs. AI is nothing more than iterative coding. Several big Wall St firms have already had folks come out saying it's way overblown. If they aren't on the bandwagon, it could be even less of an impact than I think... which is pretty minimal.
Wait wait wait waitttttt
..........if wall street firms already had folks coming out saying it's way overblown than in reality ai is probably one of the most hyped up trendy fad technology to ever exist.
Wait wait wait waitttttt
..........if wall street firms already had folks coming out saying it's way overblown than in reality ai is probably one of the most hyped up trendy fad technology to ever exist.
Goldman Sachs Throws Cold Water on AI Mania
“What trillion-dollar problem will Al solve?” asks global equity research head Jim Covello.
https://www.institutionalinvestor.c...o/goldman-sachs-throws-cold-water-on-ai-mania
Goldman Sachs Throws Cold Water on AI Mania
“What trillion-dollar problem will Al solve?” asks global equity research head Jim Covello.
https://www.institutionalinvestor.c...o/goldman-sachs-throws-cold-water-on-ai-mania
So if this entire article rings true, then every bit of this ai garbage is nothing but a ploy to push wallstreet to new found glory of unlimited historical highs......they are talking about the Capex spending done by the biggest conglomerates on wallatreet and slowly taking notice of the revenue stream its supposed.to bring in the months and years ahead. If this is all the real deal and its nothing but a farce, then wallstreet is overvalued a very large number of multiple trillions and trillions of dollars.
So if this entire article rings true, then every bit of this ai garbage is nothing but a ploy to push wallstreet to new found glory of unlimited historical highs......they are talking about the Capex spending done by the biggest conglomerates on wallatreet and slowly taking notice of the revenue stream its supposed.to bring in the months and years ahead. If this is all the real deal and its nothing but a farce, then wallstreet is overvalued a very large number of multiple trillions and trillions of dollars.
Look man... there's something between a complete farce and eliminating millions and millions of jobs. Why does it have to be all or nothing for you?
Look man... there's something between a complete farce and eliminating millions and millions of jobs. Why does it have to be all or nothing for you?
I.just keep hearing over and over again how powerful ai is and how ai will be the most significant tecnological advancement in history.....so this has to be something that will take over every job imaginable...
I mean think for a second. These so called robo taxis tesla has planned..... The amount of ai alone needed to power that and the fact once self driving vehicles are able to take over this sector of the market millions and millions of taxi drivers will be gone.....
I.just keep hearing over and over again how powerful ai is and how ai will be the most significant tecnological advancement in history.....so this has to be something that will take over every job imaginable...
I mean think for a second. These so called robo taxis tesla has planned..... The amount of ai alone needed to power that and the fact once self driving vehicles are able to take over this sector of the market millions and millions of taxi drivers will be gone.....
They've been working on self driving technology for decades. It's functional on a very basic level but by no means even close to reliable or even disruptive at this point. The legions of programmers needed for the vehicles, roadways, traffic signals and infrastructure needed to support the self driving efforts would mostly offset the driver loss. And these guys aren't using some special magic coding technology that's brand new, it's the next version of the same stuff they've been using for years.