I don’t expect google’s stock price to rise because AGI will actually impact the economy in meaningful ways in the short-term, I just think that demonstrating AGI will really make investors finally understand the eventual impact, and the stock will go crazy, just like Tesla’s, even if their actual fundamental metrics aren’t that impressive. Economies as a whole might not be competent enough to take AGI inputs, but specific companies certainly are, and I don’t doubt that Google will be trying to solve every problem they can find with AGI, just like Deepmind is now trying to do for medicine. You can bet on the spread between google and the SP500 to take advantage of the inefficiency of the economy as a whole in integrating AGI.
I don’t expect google’s stock price to rise because AGI will actually impact the economy in meaningful ways in the short-term, I just think that demonstrating AGI will really make investors finally understand the eventual impact, and the stock will go crazy, just like Tesla’s, even if their actual fundamental metrics aren’t that impressive. Economies as a whole might not be competent enough to take AGI inputs, but specific companies certainly are, and I don’t doubt that Google will be trying to solve every problem they can find with AGI, just like Deepmind is now trying to do for medicine. You can bet on the spread between google and the SP500 to take advantage of the inefficiency of the economy as a whole in integrating AGI.