There used to be a lot of arguments about AI Timelines 5+ years ago of the sort ’if AI is coming why are the markets not reacting”. We’re now on the other side—by already being within the time horizon that markets react to—where the markets themselves are pointing in the directon of AGI, and people instead wonder how to undercount that (e.g. by saying it is a bubble, or that trends must slow).
There used to be a lot of arguments about AI Timelines 5+ years ago of the sort ’if AI is coming why are the markets not reacting”. We’re now on the other side—by already being within the time horizon that markets react to—where the markets themselves are pointing in the directon of AGI, and people instead wonder how to undercount that (e.g. by saying it is a bubble, or that trends must slow).
The markets aren’t pointing in the direction of transformative AI (long-term bond yields, etc.).
They are pointing in the direction of AI being very significant in the economy.