Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

NCI: Winners & Losers In The AI Race w/ Michael Parekh, Ex-Goldman Sachs Partner

Episode Summary

This episode of Non Consensus Investing podcast, hosted by Ram Ahluwalia of Lumida Wealth, features insights from retired Goldman Sachs partner Michael Parekh on the future of AI, its implications on society, investment, and the competitive tech landscape. The conversation spans AI's role in geopolitics, its influence on search engines, and the transformative effect on various industries, highlighting the race among tech giants like OpenAI, Google, and Meta. Special focus is given to the potential of humanoids, robots, and Full Self-Driving technology alongside AI-driven shifts in market dynamics, advertising revenue models, and the energy sector. The dialogue also tackles the resurgence of nuclear power, semiconductor competition, and the importance of open versus proprietary AI systems in fostering innovation and addressing global challenges, such as clean energy and the U.S.-China technology rivalry.

Episode Notes

00:00 Introduction to Non Consensus Investing and Guest Introduction

01:45 Deep Dive into AI, Semiconductors, and Social Change

29:50 Exploring the Future of AI and Humanoids

50:35 The Evolution of Operating Systems and AI Integration

54:19 Exploring the Complexities of Voice Control and AI Investments

54:49 The Reality of Full Self-Driving Technology: Hype vs. Progress

57:33 The Future of AI and Self-Driving: Challenges and Predictions

01:06:14 AI's Impact on Job Creation and the Gig Economy

01:09:31 The Battle for AI Supremacy in Search Engines

01:16:22 Energy Demands and Nuclear Power: A Global Perspective

01:23:05 Unpacking the Geopolitical Implications of AI and Technology

01:31:41 The Potential of Unbundling in Tech for Innovation and Growth