SCOTT GALLOWAY FEARS A MARKET CRASH OR SOCIAL CRISIS IN THE NEXT YEAR. A TOP FINANCE PROFESSOR RECOMMENDS PUTTING MONEY INTO BASEBALL CARDS
https://s.yimg.com/ny/api/res/1.2/IcciK.axDsZ529PlzK5klw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/b01380f5a858b1f330c2eb6617a1f145
✍️ NYU Stern marketing professor Scott Galloway and finance professor Aswath Damodaran warn of a potentially catastrophic market and economic crisis due to the AI boom and bubble.
👉 Galloway and Damodaran warn of a potentially catastrophic market and economic crisis due to the AI boom and bubble. 👉 The market is not pricing in the risk of a catastrophic event. 👉 The current investment in AI is not justified. 👉 The only visible return on investment is "efficiencies" or layoffs. 👉 Damodaran believes that the market is not pricing in the risk of a market and economic crisis that is potentially catastrophic. 👉 He is considering moving his money entirely into cash and alternative assets such as baseball cards.
-- #ScottGalloway #AswathDamodaran #EdElson #RobertArmstrong #MichaelBurry #SamAltman #RayDalio #business
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