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Shares of Meta traded down 11% on the March quarter guidance that the company is entering into a multi-year investment cycle starting with AI capex in 2024 tracking to be 12% higher than previous expectations. We believe investors are missing the point. Meta has a golden opportunity in the next decade to leverage its data and build AI tools and products for billions of users, advertisers, and businesses.

  We may be approaching the day when a $200M Pixar-quality movie, which typically takes four years to make, will be created in six months for $20K (aka, 0.01% of the budget and less than 10% of the time.) I…

Deepwater’s first annual Frontier Tech Survey measures the American public’s viewpoint on emerging technologies, including AI, Electrification & Automation, the Creator Economy, and Health-Tech. Key Takeaways: AI – General usage and awareness remains low; opinions are mixed when it comes…

Go deeper: For even more on Vision Pro, here’s my discussion with Gene on YouTube. Disclaimer 

3 Predictions for AI-Powered Stock Picking The quietest AI story of 2023: AI-powered stock portfolios trounced market benchmarks. If you’ve been following The Deload, you know I’m obsessed with using AI to try to beat markets. My summer experiment to…

The Era of Infinite Intelligence Superintelligent AI might solve all the world’s problems. It could cure cancer, eliminate human aging, create a world of abundance for all. Superintelligent AI might also prove completely uncontrollable and destroy humanity, whether intentionally or…

Google's been a little slow getting up to speed in the AI game. While the company's video preview of Gemini was edited, it still served as a reminder to investors that Google is one of three companies leading in the AI race. Gemini's capabilities are impressive given they are the most advanced display of multimodality, which brings text, voice, and images into the generative interface. Previously these models (GPT, Claude, Grok, Llama) have predominately been interacted with by text-only. By keeping pace with OpenAI, Google's in a favorable position to evolve Search and capitalize on generative AI.

Simple, Effective Hedge Funds Arthur Jones was a sociologist who studied at the Marxist Workers School in Berlin and later became a writer for Fortune magazine. At the age of 48, Jones created the world’s first hedge fund. It’s often…

Deepwater’s Gift Guide: Our annual gift guide is part forecast, part real look at what our team is hoping to unwrap this season, and includes our predictions of the big launches and releases we’re expecting to see in 2024 (and…

NVIDIA reported impressive October results and raised guidance for January above Street expectations. Outside of the noise of the quarter, including China chip restrictions, Nvidia has no competition and remains the primary beneficiary of what will likely be a 5+ year AI infrastructure build-out.

I recently interviewed Spotter CEO and Founder Aaron DeBevoise regarding the changing dynamics in media due to the growth of content creators. Spotter, the company building a home for creators, raised $200M at a $1.7B valuation in early 2022. With…

The Inevitable AI Bubble AI will create one of the largest technologically driven bubbles of all time, and we’re only in the early innings. Breakthrough technologies always invite bubbles. Alistair Nairn describes the similar pattern of new technologies in Engines…