Quote of the Day
"The best way to learn is to fail fast."
(Brett Steenbarger)
Investing
- Vanguard CEO Tim Buckley on what tasks AI is going to take over. (pionline.com)
- Igor Tulchinsky, "Using AI to move between visual and text is an interesting way of harnessing algorithms to potentially identify opportunities or shape conclusions that may be more obvious when seen by the human eye." (semafor.com)
- Expect more ETFs to be marketed based on the use of AI. (investmentnews.com)
AI
- Bill Ackman is cleaning up on his Google ($GOOGL) AI bet. (institutionalinvestor.com)
- OpenAI has raised a $175 million fund to invest in AI startups. (ft.com)
- Reid Hoffman is an unabashed AI supporter. (nytimes.com)
Companies
- As the Hulu turns...the drama between Comcast and Disney is coming to a head. (wsj.com)
- Andrew Rosen, "It seems obvious that once a media conglomerate has a customer’s credit card on file, it should be able to figure out how to connect the dots across an entire revenue-generating content ecosystem." (theinformation.com)
- A love letter to YouTube. (whyisthisinteresting.substack.com)
Work
- How some people get away with doing almost nothing at work. (vox.com)
- Tipping prompts are freaking everywhere these days. (wsj.com)
- Legal paperwork is an obvious target for AI. (semafor.com)
- No job requires 17 interviews. (slate.com)
Economy
- Weekly initial unemployment claims are still now screaming recession. (bonddad.blogspot.com)
- Consumer sentiment is now all mixed up with political beliefs. (ritholtz.com)
- Why are politicians willing to destroy trust in the government's ability to pay its bills? (rationalwalk.com)
Earlier on Abnormal Returns
- Longform links: no guarantee of happiness. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: solved problems. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)