Category: new economy

AI, new economy

AI and the New Labor Economy

James Cox

I have been writing for years about the impact the AI will have on the economy, and especially on workers. In 2023 many commentators remarked that…

“The death of big tech as a leader of growth and earnings has been grossly exaggerated. That was the message from Surveillance guests today ahead of results from Alphabet Inc. and Microsoft Corp., especially given the pace and scope of recent technological advancements. (1)

Neuberger Berman’s Charles Kantor said artificial intelligence hasn’t been fully priced into the valuations of tech companies.

“I am quite optimistic that the very large index contributors will deliver earnings of high quality, and they’re protecting their cash flows this year,” he said. He said AI-related developments can add 500 basis points of value to tech adopters.

Rishi Jaluria of RBC Capital Markets agreed, saying ChatGPT-like technologies will offer long-lasting benefits in profitability and efficiency for the biggest players, with Microsoft on the leading edge of that race for now.

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charitable giving, Climate change, entrepreneurship, life insurance, new economy, protection, Socially Responsible Investing

Embracing the Future: An Interview with Charlotte Markward

James Cox

I met Charlotte and her Husband Randy years ago at a Green Drinks in Philadelphia. It was before the days of Tesla, widespread solar power and organic food sections at the grocery store. People got together to share a beer and dream about a future that would be more sustainable. Things have changed a great deal in the past few years.

Charlotte is a graphic designer based in Philadelphia. She has agreed to share some of her experiences and insights so that we all might have an easier path to financial security.

Charlotte has been interested in supporting socially responsible investing for many years. I asked her what it means to her. Charlotte said, “For one thing it’s smart. We have a finite amount of resources and we are running out of them. To continue doing things in the old ways is to set yourself up for failure. Green investment is where the growth will be.”

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