#ArtificialIntelligence, as an industry, is likely to prove unusually sensitive to #macroeconomics for some time. The stakes could be high: it is certainly possible, if not likely, we could have a third #AI winter in which investment and credibility collapse. In this video, I discuss two major avenues by which economic conditions are likely to make an important impact...
1) the well-established effect of interest rates, and indirectly of #inflation and growth, on technology investment
2) the new frontier of economies of scale in #LLM, natural monopoly, and how #tariffs, trade, and geopolitics determine what kind of scale is possible