on the bigger um hyperscaler AI economy. Um what I'd say is I'm you know I'm not surprised there's a little volatility in markets. You know at the same point I'll repeat what I've said you know constantly about this.I'm super excited about the technology. I think the investments that are being made to set this technology up so it can be deployed in the enterprise is extremely exciting. It's going to create enormous productivity gains in the economy.At the moment, the world is basically looking at all the th ...

How all company is making the most of it and really showing productivity gains. Well, Caroline, thank you for having me on the show. So inside is an investor that invests across stage.We invest from early stage start ups, scale ups, grown ups, once they go IPO. And you know, over the history of an SEC, we've had 55 IPOs, companies that you would be aware of Shopify Monday and this year hinge health. And so we're very focused on making sure that we help build the best companies. And so this year we're celebr ...

Productivity & Wealth Distribution - Productivity gains in more normal times tended to accrue proportionally to both workers and owners [1] - In recent decades, productivity gains have disproportionately gone to the owners [1]

AI & Economy - The economy is currently experiencing an AI-driven boom, which is a positive factor contributing to outperformance compared to the rest of the world [2][3] - This AI boom is characterized as a "rational bubble" with significant investment in various AI companies, leading to competition and innovation [3] - While the AI sector promises substantial productivity gains, only a few companies are expected to emerge as winners, implying potential losses for some investors [3][4] Gold & Dollar - Global concerns about the US dollar's stability are driving central banks and institutional investors to diversify into gold [5] - The increasing allocation to gold by central banks and institutional investors, coupled with speculative activity, is expected to continue pushing gold prices upward [6] - Gold price may reach $5,000 this year [7] Bitcoin - Bitcoin's fundamental holding is still smaller than gold, and the speculation side is much larger than for gold, resulting in higher volatility [7] - Bitcoin is still evolving and has not yet developed the fundamental characteristics of gold [7][8] Financial Stability & Private Credit - Isolated cases of financial strain are expected due to excessive risk-taking in pursuit of returns, but these are not considered systemic threats to financial stability [9][10] - Private credit is viewed as separate from the banking system, providing financing to companies that might not otherwise have access [8][11]

AI Adoption & Market Trends - 95% of enterprises are actively investing in AI [1] - 73% of IT leaders report AI PCs have accelerated their refresh plans [1] - AI PC adopters are experiencing up to 3x productivity gains [2] - AI PCs enable 41% faster deployments [2] - Windows 10 End of Support in October 2025 necessitates PC infrastructure modernization [2] AMD's AI PC Solutions - AMD offers a comprehensive lineup of next-generation mobile PC processors optimized for Copilot+ PCs [3] - AMD Ryzen AI solutions utilize on-device AI hardware, providing security advantages over cloud-reliant systems [4] - AMD Ryzen AI PRO processors can potentially realize up to $50 million in cost savings and efficiency benefits [5] - AMD Ryzen AI PRO processor lifecycle lasts up to five years before refresh, compared to the competition's three-year refresh cycle [6] - AMD Ryzen AI PRO processors feature a powerful NPU for enterprise AI PCs, enabling fast automation, intelligent search, and real-time collaboration [8] Security & Cost Efficiency - AMD solutions employ TLS 1.3 encryption for robust security and lower latency [4] - AI PCs with AMD Ryzen AI PRO processors offer lower long-term TCO due to extended battery life and reliable fleet performance [6] Performance & Productivity - AMD Ryzen AI PRO processors are engineered to balance CPU, GPU, and NPU workloads, improving efficiency across enterprise applications [8]

Economic Factors - Productivity gains, new tax legislation, and AI's impact on the job market are forces that could potentially offset the drag of a rolling recession [1] Technological Impact - AI's impact on the job market is a key consideration [1] Policy Analysis - The interplay of policy, tech, and growth is complex and significant [1] Employment Trends - Employment trends are being analyzed in relation to economic and technological factors [1]