John Chambers, the former CEO of Cisco, says that artificial intelligence will “power the stock market over the next decade,” adding that the technology is the reason why the stock market has moved so dramatically over the past 12 months.
AI will power the stock market for the next decade, former Cisco CEO John Chambers says
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Can’t wait to see what my 1,666 shares will do after the split 😎
Chambers is the consummate salesman, based on our observations of 20 years ago, so it’s actually a bit of a concern he is so positive on AI. Computer geeks are very surefooted about the technology they are advancing, but they’re pretty nearsighted when it comes to the broad ramifications in society of what they’re doing. We should remember there is a social media now that there wasn’t in Cisco‘s heyday, which can amplify hype to a degree not once possible.
As usual Chambers states the obvious.