Locator: 45237AI.
Link here.
The dot.com bubble: everybody was creating a webpage selling vaporware. There were no moats.
The AI revolution:
- selling real products to real customers;
- products are expensive and have high margins;
- products are in heavy demand across all sectors, all companies;
- cybersecurity is so far behind, that sector will keep AI going for decades;
- EVs desperate for AI products;
- there are huge moats:
- shortage of skilled workers;
- incredibly expensive to begin a new company;
- products are very, very sophisticated;
- the US government is supporting it with huge financial incentives:
- IRA (inflation reduction act)
- CHIPS (re-shoring)
- the list goes on
Exhibit A:
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.