Cathie Wood Challenges Bill Ackman Over AI Driven Inflation Fears
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TLDR: Cathie Wood challenges Bill Ackman on inflation, arguing that stronger real growth and falling technology costs can explain higher rates. Bill Ackman questions whether higher borrowing costs can slow AI infrastructure investment when companies expect exceptionally large returns. Wood cites a 99.99% annual decline in AI inference costs at constant performance, presenting the figure [...]
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Source: Source: Blockonomi