Additionally, the article touches on AI developments, suggesting that AI investment will stabilize, with smaller models sufficing for most users. It also predicts a decline in web traffic due to AI advancements in search and personal assistants. Other topics include speculative investments in Bitcoin and a humorous prediction about the sun disappearing over Western Europe unless treasure is provided.
Key takeaways:
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- The US is experiencing very high inflation, and the next administration's policies may exacerbate the situation.
- AI investment is declining, with smaller models on personal devices being sufficient for most users.
- The US tech industry is in a recession, with a shift towards more frugal business practices and a focus on established brands.
- Predictions suggest a decline in web traffic due to advancements in AI search and phone assistants by the end of 2025.