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27.09.26 - 16:12
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Why Humanoid Robots Might Be the Future of Elder Care (Bloomberg)
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The US spends roughly $400 billion a year on long-term care, and for every 100 people over 65, only four formal caregivers exist. Humanoid robots like Abi, built by Andromeda to provide emotional companionship for dementia patients, are an early attempt to ease that pressure. Andromeda COO Jennifer Haroon, Brookings researcher Gopi Goda, 1X Chief Designer Dar Sleeper, and Nvidia's Kimberly Powell discuss whether robots can truly help solve the elder care crisis, or whether the technology still has too far to go. (Source: Bloomberg)...
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27.09.26 - 03:48
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Rickards: The Real In AI Is Not ′Super-Intelligence′, It′s China (ZeroHedge)
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Rickards: The Real In AI Is Not 'Super-Intelligence', It's China
Authored by James Rickards via The Daily Reckoning,
It's past time to look beyond the AI hype. The stock valuations of the leading hyperscalers and frontier AI modeling companies are almost certainly in bubble territory. But the market will sort that out in time.
We all know the names of the AI stocks whether from the hardware, software or compute vectors - Apple, Microsoft, Meta, Google (Alphabet), Amazon, OpenAI, Anthropic, NVIDIA and a few others.
Some of these names have valuable core businesses independent of the AI bubble. Others are pure AI plays. All will be hurt to a greater or lesser extent when the AI bubble bursts.
Still, bubbles can get bigger before they pop and they can take far longer to pop than many market participants realize. It's not prudent to short these names but one should definitely lighten up on long positions. Moving portfolio allocations to cash and hard assets is a good way to weather the coming...
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