Smart guy. Listen to his take on:
Minute 5:00 – investors fueling technological unemployment
Minute 12:45 – the Microsoft opportunity
Minute 14:15 – software eats the world
Good find, Mike Murphy.
Originally shared by Mike Murphy
This video is AWESOME!!!! Chanos recognizes #marchoftherobots !!!! My favorite investor of all time, who is brutally honest and transparent since the start of his career in the 80’s identifies the basic problem of society right now! As companies gain profits they invest in reducing workers. It is a death spiral for the ‘old’ economy.