Markets with Bertie: Artificial versus first-rate intelligence
Not a day passes without Bertie reading some breathless reports on how artificial intelligence is going to change the world. To educate himself more on the AI revolution, Bertie attended a talk by a world-renowned expert whose forte is tracing the wide evolutionary arc of almost everything, including technology. He thought for a moment and said, “You know what Bertie–AI cannot be sent to jail and it cannot be hanged.” This needed explanation and Bertie’s blank stare conveyed that. The CEO continued, “Till then AI will be a tool but a very powerful one at that.” The spending habits of the young Bertie likes the company of young people. Bertie was about to conclude that fast fashion and value retailing were the things to be bullish about when Kash danced into the living room one day to announce that she had scored two Coldplay tickets for over thirty thousand rupees.
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