Part 3/7:
Interestingly, Green observed a trend where traditional tech companies like Oracle, IBM, and Cisco are currently outperforming some of the newer entrants in the market. He suggested that these established companies, with their long-standing legacies and resources, could pivot effectively to capitalize on AI innovations.
Green mentioned that Oracle's Larry Ellison has expressed intentions to heavily invest in AI, and IBM has a long history in machine learning. He speculated that companies providing necessary infrastructure and technology for AI will benefit immensely, despite concerns regarding potential overbuilding that may mirror the telecom boom and bust of the past.