Part 6/7:
While cautious about general market sentiment, Andrew acknowledged the unique potential held by technology stocks, particularly regarding the transformative impact of artificial intelligence (AI). He emphasized that while AI research and development are garnering extensive attention, the under-discussed variable of profit margin improvements across sectors could yield significant long-term benefits.
He likened the current advancements in AI to the broad applications seen during the internet boom of the late 1990s, suggesting that the long-term trajectory could reflect similar transformative impacts on profitability and operational efficiency across various industries.