Centerview Partners co-founder Blair Effron says AI is moving markets more than it’s moving most corporate boardrooms, with roughly $700 billion in hyperscaler capex raising pressure to prove returns.
There is more than just one company regarding tech in Europe. ASML works tightly with Zeiss to begin with. Without Zeiss, no optical applications of that type at all. That was a mouthpiece of typical American arrogance if I have ever seen one.
AI will collapse the market with the never ending messes it creates! It's great for simple software related tasks and is a nightmare dealing with complex tasks!
Just wait till the earnings show how many customers AI has driven away!
The guy is comparing the market capitalization of the top 5 companies in the US Stock Market to the GDP of China. Market capitalization is not hard money that exists. In reality the money equivalent of marketcap doesn't exist. It simply is a notion. GDP is a relatively hard number, it is the real output of an economy. I stopped watching after that remark.
Nowhere did cost come up😅 I was one of the first on the bandwagons with Hulu and Netflix streaming services, I was with Hulu before they even had a pay structure, now it's absolutely bananas, I haven't had a paid streaming service in several years now, I've switched back to traditional antenna TV and stick to YouTube. All these streaming services are an incomplete mishmash of things, and they cost way too much, you put something in your library because you want to watch it later, only for them to take it out because they're not offering it anymore..... and if you have more than one it ends up costing more than a traditional basic cable package. Right now antenna TV is so good that it feels like the kind of cable that would exist when I was a kid😅 which is good enough for me
From a macroeconomics perspective it's obvious what happens when you have too much supply and not enough demand, and this stuff is so expensive the price will not down gently without a violent pop. But raw AI spending/hyper-scaling is beginning to crowd out the companies with new potential USE cases for AI. They're spending huge amounts of money on a product no one likes, and the main use case seems to be to get rid of all your workers. This probably won't end well.
Either watch the entire 12 min video or read this word to summarize the answer to the title: "No"
M
MattOnTheRoad19 Jul 2026
Spot on, June. I think boards are actually lagging behind while investors just gamble on the hype.
J
June from Daily JunctionHost19 Jul 2026
Good morning, everyone. It’s interesting to hear Blair Effron mention that the markets are moving faster than the actual boardrooms when it comes to AI. It feels like a whirlwind. Do you think companies are rushing too fast, or are they being too cautious?
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Just wait till the earnings show how many customers AI has driven away!