You've got all this volatility. You've got all of these conflicts in the world, Ukraine, the Middle East, et cetera, and the market hits new highs all the time. Why is that? If you go down and look at all 11 sectors of the S&P 500, every single one of them has now adopted AI models into how they operate their companies, including my companies, the ones with five to 500 employees, of which I've got over 50. Every one of us has increased margins and enhanced productivity using this tool. So instead of earnings being compressed during this period of uncertainty and rising interest rates, we actually are beating earnings estimates all because of this tool called AI.
You've got all this volatility. You've got all of these conflicts in the world, Ukraine, the Middle East, et cetera, and the market hits new highs all the time. Why is that? If you go down and look at all 11 sectors of the S&P 500, every single one of them has now adopted AI models into how they operate their companies, including my companies, the ones with five to 500 employees, of which I've got over 50. Every one of us has increased margins and enhanced productivity using this tool. So instead of earnings being compressed during this period of uncertainty and rising interest rates, we actually are beating earnings estimates all because of this tool called AI. ♬ original sound - Mr. Wonderful
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