Oct 23, 2024 · Episode 561

AI Basics: How and When to Use AI

3 predictions · 1–0 · 100% accuracy

Scott's predictions3

The real-world economic impact of AI on businesses and the economy, as distinct from company valuations, will continue to grow substantially beyond its current early stage.
“I think the latter is just getting started.”
Tech · Judgment call · by Oct 23, 2026 (inferred)
Not due yetDue Oct 23, 2026
AI company valuations will experience a lot of volatility in the period following October 2024.
“What I would say in terms of valuations, there's just gonna be a lot of volatility.”
Markets · Judgment call · by Oct 23, 2025 (inferred)
Came trueResolved Jan 27, 2025
The AI industry will become much bigger than it was in October 2024, following a trajectory analogous to the late-1990s internet boom that led to a much larger industry several years later.
“We don't know if it's '97 or '99, though. But we know that by 2005, it's gonna be much bigger than it is now.”
Tech · Judgment call · by Dec 31, 2031 (inferred)
Not due yetDue Dec 31, 2031