Week of February 27, 2023
In the history of the world, there have been perhaps 6 major developments that profoundly changed the arc of wellness for mankind. To wit: the Gutenberg printing press, electricity, Arabic numeral system, the internal combustion engine, modern aeronautics and computer chips. We are now ushering in the next – artificial intelligence/Chat GPT. It promises to be every bit as impactful as these prior developments with an attendant positive impact on economic progress. No change to our Signals.
Bob Bilkie, CFA