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>PCs were the last time, when actual, economic growth came about, right? Uhh... smartphones? Shale oil? EVs? AI? Those alone are at a significantly higher (inf
by ramesh31 3y ago
>PCs were the last time, when actual, economic growth came about, right?
Uhh... smartphones? Shale oil? EVs? AI? Those alone are at a significantly higher (inflation adjusted) market cap than the entire S&P 500 in the 90s.
I don't buy this argument at all. We have seen massive real growth in the last 20 years.