AI WILL NOT MAKE YOU RICH

Summary from the TLDR AI newsletter

Most of the new value created by AI will be captured by consumers, who will see wider and more affordable access to services like medical care, education, and advice. Knowledge-intensive services will get cheaper, allowing consumers to buy more of them. At the same time, services that require person-to-person interaction will get more expensive and take up a greater percentage of household spending. There will be obvious opportunities in both. Think through the implications of knowledge workers becoming more efficient, imagine what markets this efficiency unlocks, and invest in those.