Asks if mid-month AI selloff is behind us
David
Dan Greenhaus
AI selloff was momentary, not emblematic of anything longer lasting
Asks if market dynamics change markedly after year-end going into 2026
David
Dan Greenhaus
No significant change expected, two main pillars of market working in favor
Questions whether AI payoff will justify capital spending beyond initial chip demand
David
Dan Greenhaus
Acknowledges fair worry but sees early evidence of AI productivity gains
Dan Greenhaus
Early days of AI adoption similar to internet era, will take time but likely follow similar pattern
Raises MIT study showing AI can replace 12% of US workforce today
David
Dan Greenhaus
Skeptical of AI job displacement doomsaying, believes new jobs will be created