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Feb 17
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AVOID
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John Chambers
Former CEO of Cisco Systems / CEO of JC2 Ventures
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"That bell shaped curve... you're no longer going to be safe in the middle. In fact, you could be in trouble in the middle if you're only growing 30 or 40%." The AI revolution will hollow out the middle class of corporations. Capital and market share will flow to the extreme innovators (Mag-7 leaders) or agile disruptors. Companies with average growth that fail to adopt AI aggressively will be the "train wrecks." AVOID. Do not hold generic "average" growth companies; focus on the tails of the curve. Broad market rally lifts all boats temporarily (though Chambers explicitly says this "rising tide" won't raise all boats). |
CNBC
The $700 billion AI capex 'doesn't bother me ...
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