Diameter Hires Graduates for First Time for AI Skills

Summary

Scott Goodwin discusses AI's potential to create winners and losers, possibly bigger than the internet and fracking cycles. He identifies default risk in sectors like SaaS, healthcare IT, and business services. Goodwin also explains Diameter Capital's new strategy of hiring college graduates for their AI skills.

• AI is expected to create significant winners and losers across industries.
• Goodwin compares the AI cycle to the internet and fracking, saying it may be larger.
• Default risk is highlighted in SaaS, healthcare IT, business services, and insurance brokers.
• Diameter Capital is hiring college graduates for the first time due to their AI proficiency.
• The firm values traditional experience but sees AI-native talent as a unique advantage.
• Goodwin is uncertain about the full job impact, sees outcomes between job creation and destruction.