Is Nvidia in Trouble? + Government Investment Accounts For Kids — ft. Brad Gerstner | Prof G Markets

Today on Prof G Markets, Scott and Ed open the show by discussing the state of the US economy, how the markets reacted to Nvidia’s earnings, and OpenAI’s latest funding round. Then Brad Gerstner, founder, chair, and CEO of Altimeter Capital, joins the show to discuss why he’s not concerned about an AI bubble. He also shares the details behind his Invest America initiative and breaks down how he thinks setting up investment accounts from birth with government seeding can help address the wealth gap. Finally, he explains why he thinks people should be more optimistic about the future of America.

Order Algebra of Wealth now!
https://www.amazon.com/Algebra-Wealth...

Timestamps:
00:00 - Today's number
00:22 - Today's episode
04:21 - Headlines
15:15 - Break
15:30 - Is Nvidia in Trouble? + Government Seeded Investment Accounts For Kids — ft. Brad Gerstner
15:40 - What are your thoughts on Nvidia’s earnings and what does its trajectory look like for the next few months?
17:53 - What is an AI air pocket and why is it important?
21:19 - If there really is an AI air pocket, could that potentially cause a drawdown in stocks like Nvidia?
25:12 - Is ChatGPT running away with the AI competition?
28:29 - Is there really a lot of competition between AI companies?
31:11 - break
31:26 - Can you explain what Invest America is and how you came up with it?
34:36 - Have you gotten any pushback on this idea? What’s the argument against it?
37:15 - How does your program differ from other ones that are like it? Who gets the money, when, and for what purpose?
42:29 - What’s the status of Invest America? How can people support it?
45:40 - Why do you think there’s so much hate in the venture capital sector right now?
49:06 - Would you be willing to broker a peace deal between Prof G and Jason Calacanis?

Subscribe to The Prof G Pod on Spotify
https://open.spotify.com/show/5Ob5psT...

Want more Prof G? Check out everything we're up to at
https://profgmedia.com/

#business #news #tech #finance #ucla #profg #scottgalloway #profgmarkets #earnings #stocks #investmentstrategies #investment #investing #economy #bradGerstner #nvidia #aiairpocket #chatgpt #openai #investamerica #venturecapital