Apr 11, 2023
It's time for a little economic update! The latest episode of Geeks Geezers and Googlization dives into the uncertainty and chaos of the current economy and society. From the Silicon Valley Bank collapse to the rise of AI, Dick Bove, Mat Van Alstyne, and John Aidan Byrne from Odeon Capital Conversations share their expert insights on Wall Street and the economy. We learn about the consequences of the recent Federal Reserve actions, potential recession predictions, and how China and Russia's financial influence could impact the US. We discussed how the banking system and Federal Reserve are facing many issues, affecting the availability and cost of money. Consumers are likely to have less disposable income due to inflation, and businesses may have to sell products at higher prices to make a profit, further reducing consumer demand. We dug deep into the accelerating pace of change in the world due to artificial intelligence including highlights of a recent interview with Mark Seal, CEO of Sortium. Get ready to listen as we navigate through the Never Normal and the latest economic developments together.