4.8 • 670 Ratings
🗓️ 21 August 2024
⏱️ 61 minutes
🧾️ Download transcript
In this episode we welcome back Mark Mills, author of The Cloud Revolution: How The Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020’s. Mark was a guest on the show one year ago and many of the predictions he made then have come true. We revisit his view that simultaneous improvements in information, materials and machine technologies are about to unleash an economic boom. He explains the surge in power consumption related to AI and why this should not serve as a brake on its adoption if we employ sensible energy policies. He also discusses why mining will continue to expand and how manufacturing across all industries is evolving to be more like a service.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to [email protected]
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Kevin on SubStack & read his Book.
Follow Mark on Twitter and read his book.
Episode TimeStamps:
02:21 - Introduction to Mark Mills
09:05 - What causes revolutions?
12:27 - How Artificial Intelligence will impact the energy sector
22:02 - Should we be worried about the energy consumption of AI?
29:10 - Are renewables and recycling a viable solution?
37:37 - Putting Mills in the shoes of a mining...
Click on a timestamp to play from that location
0:00.0 | So I think we're seeing the beginning of it. |
0:09.0 | The extent to which we can really roar, get big productivity boosts, the economic growth |
0:13.2 | going in is now going to be significantly impacted. |
0:17.1 | And that ends up become political. |
0:19.3 | I think it'll happen anyway, eventually, because markets |
0:21.8 | want to grow. But it's also possible, as I wrote an introduction, to Soviet-tize an economy. |
0:27.5 | The Soviets did it, and they didn't grow as much as we did in the 20th century. So I'm hoping, |
0:32.7 | and don't believe America will sovietize its economy. We have somewhat constrained the growth, |
0:37.3 | but not as much |
0:38.2 | as the partisans on both sides would say or complain. Hence, the economist's sort of surprise. |
0:43.8 | We're surviving the predations of policy makers. |
0:49.3 | Imagine spending an hour with the world's greatest traders. Imagine learning from their experiences, |
0:55.3 | their successes, and their failures. Imagine no more. Welcome to Top Traders Unplugged, |
1:01.9 | the place where you can learn from the best hedge fund managers in the world so you can take |
1:06.3 | your manager, due diligence, or investment career to the next level. Before we begin today's conversation, remember to keep two things in mind. |
1:13.8 | All the discussion we'll have about investment performance is about the past, |
1:17.6 | and past performance does not guarantee or even infer anything about future performance. |
1:22.6 | Also understand that there's a significant risk of financial loss with all investment strategies, and you need to request and understand the specific risks from the investment manager about |
1:32.1 | their product before you make investment decisions. Here's your host, veteran hedge fund manager |
1:37.5 | Niels Kostrup Larson. For me, the best part of my podcasting journey has been the opportunity to speak to a huge range |
1:49.9 | of extraordinary people from all around the world in this series i have invited one of them namely |
1:55.5 | kevin coldine to host a series of in-depth conversations to help uncover and explain new ideas to make you a better investor. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Niels Kaastrup-Larsen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Niels Kaastrup-Larsen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.