What is Really Powering The AI Boom


What is Really Powering The AI Boom


https://thecorporatebeanbag.au/ linkedin.com/in/akbmortimer https://www.amazon.com.au/Glittering-Legacy-History-Gold-ebook/dp/B0DQW3PTBF This episode explores the AI boom, focusing on the underlying human desires that drive its demand, such as curiosity and the avoidance of embarrassment. It discusses the industrial and stock market aspects of AI, emphasizing that the AI trade is supported by fundamental human behaviors and the need for information. Everyone is curious but Tulips are not for everyone! Takeaways The AI boom is driven by fundamental human desires. Curiosity and embarrassment are key motivators for AI usage. AI provides a platform for endless questioning without social stigma. The demand for information is a powerful economic driver. AI's role in business is to enhance information flow. The AI trade may fluctuate, but the demand remains strong. Human behaviors underpin the sustainability of the AI boom. AI's impact is expected to last for decades and centuries. The industrial side of AI is crucial for its growth. Understanding AI is essential for various industries. Sound Bites "What is backing the AI boom?" "AI will fuel our desire for information." "AI has the most potent mix of drivers." Chapters 00:00 Understanding the AI Boom 05:23 The Human Drivers Behind AI Andrew Mortimer is a Multi-Company Founder, Author, specialist fund manager, professional gold explorer, and lifelong gold investor, holding the position of Chairman for several gold mining companies. Successfully led numerous gold exploration teams, achieving significant discoveries in regions known for their complex geological and legal challenges. My exploration efforts have mainly concentrated on the Australian states of New South Wales, Queensland, and Western Australia. Currently, the Chairman of Keops Group, a corporate advisory and finance firm in Sydney, Australia, that focuses on mining and clean technology. Keops Group supports both small and large, public and private companies in executing initial public offerings (IPOs) in Australia and internationally. I studied History and Law at the University of Sydney and trained as a lawyer with the Director of Public Prosecution (DPP) in New South Wales, becoming an officer of the Supreme Court in 2003. I am now part of the Keops Group team, providing advice to companies regarding their exploration projects, strategies, and funding options.