The Technology Everyone Got Right (but it didn’t necessarily make them rich)
Most pundits are comparing the today’s AI boom to the Dot-Com/Telecoms bubble of the late 1990’s. It is a tempting analogy, it had hype, over-investment and soaring expectations, but it wasn’t a technology that rewired the entire economy.
By: Kirsten Boldarin
Electricity was.
And if you look at how electricity unfolded, the capital cycles, the false starts, the consolidation battles and the long, slow path to real productivity, the resemblance to AI today are uncanny.
Initial promise…then extrapolation
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FMA chair Stobo under investigationFriday, December 5th, 6:37PM
Financial Markets Authority chairman Craig Stobo has stepped down pending an investigation. MORE» |
Golden moment as new funds go liveFriday, December 5th, 6:39AM
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Castlepoint funds take unexpected hit
Two of Castlepoint's funds have taken an unexpected hit following accounting irregularities in one of their long term holdings, Corporate Travel Management (CTD).
CTD recently released updated financial information following a detailed review of its accounts for the period 2021 to 2025. This restatement follows an independent investigation conducted by KPMG at the company’s request, which identified errors in the recognition of revenue and expenses within CTD’s European division.
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Another FAP licence taken awayWednesday, December 3rd, 9:46AM
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Partners Life named top life insurerMonday, December 1st, 6:37PM
Partners Life, Blanket Advice, Folio and Insurance Advisernet New Zealand were among the major winners at the ANZIIF insurance awards last week. MORE» |
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Castlepoint funds take unexpected hit
Two of Castlepoint's funds have taken an unexpected hit following accounting irregularities in one of their long term holdings, Corporate Travel Management (CTD). MORE»
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Fisher Funds moves to woo advisers back
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The Technology Everyone Got Right (but it didn’t necessarily make them rich)
Most pundits are comparing the today’s AI boom to the Dot-Com/Telecoms bubble of the late 1990’s. It is a tempting analogy, it had hype, over-investment and soaring expectations, but it wasn’t a technology that rewired the entire economy. MORE»
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Chapter of economic bad news closing - ASB
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Clarity for Clarity Funds
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Paying advisers for KiwiSaver advice
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