The Future Is Shrouded in an AI Fog

Confidence in a specific vision of the future is the foundation for long-term investment. You purchase a 30-year bond when you believe in the solvency of the issuer. You spend a decade to become a radiologist because you believe you’ll be compensated for your hard-earned expertise for the duration of your career. You invest in a software company when you’re confident it will generate many years of recurring revenue.