James van Geelen on His Viral AI Doom Scenario

The Odd Lots podcast explores the market's reaction to Citrini Research's AI "doom scenario" piece and the broader implications of rapidly advancing AI capabilities. The conversation centers on whether AI's exponential growth could disrupt white-collar jobs and destabilize the financial system. James van Geelen, founder of Citrini Research, clarifies that the piece was intended as a bear-case scenario to encourage investors to consider potential risks, not a prediction. The discussion touches on the surprising speed of AI development, the potential for AI to disintermediate existing businesses by enabling comparison shopping, and the lack of government preparedness for AI-driven economic shifts. The hosts and guest also examine AI's impact on enterprise software pricing power and the valuations of AI companies.