I went to an elite investor forum in London. Everyone was talking about the outlook for AI, jobs, and Elon Musk.
At the $3,000 per night Chancery Rosewood hotel in Mayfair a who's who of finance folk tackled topics ranging from crypto regulation to AI safety.
SALT London hosted an investor conference on Wednesday, with discussions focused on AI, jobs, and Elon Musk's predictions. Anthony Scaramucci's SkyBridge Capital organized the event at The Chancery Rosewood hotel in Mayfair. Jack Selby, a managing director at Thiel Capital, warned that the AI boom could be a bubble that bursts before the new year due to the high costs of microchips, data centers, and other infrastructure.
Selby also questioned why Anthropic, the maker of AI chatbot Claude, is raising money from public markets when it earns more from interest on its cash reserves than from its business. Nick Finegold, Curation Capital's founder, predicted that AI and robotics could create the biggest job creation program in history, while cybersecurity was identified as a growing concern due to the security challenges posed by AI.
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