ChangeWave's latest consumer survey shows a continued deterioration in U.S. consumer spending trends with no signs yet of any bottom.Nearly 39 percent say they'll spend less over the next 90 days than they did a year ago.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Investors, as all humans, tend to see the future through the lens of the past. And the thinking that "it is different this time" t...
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