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Steve Eisman says this is one of the more interesting things on the AI boom he's heard in a long time

Steve Eisman says this is one of the more interesting things on the AI boom he's heard in a long time
Steve Eisman of 'The Big Short' fame said a new thesis derived from the artificial intelligence boom has caught his attention.

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In a recent interview on CNBC's "Squawk Box," Steve Eisman, known for his role in "The Big Short," expressed his interest in a new thesis related to the artificial intelligence (AI) boom. Eisman, a senior portfolio manager at Neuberger Berman, suggested that the success of AI could lead to a potential cost implosion in software creation, impacting companies in the industry. He noted that the competitive advantage of some software companies may diminish, while hardware producers could see a resurgence as businesses increase hardware purchases to support AI growth. Eisman also highlighted Apple as a "hidden AI play," predicting that the tech giant would benefit from AI-powered applications. This comes after Apple announced plans to integrate generative AI technology across its devices. Eisman also mentioned Microsoft, Oracle, Google's Alphabet, and Meta as companies poised to benefit from the rise of AI. Eisman's insights shed light on the potential impact of AI on the technology industry.

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