What changed
A THOUGHT
IN THE 1950S TO THE 1970S, INFORMATION CHANNELS WERE SO SCARCE THAT EVEN THE MOST STUDIOUS INVESTOR, READING THE SAME NEW YORK TIMES AS EVERYONE ELSE ON THE MORNING COMMUTE, INEVITABLY ABSORBED THE SAME NARRATIVE, PRODUCING CLASSIC GROUPTHINK.
TODAY, I FEAR WE MIGHT BE RECREATING THAT EXACT DYNAMIC AT DIGITAL SPEED: MILLIONS OF USERS GENERATE DAILY AI BRIEFINGS WITH NEAR-IDENTICAL PROMPTS FED INTO OVERLAPPING MODELS, RECEIVING ESSENTIALLY THE SAME MARKET SUMMARIES, SIGNALS, AND CONC