00:00There is a contradiction, you know, when it comes to what investors are worried about when it comes to AI.
00:07On the one hand, there's a fear that AI is not monetizing quite quickly enough.
00:12On the other hand, there is massive evidence that investors are worried about sectors that are disrupted too quickly for
00:18comfort.
00:19So these two things can't both be true at the same time.
00:22So I think that just goes to show that there is a lot of sense that we're in uncharted territory
00:27when it comes to how this technology will develop.
00:30And investors are, you know, to borrow one of your phrase earlier, they should shoot first and ask questions later.
00:36That, I think, means a lot of volatility probably is still on the way for us.
00:41It also means that for longer term investors, it's time to really go to the fundamentals of companies because a
00:48lot of opportunities could actually start to emerge when the market sell off in a panic like this.
00:53So when it comes to Asia, I think that, you know, Asia actually does not really necessarily share the same
01:00type of issue that maybe, you know, U.S. investors, when it comes to AI, are fearing at the moment.
01:06Valuation is not too high.
01:08Indices are not overly concentrated broadly for Asia.
01:11There's a lot of other sectors to play for.
01:14And, you know, the spending is not excessive.
01:18In fact, I think spending could probably still ramp up in the coming years.
01:22So I think that, and we're also in a different part of the supply chain when it comes to AI,
01:26not so exposed to sectors that are sitting on, to some extent, very high profit margin post-COVID.
01:32So I do think that, you know, AI is in a much different, Asia is a much more different place
01:37when it comes to, when it comes to some of these fears in AI.
01:40And actually from that angle could be an even better diversification play for investors who want to invest in this
01:47long term thing.
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