Part 6/17:
Interestingly, the Podcast references an article from the Financial Times which asserts that the U.S. economy has become a "giant bet on AI," with a handful of companies (like Nvidia, Microsoft, and Apple) accounting for a disproportionate share of stock market gains. These companies now represent a staggering 20% of the S&P 500, while the top 10 US stocks collectively make up 25% of all equities globally. Nvidia's market cap surpasses entire countries like the UK, India, and Japan—underscoring the dominance of AI-driven assets.