Challenge Today’s Prevailing Pessimism about AI and Future Growth

2 minutes

Dennis Stearns, CFP®, ChFC, MS
Wealth Advisor, Managing Director


In our “AI Buildout vs. Bubble” research, our North Carolina Signature Wealth team is connecting weekly with thought leaders to consider both good and not-so-good future scenarios. We are building on our 35-year history of playing solid defense as we adjust and hedge the rational bubble (small bubbles that inflate and deflate, over and over) in core portfolios. 

Our network has also provided a number of interesting opportunities in the future of growth that are possible, even probable. 

We recommend for your reading or listening pleasure the new episode of the Century of Plenty podcastThe authors of A Century of Plenty: A Story of Progress for Generations to Come reflect on the extraordinary gains in prosperity over the past century, challenge today’s prevailing pessimism about growth, and explore what it would take to create a more prosperous world for all. 

  • Why the past century’s sixfold increase in global prosperity provides reason for optimism about the future, and why today’s pessimism may overlook the lessons of history.
  • How AI, energy, productivity, and innovation could enable billions more people to reach an “empowerment” standard of living while addressing climate change and resource constraints.

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This material is for general information and educational purposes only. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed as to accuracy, does not purport to be complete and is not intended to be used as a primary basis for investment decisions.

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