Tom Lee Says "Experts" Keep Underestimating Technological Change, Including AI Today
Tom Lee argues today's AI skepticism echoes past mistakes made around major innovations.
He noted that economists once dismissed the internet as a fad or underestimated how much it would reshape the economy, and that flash freezing helped cut the share of Americans working in farming from 38% to 5% without collapsing the economy.
Lee argues technological disruption can destroy old jobs while creating entirely new economic opportunities.