Simon Shares

• Sasol (JSE code: SOL) update was all about troubles with power, ports and rail. In other words SA infrastreucture.
• Pick n Pay (JSE code: PIK), they spending R60million a month on diesel.
• US unemployment is the lowest since 1969 at 3.4%.
• Grey listing for South Africa. The Financial Action Task Force will announce their decision at their 24 February meeting.

A paradigm shift is happening

AI has suddenly landed and it's going to be wild.

I rate it with some other major technological paradigm shifts;

• The personal computer in 1974
• The internet in 1990 (yes we had dial up bulletin boards before then, but that wasn't internet).
• Smart phones with the iPhone in 2007

All were horrid when they launched. But now they drive humanity.

Facebook getting their ads working AI after Apple locked them out.

Search is changing and will Google be the new winner.

We use Dali-E for images on JOL

Chat GPT is great, but it is not accurate. That is actually a design feature, but this is only version 3.5 and already lots of people are using it for real world practical examples.

How is it going to change investing and trading? I don't know but I know many, myself included, are trying things to see what works and what actually adds value.