What AI Will 'Give' Us In Probably A Dozen Years

 1.AI will monitor production  and work performed....identifying 'losers' and 'ethically-challenged-workers'.  

2. I expect by 2035....half the school kids in America by the 6th grade....to be in a cube, and educated by AI....instead of living/breathing teachers.

3. AI will be introduced to airports, monitoring flights and potential safety issues.

4. Several banks by 2030....will have a AI-assisted review of your income and bills....telling them a risk-assessment of you paying back a $75k car loan.   To beat the bank's AI.....you will hire a AI to provide week by week monitoring of the family spending habits.

5. AI will begin by 2030....identifying 'fake-news', misinformation, and bogus-political promises....with several networks forced to CHANGE.

6. A quarter of American society will be hooked up to something called 'Grandma-AI'....telling you 150k recipes, and telling you how to cook from scratch.

7. By 2035....an AI system will be developed to monitor voting processes across the 50-plus states....identifying county-by-county....those engaged in voter-fraud.

8. AI, by 2035....will select weekly rankings of NCAA football teams.

9.  A personality test developed by AI...by 2030....will indicate the success potential of relationships/marriages.....in roughly 95-percent of cases.

10.  An AI will be developed by 2035, which monitors safety and urban threats of the top 100 American cities....triggering the public to realize data and false facts are presenting the wrong landscape for their town. 

Four Finance Stories

First....back in the summer of 2023....fresh out of the Covid-era....two high-class hotels in San Francisco....Parc 55 San Francisco (a Hilton property with 1,024 rooms) and the Hilton San Francisco Union Square (with 1,921 rooms), owned by Park Hotels & Resorts, defaulted on a $725 million non-recourse loan.

The holder basically handed the keys to the bank and said that reduced tourism and remote work trends killed off their business plan.

Earlier this month....the two hotels were sold at a steep discount. A partnership between Newbond Holdings and Conversant Capital acquired both properties for a combined $408 million.   If you were wondering....it's a bout  25-percent of the 2016 appraised value. 

General plan?  The owners say the two need renovation, and around $200-M will be poured in over the next year. They left open the reopening plan....I would  assume....spring 2027.

The game-plan dependent on tourism returning to SF?  Yeah....otherwise, this effort will collapse by the end of the first year of operation.

Second story....not front-page news.....vehicle repossessions (for 2025) are at the highest level since 2009.   

In case you were  wondering....since 1945....2009 is the 'record-year'....with 2.1 million cars taken in that year.  

Also, if you were wondering....lenders usually only recover about 30-percent of the loan value....after they pay the tow-guy, storage fees, and sell off the vehicle.  So....somewhere in the numbers game....lenders have to make up for losses.

Third story.....oddly....AI-related investment now accounts for half of GDP growth in the US. Some folks....talk of a speculative bubble and overvaluation. Payback/savings?  Well....you need to un-employ people (like the PhD crowd)....to get some real savings.

Reality?  If the AI-boom for 2025 investments had not occurred....we probably would be in a recession period right now.

Fourth story....in case you were wondering...since 1945, there have been 12 official recessions.  The last?  Spring 2020....primarily due to Covid.

Since finishing high school....I've been through six.

The longest since 1945?  Nov 1973 to Mar 1975 (over a year).  Most last 3 to 6 months.  

Also, in case you were wondering....the triggers usually lead back to the Fed tightening their money-policy, energy chaos/problems, heavy speculation on Wall Street, and bank failures (loaning out funds that end up in failed results). 

I'm of the mind that folks over age 60....have probably seen these come and go, and are LESS stressed-out than those in the 18-to-30 age group. But adding to reality....if  you asked a thousand college-kids (age21) to explain a recession....less than 1-percent could give a simple explanation.