In Summary
In this month’s report, Paradigm Shifts, Rockefeller Global Family Office’s Chief Investment Officer Jimmy Chang discusses the rapidly changing AI industry, such as the commoditization risk from open-source alternatives, and growing trade tensions among major economies. He also examines the potential outcomes of the newly passed law that would ban TikTok unless it is divested by ByteDance within a year and raises questions regarding whether that the company will allow another entity to gain access to its proprietary algorithm – the crown jewel of the social media app.
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