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We’ve heard a great deal about the rise of generative artificial intelligence (gen AI) in recent years. The buzz isn’t going away soon, at least in my opinion. In fact, we may hear more about the gen AI plans of the everyday firms that may already lie in our TFSA (Tax-Free Savings Account) portfolios, as gen AI and other innovations look to translate into some form of cash flow.
You see, it’s one thing to have an impressive technology. But it’s another to have it actually work its way into the cash flow statement. Indeed, the many years of low rates have made profitability a “nice to have.” But with higher rates, profitability matters nowadays, and it’s no longer good enough to have zero plans to turn a profit, regardless of how incredible a technology is.
Indeed, higher rates may be a good (sustainable) thing for the tech firms investing so heavily in development. And though rates are…
