Recession proof mattresses

On the hunt for trends and businesses that thrive in a downturn, more AI doing things, anti-inflationary measures that actually work, plus some good reads for the weekend

Random Walk returns with a familiar format, that’s short and sweet:

• AI doing things (cont.)

• Anti-inflation measures that actually reduce inflation

• Counter-cyclicals and other businesses that thrive in the doom

• Good reads, including from the original Random Walk himself, Burton Malkiel

Things we think

AI doing things (cont.)

I meant to include this earlier, but it’s hard to understate how neat this is: good bye ChatGPT and hello AgentGPT!

AI Agents are exactly what they sound like—computational software agents with motivations, goals and characteristics. “Robot, plan a vacation for a family of four. Here’s my credit card. You have access to the internet. If you need something else. Figure it out.” That sort of thing.

Stanford researchers created 25 distinct AI agents, put them in a sandbox, and gave a single prompt that “one agent wants to throw a Valentine’s Day party.”

You can watch the whole simulation here (it’s kinda boring), but the agents do all sorts of human-like things, like coordin…