{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fnon-consensus-investing.simplecast.com%2Fepisodes%2Ffsd-agents-vs-computers-MxnoCb3G","width":444,"version":"1.0","type":"rich","title":"FSD: Agents vs Computers","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/d685d316-5f8f-423b-b62c-820daec733ad/f31b2f30-b484-49d5-9aec-28ef36b992e8/invest-beyond-the-ordinary-2.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/740a94ad-a08e-46c6-ae78-ff2776029a9a\" height=\"200\" width=\"100%\" title=\"FSD: Agents vs Computers\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"In this episode of FSD, Ram Ahluwalia of Lumida Wealth Management reflects on his brother's wedding before diving into the exponential growth of AI coding infrastructure and agent platforms. Ram analyzes the shift from antiquated hardware interfaces to natural voice and agentic communication, explaining why specialized agents in wealth management, law, and tax will soon disrupt white-collar workflows.   He also breaks down the investment landscape across the AI tech stack—highlighting public semiconductors and memory providers as safer plays than hyper-inflated private venture rounds. Finally, Ram addresses U.S.-China semiconductor policy, discussing insights from Michael Parekh on memory supply chains, data center scaling, and why building on U.S. tech platforms secures long-term economic leads. "}