McDonagh Family Office - 2024 Review

I am a nerd and I see science fiction becoming reality all around me. These are happy times.

What a wild year 2024 was.

The power of AI is finally being felt. Nuclear power is back. Decentralization is flowering everywhere. There is a feeling of a new renaissance here in America.

Our family office’s job is to make more money and to protect our money.

The problem is.. we are moving so fast now in terms of technological development and engineering that candidly: no business model is safe. That makes our job more difficult.

Never mind whether any single company is safe (they aren’t) or if you can find a single industry that won’t be impacted (you can’t) — entire MODELS for doing business are in the process of being invalidated.

AI agents are gaining super powers.

Soon humanoid robots will be in our homes, on our streets and inside what’s left of our offices. They will gain super powers as they iterate through development OODA loops. Just like Tesla is gobbling up factorials more data than their first few years thanks to [(rising sensor counts in Teslas) x (rising Teslas on the street)…