"Money is Power! With enough of it, you can build anything, even a rocket to the moon." — Scrooge McDuck
5 min read · March 2024
Good Morning, Good Evening, and Good Night — wherever you're reading this from. Welcome back to the Daiiv Journal.
This month's journal is deliberately tech-forward. The innovations hitting supply chain right now are extraordinary, and I want to spend time where the real change is happening: artificial intelligence, generative AI, and the hardware powering it all.
Oil remains around $80/barrel. Red Sea tensions persist as a structural headwind for ocean freight. U.S. crude reserves are below forecast expectations — prices could move higher as inventory tightens. Ocean freight rates continue rising for Asia-to-Europe and Asia-to-US East Coast routes.
NVIDIA unveiled the Blackwell architecture — designed specifically to excel at generative AI tasks. Blackwell can train large language models with trillions of parameters with unprecedented efficiency. For supply chain, NVIDIA's Omniverse platform is the most exciting application: it enables photorealistic digital twins of entire warehouse and manufacturing environments.
"The potential of AI and blockchain — coupled with adaptable businesses — offers a glimmer of hope for navigating the road ahead."
OpenAI is testing Sora, a text-to-video AI that generates stunning, realistic video from text prompts. This isn't just a media technology — it has direct supply chain applications: training materials for warehouse workers, virtual facility tours, simulation-based planning, and customer experience visualization. When combined with AR/VR, the possibilities are genuinely world-changing.
Augmented Reality and Virtual Reality are already transforming warehouse picking, remote expert guidance, and e-commerce experiences (virtual try-ons, immersive product tours). Add generative AI on top, and the entire way humans interact with physical supply chains will shift.
Bitcoin and most major cryptocurrencies reached all-time highs this month. ProShares Bitcoin Strategy ETF ($BITO) gained 45.33% in a single month and 146.41% year-over-year. If you followed the $BITO thesis from January, you should be doing the money dance right now.
The FOMC signaled three rate cuts for 2024, but I'm still forecasting only two — election season will make the Fed more cautious. I'm studying the markets intensely, taking small tactical positions, and focusing on learning above all else.
"The potential of AI and blockchain — coupled with adaptable businesses — offers a glimmer of hope for navigating the road ahead."
— Daivik Suresh, March 2024-DAIVIK SURESH-
Supply Chain + Business Analytics Enthusiast · March 2024