Matt Schumer
General partner at Schumer Capital and writer of a widely shared essay explaining why recent AI model releases represent a distinct inflection point for automation and labor.
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Feb 11, 2026 • 39min
Musk’s xAI Loses Two Co-founders, Why AI Automation is Different, Wealth Management Stocks Fall
Ross Gerber, CEO of Gerber Kawasaki, warns how AI tools are reshaping wealth management. Matt Schumer, GP at Schumer Capital, explains why recent model releases mark a true automation inflection. Anita Ramaswamy, financial columnist, makes the case that ServiceNow is undervalued. They discuss leadership churn at Musk companies, AI-driven advisor scaling, and shifts in software valuation and pricing models.
