Investors expect AI use to soar. That’s not happening.
So far, it's a helpful (re)search assistant but just not that good for the working environment.
The ‘S&P 493’ reveals a very different U.S. economy. A few trillion-dollar companies are powering the market’s gains. Here’s what’s happening to most other businesses in the United States.
"“You have the headwind of de-globalization and tariffs, and the tailwind of AI … those forces are battling to a draw, and in that crosswind you get winners and losers,” said Moody’s Analytics chief economist Mark Zandi. “Anything that is not connected to AI is throttled lower.”
Are we in an AI bubble? Eight charts will help you decide. Soaring investment in artificial intelligence has triggered warnings about a risky financial bubble. These charts show reasons to be calm — or concerned.
Institutional investors are the biggest sheep of them all because they have to live on mood and momentum. They’re so caught up in having to convince their clients that they have to have an AI name.
I’ll be careful about not replacing people with cheap technology right now, because that cheap technology might quadruple in price. Two years from now, the people are gone. You can’t get them back.
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