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For those not actually clicking through to the article, it makes no statement whether AI itself is a bubble. This is simply a chart of the frothiness of the Ma
by steveBK123 3y ago
For those not actually clicking through to the article, it makes no statement whether AI itself is a bubble.
This is simply a chart of the frothiness of the Magnificent 7 post-COVID in what has been an AI sentiment driven tech rally.
The tech market rolled over after the initial COVID recovery WFH/remote tech rally as money tightened & rates went up. We then rotated into this AI sentiment rally about a year ago.
Whatever you think about about AI it is often important to understand the sentiments driving broad stock movements and when they turn..