If I’m not mistaken they are using high valuations of top companies to conclude AI is overhyped? Sorry, but weren’t these valuations escalated because of low i

If I’m not mistaken they are using high valuations of top companies to conclude AI is overhyped? Sorry, but weren’t these valuations escalated because of low interest rates and quantitative easing? Perhaps combined with increased concentration in Top 10 by investors navigating uncertainty? Typical BS coming from a mega fund only supported by management fees. not saying AI isn’t hyped but this is laughable.