People are chasing AI stocks like 'dogs chase cars' — and a crash looks certain, veteran investor Bill Smead says [0] > Smead said the problem isn't whether AI

People are chasing AI stocks like 'dogs chase cars' — and a crash looks certain, veteran investor Bill Smead says [0] > Smead said the problem isn't whether AI companies realize the technology's potential benefits, but that "whatever success they might have has already been massively overcapitalized." [0] https://www.businessinsider.com/ai-stocks-bubble-crash-smead-market-outlook-nvidia-openai-tech-2025-9?op=1 https://www.businessinsider.com/ai-stocks-bubble-crash-smead...