Capital continues to pour into the AI sector with very little attention being paid to company fundamentals... when the music stops there will not be many chairs available.
This is precisely what happened with the Internet in 1999, autonomous driving in 2017 and now generative AI in 2024.
There's a huge boom in AI - some people are scrambling to get exposure at any cost, while others are sounding the alarm that this will end in tears.
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