AI has been, to say the least much in the news in recent days and weeks. The current fear, that it will take over the internet and we’ll be in thrall to the bots within 10 years, now overshadows the now rather less scary idea that it might be the catalyst for a soon-to-burst stockmarket bubble.
The share prices of the big AI movers, shakers and tech bros have been the engine of much of the very welcome investment growth in recent months. Surely, as we’ve often said, it and they can’t go on forever? The answer is though, rather more nuanced. Yes, the shares of some of those companies may be (perhaps massively) overvalued. Which will survive, which will disappear, which will thrive are the questions which every well-bonused fund manager hopes to answer – and only half will get right.
Keep your feet firmly in, there will be downs, but the ups will, if you don’t try and second guess, outweigh them. I’d say.
