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ICYMI: The man who called every bubble says AI is the next one https://thespend.net/the-man-who-called-every-bubble-says-ai-is-the-next-one/?utm_source=dlvr.it&utm_medium=mastodon #AI #MarketTrends #JeremyGrantham #Investment #Technology

The man who called every bubble says AI is the next one

Jeremy Grantham has predicted every major market crash since the 1980s. He says the AI spending race is destroying the monopoly profits it was supposed to protect.

the spend

the spend 1d ago

The man who called every bubble says AI is the next one https://thespend.net/the-man-who-called-every-bubble-says-ai-is-the-next-one/?utm_source=dlvr.it&utm_medium=mastodon #AI #MarketCrash #JeremyGrantham #Investment #Technology

The man who called every bubble says AI is the next one

Jeremy Grantham has predicted every major market crash since the 1980s. He says the AI spending race is destroying the monopoly profits it was supposed to protect.

the spend

Yonhap Infomax News May 19

Jeremy Grantham, GMO co-founder, warns US economy would have entered recession in 2023 without AI boom, as tech giants' $725 billion capital expenditure plans represent unprecedented 2% of GDP dependency, while cautioning that new bubble is forming atop partially deflated 2022 market bubble.
#YonhapInfomax #JeremyGrantham #AIInvestment #USEconomy #RecessionWarning #TechBubble #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121424