The AI bubble looks fit to burst, Bank of America director says.

Bank of America strategist warns AI bubble mirrors dot-com peak — recommends bonds and defensive stocks as 'post-bubble roadmap'

https://moneywise.com/investing/stocks/bank-america-ai-bubble-post-bubble-roadmap-bonds-stocks

#news #tech #technology #AI #aibubble #grok #aislop #banking #finance

Bank of America strategist warns AI bubble mirrors dot-com peak — recommends bonds and defensive stocks as 'post-bubble roadmap'

Signs point to stocks being overvalued to a similar degree as the dot-com era. What’s your plan if the bubble bursts?

Moneywise
@Some_Emo_Chick Here's hoping my next batch of IT students doesn't think they can vibe their way to a well-paid work-from-home gig.
@Some_Emo_Chick I'm also wary of index funds with the recent rules changes that will allow/force some of them to purchase SpaceX shares on a *much* shorter time frame than usual and without the normal showing that a company is actually an appropriate investment (e.g. profitability).

@Some_Emo_Chick Google knows. Alphabet must be in panic mode at least since February when they reintroduced the 100-year bonds to back their projects.

A.k.a. invest in our "AI" now and you will never get your money back!
https://orf.at/stories/3419876/

Bericht: Alphabet setzt bei KI auf hundertjährige Anleihe

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