Valuation less ambitious than 25 years ago
The current strong share price gains in stocks benefiting from artificial intelligence (AI) are based on a more solid foundation than the internet boom at the turn of the millennium. This is because the most important players are already profitable and much stronger financially than the companies 25 years ago. In addition, the necessary infrastructure is already in place on a large scale.
However, the short-term economic implications of the AI megatrend could be overestimated, while the long-term effects are underestimated, meaning that there are likely to be setbacks.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.