AI spending is prodigious. The current mania resembles the internet bubble and earlier enthusiasms like RCA in the 1920s.
Stock prices “are in a historic bubble” relative to their 100-year price trend, found Ned Davis Research. Still, the firm ...
The dot-com bubble was a period during which rampant speculation and bullish investment led to the overvaluation (and subsequent crash) of the young internet technology industry on Wall Street.
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