Opinions split over AI bubble after billions invested
Companies announcing multi-billion dollar investments in artificial intelligence have raised concerns about the formation of a bubble reminiscent of the dotcom boom and bust.
Investors are on guard for signals that demand is tailing off or that the massive spending is not paying off as anticipated.
A BofA Global Research’s monthly fund manager survey revealed that 54% of investors said they thought that AI stocks were in a bubble compared with 38% who do not believe that a bubble exists.
