Are companies pouring too much money into AI?
On Oct. 12, Broadcom CEO Hock Tan told a Singapore audience that many AI investors don't understand what they're buying and the market now resembles a casino, helping send Asian chip stocks lower.
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I don't know and neither does anyone else. It is a shit ton of money and sooner or later investors are going to want to see returns on the investment. That's when bubbles burst. The strongest and least leveraged will survive. Right now AI investment is keeping this country out of a recession so ... it's all good for now.