How to trade it Let's remember the elements of a bubble, as defined by many market historians who have written about such financial market phenomena (myself included).
The public increasingly has been buying related tech stocks and associated ETFs, but we have yet to see the single-minded focus of the entire stock buying world come to bear on AI stocks.
In 1999 alone, some 456 stocks went public at the height of the internet mania.
If there is to be a bubble in AI, it's the early days.
Also, "easy money" from the Federal Reserve, a key component of financial frenzies, is not fueling speculation in publicly traded AI shares, or any other asset class for that matter.
Persons:
Jaap Arriens, Charles MacKay, John Kenneth Galbraith, Edward Chancellor, Charles Kindleberger, David Faber
Organizations:
Nurphoto, Nvidia, Microsoft, Google, Oracle, Adobe, Fund, Nasdaq, CNBC, Federal Reserve
Locations:
Sea, Mississippi, England, France