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Technology investor Jonathan Curtis is bullish, though he's worried about AI stocks in late 2023. "But we're in an experimentation phase for AI — we're not in the revenue phase for AI." Although revenue and earnings for many companies connected to AI aren't substantial, the demand for workers with AI know-how certainly is, Curtis said. Still, while he keeps his focus on the long term, he acknowledged that valuations for AI stocks are ambitious, if not a bit crazy. And while the portfolio management director thinks investors should be wary of AI stocks' volatility in the near term, he made clear that AI is absolutely worth investing in for the long term.
Persons: Jonathan Curtis, he's, Curtis, Jonathan Curtis —, there's, We've, — we're, they'll, Curtis spotlighted Organizations: Technology, Federal, Franklin Equity Group
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