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Wednesday 17 April 2024 12:32:09 GMT
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Is AI just dot-com 2.0? The blue line is the current Nasdaq-100 AI-era run. The gray line is the closest-matching dot-com-era path. After Today, the green and red lines are hypothetical scenarios: an exaggerated melt-up vs an exaggerated crash. They are not forecasts. A similar price pattern also doesn’t mean today’s market is fundamentally the same as 1999. Many current AI leaders are already huge, profitable businesses. Dot-com contained far more speculative companies with weak or nonexistent profits. And even if AI is a bubble, nobody knows when it ends. Tomorrow? A year? Two years? A slow correction instead of a crash? Price-pattern matching cannot answer that. #stocks #investing #AI #stockmarket #nasdaq
Is AI just dot-com 2.0? The blue line is the current Nasdaq-100 AI-era run. The gray line is the closest-matching dot-com-era path. After Today, the green and red lines are hypothetical scenarios: an exaggerated melt-up vs an exaggerated crash. They are not forecasts. A similar price pattern also doesn’t mean today’s market is fundamentally the same as 1999. Many current AI leaders are already huge, profitable businesses. Dot-com contained far more speculative companies with weak or nonexistent profits. And even if AI is a bubble, nobody knows when it ends. Tomorrow? A year? Two years? A slow correction instead of a crash? Price-pattern matching cannot answer that. #stocks #investing #AI #stockmarket #nasdaq

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