Speaking with BNN Bloomberg on Thursday, co-founder and partner at Deepwater Asset Management, Doug Clinton, said he believes AI will be even bigger and more impactful over the long term than the market thinks.
Clinton points out that investors are feeling a sort of euphoria right now over AI, and it’s important to remain cognizant about the valuation. “Asset prices for AI could keep going higher but it’s important that investors remain cognizant about the valuation before getting too excited about the technology.”
“AI is just the pixie dust of the investment world right now,” said Dhiab. “In the long term, companies that support AI will benefit.”
Source: News Formal (newsformal.com)
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