Top Goldman Sachs Stock Researcher Warns AI Bubble May Be About to Explode

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Top Goldman Sachs Stock Researcher Warns AI Bubble May Be About to Explode
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"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful.""Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful."The head of stock research at Goldman Sachs, Jim Covello, believes that the burgeoning AI industry could be in for a rude awakening.

The paper marked a significant turning point, with a number of venture capitalists starting to become wary of an emerging bubble that could be set to burst.

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