Forget about the froth in tech valuations. The real excess might be building up in energy stocks. For all the fears about stretched technology shares, many of those companies are hugely profitable ...
Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Mr. Cummings served the council as an economist from 2021 to 2023. You may remember the recession ...
Richard Whittle receives funding from several standard sources including UKRI and Research England. No funders are likely to benefit from, or influence this work Stuart Mills does not work for, ...
No matter how much is said about the hundreds of billions of dollars hovering over the tech industry’s head like an anvil in the “AI bubble,” it just won’t pop. Not only is it refusing to budge, but ...
LONDON, Oct 10 (Reuters Breakingviews) - Even the tech titans admit we are in a bubble. There will be plenty of losses to go round, they say, but the massive investment in artificial intelligence will ...
Hovering blue flames that flicker over bogs and marshes have inspired ghostly folktales for centuries. Known as “will-o’-the-wisp,” “jack-o’-lantern,” “corpse candle” and “ignis fatuus” (“foolish fire ...
Amazon founder Jeff Bezos suggested Friday there is a bubble in the artificial intellgence market but argued this ultimately could benefit society. During an appearance at Italian Tech Week, the ...
Amazon founder Jeff Bezos suggested Friday there is a bubble in the AI market but argued this ultimately could benefit society. During an appearance at Italian Tech Week, the billionaire sought to ...
Share-price action, equity valuations, portfolio concentration and market speculation are all frothy, while inflation signals are flashing red. While this all points to an asset bubble, Bank of ...
For good reason, it feels that the only major discussion in markets is whether AI is in a bubble or whether it’s actually the early innings of a revolutionary phrase. So here’s another one, decidedly ...
Jeff Bezos said on Friday that the “AI bubble” exists because of overexcitement and overinvestment in the technology. Bezos said that “the benefits to society from AI are going to be gigantic,” even ...
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every weekday I look at the biggest stories in markets and economics, and explain what it all means for your money. Let’s step ...