Goldman Sachs Critique of AI Bubble
Goldman Sachs’ research head criticized the AI bubble, stating that the economic impact of AI over the next decade will be limited. AI is expected to boost US productivity by only 0.5% and GDP by 0.9%, leading to potential wastage of billions in investment and creating one of the biggest bubbles in stock market history.
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Money Thrill : The fundamentals are totally different comparing with the past bubbles ... there where P/E at 500 or 600 without revenues? Some companies shall be very good, others not at all. Make your study of fundamentals ROIC, FREE CASH FLOW of money they can use for investment ... Capex can be higher but not a problem if cash flow is good?
DavidCCL : GS is still holding 127.69mil Nvidia stock in Q1 2024, what's GS intention for this statement? To sabotage its own company and clients?
Space Dust Money Thrill : " this time is different". the more people say this, the more concerned one becomes.