[Alberta's Child]

AI is the 2024 version of EVs … which were the 2022 version of self-driving cars, which were the late 2010s version of dot-com companies.

These are the “bright, shiny new thing” industries that attract a flood of capital from investors who are chasing gains without any regard for the fundamentals of the companies they are buying.

[Starboard]

“...without any regard for the fundamentals of the companies they are buying”

**********

How very true. And they wonder why they don’t make any money.