Could Overspending on AI Infrastructure Be the Weak Link That Bursts the Bubble?

Wall Street is often described as a voting machine in the short term and a weighing machine over the long term. In other words, emotions hold sway over short periods of time while actual business success is what's important in the long run.Artificial intelligence (AI) is all the rage today, and companies are investing heavily in the technology. That's exciting today, but if history is any guide, it could be what leads to the popping of the AI bubble.Although I have my misgivings about the technology, I'm not here to disparage artificial intelligence. Without question, what AI has achieved is incredible. And the speed with which advances are being made is rather shocking. Sure, like famous investor Charlie Munger, I don't really know why "regular" intelligence needs to be replaced, but that hasn't stopped the world from embracing AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool