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Last week, pop star Lorde stood on stage in Madrid and told the stadium full of fans to reject a piece of technology that some of the biggest names in entertainment, including Kylie Jenner and BLACKPINK’s Jennie, had just spent months getting paid to promote.
That tech belongs to Meta Platforms, Inc. (META), its video-recording AI glasses that celebrities are lining up to sell. Normal people, however, are lining up right behind Lorde to call Meta’s glasses “creepy,” “invasive,” and something you actively do not want strapped to your face. Whereas the billionaires and brand partners see the future, the crowd just sees a surveillance device with a massive marketing budget.
That gap, between what insiders build conviction around and what the public feels comfortable owning, is worth remembering, because it speaks to the five cheap AI stocks I want to talk to you about this week.
Every name on this list has dropped double-digits from its highs over the past month, because retail sentiment turned sour on AI infrastructure the same way it turned sour on face computers.
