Lots of companies will implode in the short term, but a few will emerge as the Googles and Amazons of the AI era.

ChatGPT, Gemini and Claude are extraordinary feats of engineering, but they don’t represent sustainable AI.

“AI better deliver for the U.S., or its economy and markets will lose the one leg they are now standing on,” warns Ruchir Sharma of Rockefeller International.

Lots of companies will implode in the short term, but a few will emerge as the Googles and Amazons of the AI era.

The top five members of the S&P 500 command nearly 30% of market share, a record high for any point over the past 50 years.

As central bankers warn of an AI bubble, Silicon Valley’s true believers are doubling down—turning AGI prophecy into cash, clout, and billion-dollar bets.

Dimon said when the bubble will burst is hard to predict.

Though much of OpenAI’s DevDay looked to the future, I was especially curious about what OpenAI COO Brad Lightcap had to say about the past.

“It seems you can’t go anywhere without talking about AI,” says Aditya Bhave, senior U.S. economist at Bank of America Research.

Some are worried that the rapid rise in the value of AI tech companies may be a bubble waiting to burst.