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Bank of England on AI mania: ‘Stretched’ stock valuations ‘comparable to the peak of the dotcom bubble’ | Fortune
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.
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fortune.com
The AI bubble will pop. Intelligence won’t | Fortune
ChatGPT, Gemini and Claude are extraordinary feats of engineering, but they don’t represent sustainable AI.
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AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns | Fortune
“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.
