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Even wall street thinks this has gone too far For the first time in 20 years, ai bubble fears have fund managers saying companies are overdoing it even wall street thinks this has gone too far. Some 202 panelists managing $550 billion in aum are raising a concern unseen since 2005, according to bofa.
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A net 20 per cent of fund managers surveyed this month by bank of america said companies were spending too much on their investments — the first time this has been a majority view in data. For the first time in 20 years, ai bubble fears have fund managers saying companies are overdoing it investment alarm bells ring A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the ai spending boom
Way back in april, personal finance outlet investopedia warned its readers that “few would escape the pain” of an eventual ai crash, given the concentration of tech stocks among the s&p 500.
The latest breaking news on investment alarm bells ring