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A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the artificial intelligence spending boom. Stocks have soared this year amid a. For the first time in 20 years, ai bubble fears have fund managers saying companies are overdoing it
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A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the ai spending boom Even fund managers say the ai stock boom is a bubble, bofa survey says about 54% of fund managers polled by bank of america said tech stocks were overvalued But it would probably do so only after a painful period of adjustment for investors, suppliers and governments who have tied their growth expectations to an uninterrupted ai boom.
Ai investment is driving wall street’s biggest rally in years
Forbes’ expert contributors explore whether it's a rising wave or an ai bubble. Spencer platt/getty images) global fund managers are signaling a historic reversal in sentiment regarding corporate spending, driven primarily by concerns over the aggressive pace and financing of the artificial intelligence (ai) capital expenditure boom According to the latest bank of america (bofa) global fund manager survey (fms) conducted nov