Reported about 5 hours ago
In a recent discussion, Rich Bernstein, CEO of Richard Bernstein Advisors, expresses skepticism about the long-term profitability of AI investments. Although he acknowledges the revolutionary potential of AI, he warns that the current excitement may lead to disappointing outcomes. He emphasizes that the success of investments is fundamentally tied to capital supply and demand, which he does not believe is under pressure in the AI sector at this time.
Source: YAHOO