He and the others he quotes articulate what I have been thinking and saying regarding high tech and AI. Yes, it is going to be one of the great technological developmets of history, just like the internet, microchips, digitalization, streaming etc. etc. However, that was what 2023’s stock market rally was about and all those previous phases were overdone in terms of stock market appreciation. It always goes to upside extremes that need and end up being corrected.

Big Tech’s AI Hype Machine, Part Deux