Why AI Has A Split Personality

Photo by Mohamed Nohassi on Unsplash

Now, there’s no doubt artificial intelligence (AI) will eventually change the world. That’s already starting, but the full impact is probably a ways down the road.

Right now, investors’ perception and imagination of AI is what’s really driving the bus. Hopes and fears are what we have to contend with right now. That’s powerful stuff. In fact, those hopes and fears are so powerful that Nvidia is now around $100 billion larger by market cap than the entire Energy Select Sector SPDR.

That’s why worries about its earnings drove massive tech selling this week. And it’s why Palo Alto, which had decent earnings, got crushed. We’re going to look at why this happened and what it means for AI stocks from here out.

Video Length: 00:13:37

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