Is an investment in AI really worth it?
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Your 2-minute guide to demystifying money and making you richer
The markets, year-to-date
S&P 500: 5,648.40 ⬆️ 19.09%
FTSE 100: 8,376.63 ⬆️ 8.48%
Bitcoin: $58,941.65 ⬆️ 33.34%
GBP to USD: $1.3130 ⬆️ 3.17%
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(as of market close on Friday)
One of the hottest picks on the stock market lately is AI. (And no, ChatGPT didn’t write this — a human did.)
Between 2015 and 2022, investment in AI increased seven-fold, and some analysts have even lumped the technology into the “essentials” category, alongside the internet or electricity. With many Fortune 500 companies making big investments in AI, including Alphabet and Microsoft, it would seem everyone wants to play the AI game right now.
…or do they?
Questioning The Hype
Although we’re in the midst of an AI investment frenzy, some insider voices have hinted that the ultra-positive sentiment around it may be starting to wane. Some are even comparing the AI boom to the ‘90s dot-com bubble. (Which, if you didn’t know, left milli…