Should Investors Be Worried About an AI Bubble? Here's What History Says.
Yes, investors should be worried about an AI bubble because Wall Street has a long history of going to extremes.
Overview
Financial history is filled with bubbles, going all the way back to the Tulip Bulb mania in the 17th century. There are entire books written about how investors frequently take good investment ideas and push them way too far. To think that artificial intelligence (AI) will somehow avoid the same fate is shortsighted. And the best evidence comes from the last technology-related bubble.
At the turn of the century, Wall Street was enamored of internet stocks. Companies would simply append ".com" to their names to gain investor attention. And far too often it worked! The technology has, in fact, changed the world. But that doesn't mean investors who bought into the emerging bubble at the time made out.
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Originally published at www.fool.com.