So I’ve heard several times throughout the year that the rally is being driven by AI stocks. That AI is the future and is going to change the entire technological landscape and life as we know it. But I don’t understand why or how?
This feels like when people were drooling over 5G and 5G connectivity. So 5G stocks were all the rage and 5G was supposed to take internet connectivity to heights unseen. And 5G was just “meh” and came and went.
Then it was the Metaverse. Facebook changed the name of their company. It would entirely change how we interact with each other. It was supposed to be as big as the internet. Oculus goggles would be the biggest Christmas gift. Everyone was looking for the next meta verse play in the stock market. And then it kind of just stopped being popular and talked about.
This AI feels eerily similar to these things and I don’t understand why it’s different. And why it’s driving this rally.
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