Jamie Dimon Just Issued a Warning About AI Stocks.
History Says the Smartest Investors Are Making This 1 Move
Jamie Dimon, CEO of JPMorgan Chase, is one of the most respected voices in American business. When he raises concerns about the stock market, it’s worth paying attention. In a recent interview with Wilfred Frost on the Master Investor Podcast, Dimon said that the stock market feels a little too complacent about risks.
He issued a warning about the artificial intelligence (AI) boom, drawing on what happened during the dot-com boom (and bust) of the late 1990s. When asked about risks facing AI stocks, Dimon said: When I look at AI itself, the amount of money being spent is huge. Will it pay off in total?