Billions of dollars continue to pour into artificial intelligence (“AI”)…
However, nobody is making money on AI yet…
Companies are just spending and logging operating losses, hoping to come up with a great business one day. Money is pouring in from investors… and yet there’s nothing but operating losses as far as the eye can see.
We’ve seen this kind of thing before. And the massive investment in this technology signals that the market may be approaching a high-risk moment…
This post originally appeared at DailyWealth.