AI will cause almost every business to become more efficient either directly or indirectly and AI is being seen as like a second Industrial Revolution. They will have computers doing jobs better and faster 24/7 causing massive productivity boosts and costs savings. I’m having trouble finding a reason not to see a massive bull run from this. Even if you think this could cause a bubble, might as well ride the bubble now in the early stages.
Goldman Sachs strategists estimate that generative AI could create productivity gains that result in S&P 500 companies expanding profit margins by about 4 percentage points in a decade following widespread adoption.
[link] [comments] https://www.reddit.com/r/stocks/comments/14ctt8r/how_does_ai_not_cause_a_massive_long_term_bull/
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