Is AI still worth the hype?

The AI hype seems to be fading, but honestly, I don't see a solid reason behind it. I mean, there are millions hooked on ChatGPT every day, and they can't even imagine life without it. And it hasn't even been a year since it blew up.

I'm betting there will be a flood of new AI-generated products on the horizon, and I'm pretty sure there's still a bunch of killer companies to invest in. $SMCI, for instance. Their ratios look solid in my book, and teaming up with Nvidia could totally launch them into the stratosphere. $MSFT, $NVDA, and $META – they're all sitting pretty to ride this wave.

But the real question is: Are we looking at a déjà vu of the dot-com bubble where Cisco got totally hammered, or are these players gonna keep dominating the market?

submitted by /u/doyouknowshmolik
[link] [comments] https://www.reddit.com/r/stocks/comments/164hlnb/is_ai_still_worth_the_hype/
Created 1y | Aug 30, 2023, 1:50:24 AM


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