Derived from TechFlow, Goldman Sachs analysts Dominic Wilson and Vickie Chang warned that the current AI investment boom bears similarities to the 1999 internet bubble. In a report, they identified five warning signals, including peak investment spending, declining corporate profits, rising corporate debt, Fed rate cuts, and widening credit spreads. The analysts noted that while the market has not yet reached 1999 levels, the AI-driven frenzy carries increasing risks of a similar collapse.
Goldman Sachs Warns AI Hype May Mirror 1999 Dot-Com Bubble
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