Overenthusiastic or Just Right? The AI Boom’s Goldilocks Question

March of this year marked the 25th anniversary of the dot-com bubble doing what bubbles do: pop. In the months since, a growing cohort of prominent market observers and participants has warned that the current AI boom could represent a repeat. Among them are University of Michigan financial markets expert Eric Gordon, OpenAI CEO Sam Altman, Alibaba chair Joseph Tsai, Apollo chief economist Torsten Sløk and Bridgewater hedge fund leader Ray Dalio. They have a case worth taking seriously, but so does the ot ...