AI Bubble Worse Than 2008 Financial Crisis Is Brewing, Warns Analyst: 'People Just Don’t Want To Listen Because...' - NVIDIA (NASDAQ:NVDA)
Albert Edwards, the Global Strategist at Société Générale, has raised a red flag on the current state of the U.S. equity market. He believes that the market, largely driven by tech and AI, is in the throes of a dangerous bubble that could have dire consequences.Market Growth Masks Deeper RisksEdwards, known for his bearish outlook, drew parallels between the current market situation and the dot-com bubble of the late 1990s. In an interview with Fortune, he pointed to the soaring valuations of tech companies ...