Did Investors Get Too Far Ahead of the Artificial Intelligence (AI) Revolution? The Market Is Starting to Say Yes.

Investors have a long and storied history of finding a good idea and then collectively investing in it. The end result is lemming-like behavior that pushes stocks up to unsustainable heights. This is how bubbles arise. However, at some point, the reality of the investment idea and the price investors are paying collide, and investors start selling, triggering a rush for the exits. That's when the bubble bursts. The bubble-and-burst dynamic is so common that entire books have been written about it, with exam ...