Oaktree's Howard Marks says AI frenzy isn't a bubble — at least not yet

To me, the main ingredient in bubbles is uh psychological excess. There's no such thing as a price too high. And I don't detect that level of of uh mania at this time.So I have not uh put the bubble uh label on this on this incident >> because some people are wondering if there are echoes back to the dotcom bubble with AI >> transformational technology >> by all the the chip stocks that are playing into it. >> Right. Right.Well, uh I think there's relatively little doubt that AI will change the world and AI ...