Fed Jerome Powel Thinks AI is Not a Bubble
Banklessยท2025-10-31 22:03
Okay, so somebody asked Pal. They were like, "Hey Pal, is AI in a 1990s style tech bubble?" What do you think he said. >> Uh, I don't know.>> You know what he said. This is an actual quote. This is different. >> This time is different. >> He didn't say this time.He said this is different. He said in the sense that these companies, the companies that are so highly valued, actually have earnings and stuff like that. Stuff like that.So Powell's like, "No, there's some earnings here." In contrast to the 2000's ...