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We're Getting There, Part 2 Goldman Sachs on AI: "[AI] will cost over $1tn in the next several years alone...: What $1tn problem will AI solve?" "...to justify those costs, [it] must be able to solve complex problems, which it isn’t designed to do." PDF link: www.goldmansachs.com/intelligence...
We're getting there Cisco was ~$7 a share when the 1997 article was published. It ran to $80 by March 2000 before crashing back down to $10 in October 2002 (The Dot-Com Bust) "Wall Street’s love affair with AI doesn’t seem like it’ll ever end" And it won't. Until it does. With a vengeance.