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.