General Discussion
In reply to the discussion: If You Have Investments in Anything Related to AI, Start Unloading Them. [View all]Happy Hoosier
(9,379 posts)There is definitely an "AI bubble." But AI as a tech isn't going away, anymore than internet commerce went away with the popping of the dot-com bubble.
It's tempting to to just get out of the S&P500, but no one knows when the bubble will pop or the where the bottom will be. I think trying to time the market is a fool's errand. There was a firm that predicted the dot-com bubble and got out of the market in early 1999. But the market went up massively after they exited the market, and bottomed out just slightly lower than their exit position. So they were right.... but what good did it do them? But hey, if you think you can time it and come out ahead, go for it. I'll watch with interest. So yeah, a correction is coming. How big and when? Belly up to the casino table...