The AI Driven Stockmarket Ramp

Whoever becomes the leader in this sphere [A.I.] will become the ruler of the world – Vladimir Putin

Since the end of November the firm’s market capitalisation has soared from under $400bn to $925bn—accounting for a fifth of the rally. Add Nvidia’s surge to the growing market capitalisations of the 13 other firms with AI exposure and a remarkable 73% of the broader rally is explained. The boom in AI stocks has comfortably outstripped the wider tech rebound. The nasdaq is up by a fifth since November, compared with a third for the most AI-exposed firms. – Economist

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2 Responses to The AI Driven Stockmarket Ramp

  1. Joe R.'s avatar Joe R. says:

    Hey Gregor – I thought that was a Klaus Schwab – our WEF overlord – quote?

    Not sure Putin is so interested in AI – he is having too many problems with his 60s & 70s vintage military these days to be looking forward…

  2. Unknown's avatar Mike says:

    Imagine cyber criminals employed by toxic authoritarian bullies disseminating lies of unimaginable breadth and scope—like Trump but times a hundred gazillion and on even more steroids. Welcome to AI porkier. Perhaps the end of electronic social media is actually near. Like when you mistakenly put your elbow on the repeat key for way too long and the never ending electronic hairball that results ties itself in mega knots and shuts the whole thing down forever. Newsprint and hard cover paper books could make a big comeback.

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