Luca Pietro on AI Bubble
Luca Pietro
AI Bubble
Claims and stances
Transcript
- 0:00 Investors are becoming far too defensive with their tech sell-offs recently.
- 0:05 As we've seen with this AI bubble and the overvaluation in the market, we have these tech giants like NVIDIA and Palantir trading at ridiculous uh multiples, which is resulting in this overvaluation in the market right now.
- 0:17 However, even with CEOs coming out and saying, um, for example, Sam Altman came out and said that investors are too bullish on on the AI boom, I still believe that uh there's a lot of uh progress and growth to be made in the space.
- 0:31 Um companies are now just starting to integrate these benefits that we're seeing from AI into their operations top to bottom.
- 0:38 Companies are gonna be able to become much more efficient with these AI procedures, um, and I think it's just gonna continue to grow.
- 0:45 Uh although it is overvalued right now, I don't think that's necessarily a reason to completely um follow the rest of the crowd with this tech sell-off.
- 0:54 Uh I believe that uh we need to keep our cards close and see how this plays out, but I I s I still believe that we we're we're we're not seeing the full long-term growth of this revolution.