Goldman Sachs dismisses AI bubble, predicts upcoming revolution

artificial intelligence bubble doesn't exist, despite concerns persist among analysts regarding the significant surge in AI market interest and the resulting spike in tech stocks. On the contrary, the financial powerhouse believes we stand on the verge of an AI revolution, rather than the anticipated bubble.

The recent upswing in AI stock prices has led some to draw parallels with the late 1990s dot-com bubble, a comparison that Goldman Sachs stronglyPeter Oppenheimer, Goldman Sachs' Chief Global Equity Strategist, in the publication, went on to assert: "We are convinced that we are still in the early phases of a new technology cycle, which is poised to deliver additional strong performance."

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