AI was the talk of Davos – is it time to sell?

Tue, 23 Jan 2024

By James MackintoshThe mood of the global elite meeting in Davos, Switzerland, is a useful indicator for investors – as long as they do the opposite.When the elite are depressed, buy. When they’re positive, sell. When they’re focused on crypto, as in 2021, get out. This year, it was impossible to move in the snow-blanketed resort without having artificial intelligence (AI) pushed at you.Does this mean the AI excitement is overdone? Anything AI-related boomed last year following the launch of ChatGPT, so Davos Man (and inc...

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