Damus
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To the sceptics among us the rash of prospective Initial Public Offerings from AI-related enterprises reflect not so much confidence in the future of AI & related technologies bit rather the actions of a group of promoters looking to cash out while the market is booming, searching for the fools to buy them....

(its said every speculative market needs fools; if you don't know who they are then its likely you; but watch out, booms only run until the last fool has invested!)

#AI #investment
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Analogue Dog · 5w
Softbank https://en.wikipedia.org/wiki/Greater_fool_theory
MarjorieR · 5w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4mstcx9tq not just fools. They have just rigged the rules for adding these IPOs to the NASDAQ so that otherwise conservative index funds are likely to be forced to buy them. Thy are also changing...