AI Is the Future for Some Companies, But May Just Be a Buzzword for Others

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The Street

By Daniel Kuhn As the rise of artificial intelligence dominates public discourse on Wall Street and Main Street alike, are some companies simply having FOMO? Few would argue that AI won’t directly change how we live and do business, though the extent remains unknown. However, during the May Action Alerts PLUS members’ call, portfolio manager Chris Versace and renowned technical analyst Helene Meisler said the current hype around the AI revolution draws more than its fair share of parallels to the Dotcom bubble. While both argued AI is here to say, the technology is in early innings and some co…

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