Jim Cramer Warns Wall Street’s AI Obsession Could Be Nearing Its Peak: ‘Those Days Will Be Numbered Soon Unless…’

Jim Cramer has warned about Wall Street’s enthusiasm for artificial intelligence (AI), suggesting it may be reaching unsustainable levels, CNBC reported. Cramer compared the current AI trend to the action camera craze led by GoPro years ago. He noted that many companies are incorporating AI into their stories to boost their stock’s valuation, similar to how GoPro’s popularity soared before it inevitably crashed. “We’ve seen tons of CEOs and analysts try to shoehorn AI into their bullish narratives. And that’s going on for a while now, and it worked. But I think those days will soon be numbered…

Read More