Experts Urge Caution on AI Hype, Warning First Movers Often Get Disrupted
-
Investor skeptics warn against overhyping AI and first-movers like Nvidia, saying disruptors are often later disrupted.
-
Rob Arnott thinks Nvidia is overvalued, leaving no room for error.
-
Terry Smith compares the AI boom to a soccer stadium where spectators stand to see better but no one gains an advantage.
-
Accountant Jack Ciesielski notes first movers often lose out to fast followers, citing WordPerfect vs Microsoft.
-
Goldman's Peter Oppenheimer compares to 18th century canals - the big winners used them rather than operated them.