Early $GOOGL & $META investor Roger McNamee: “AI is not a small bubble. It’s a humongous bubble.”
Roger McNamee says $1.4T spent on AI that will never be general purpose. Big tech firms fight for same 2 spots with same tech. No moat means most will lose big. Fund managers hold lowest cash in history per BofA. 59% of S&P tech stocks already down 20%+ from peaks. Handful of AI names carry … Read more