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🔥🚨STOCK MARKET MANIA: AI BOOM RECREATES 1990s #DOTCOM EUPHORIA 💥 🔹Veteran tech analyst Fred Hickey, famed for warning of the 1990s dotcom bubble, says today’s market frenzy is “even crazier.” 🔹He compares the AI-driven surge — with 41 AI stocks making up 47% of the S&P 500’s value — to the irrational exuberance of 1999. 🔹Hickey argues GenAI is overhyped, lacking reasoning or innovation, and warns valuations may collapse like the tech bust 25 years ago. (Source: Reuters Breakingviews)
🔥🚨STOCK MARKET MANIA: AI BOOM RECREATES 1990s #DOTCOM EUPHORIA 💥

🔹Veteran tech analyst Fred Hickey, famed for warning of the 1990s dotcom bubble, says today’s market frenzy is “even crazier.”

🔹He compares the AI-driven surge — with 41 AI stocks making up 47% of the S&P 500’s value — to the irrational exuberance of 1999.

🔹Hickey argues GenAI is overhyped, lacking reasoning or innovation, and warns valuations may collapse like the tech bust 25 years ago.

(Source: Reuters Breakingviews)
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