"University of Auckland assistant professor of finance Gertjan Verdickt said there were multiple layers to it.
...
Verdickt said AI was difficult to value, but the average company was profitable and there seemed to be sustainable business ideas behind them."
#SusanEdmunds, 2025
https://www.rnz.co.nz/news/business/575935/is-the-share-market-about-to-crash
Aaaaaahahahaha. It's like the DotCom bubble all over again. The financial experts have no idea how empty of real value #MOLE Training is.
"The biggest investors are all Microsoft, Google, Amazon. These are huge businesses with massive balance sheets where data centres and AI are important and becoming more important, but only a small part of what they do."
#RupertCarlyon, founder, Koura
https://www.rnz.co.nz/news/business/575935/is-the-share-market-about-to-crash
True, but ... most of their other business areas have peaked, were loss leaders or market control gambits, or just never became profitable. The "AI" con is the only thing keeping their valuations inflated.
(1/2)