Yes which supports the op’s claim that it is different because the companies doing ai hype are S&P 500 giants with multiple revenue streams, not startups with nothing to fall back on.
For example, MS’s stock was at $300 before the AI hype and now it’s at $400. It’s stock jumped after several quarters of exceeding expectations on revenue from their cloud services- which have little to nothing to do with AI.
OpenAI isn’t in the S&P 500.
Microsoft is which is basically OpenAI’s parent company now.
Yes which supports the op’s claim that it is different because the companies doing ai hype are S&P 500 giants with multiple revenue streams, not startups with nothing to fall back on.
For example, MS’s stock was at $300 before the AI hype and now it’s at $400. It’s stock jumped after several quarters of exceeding expectations on revenue from their cloud services- which have little to nothing to do with AI.