The Importance of Understanding AI

Wall Street will manufacture the merchandise to feed the AI hunger as it does for anything popular. Stan Druckenmiller said that he shorted $200 million worth of dot com stocks in March of 1999. He covered two months later with a $600 million loss in all of those companies eventually went bankrupt. If you're if you're skeptical, you don't have to buy them. That's very different than shorting them.